HHH Tempering Resources Inc. (HHH) announced the appointment of Mike Synon as the company’s new president. Synon has spent the past two years as the company’s vice president of sales and marketing.
Previous majority owners, Leon and Rick Silverstein, have been transitioning company ownership to an employee group of glass industry veterans and outside investors, according to a release. The group of principal employees includes Synon, Terry Hessom and HHH founders John Haws and Keith Hunt. As part of this “planned organizational evolution,” the Silversteins have stepped down, and the company is now majority employee-owned.
“It’s the right time for HHH to be employee-led, and Synon is the ideal candidate to take them to the next level,” says Leon Silverstein “Synon’s leadership will provide a platform for product line growth and overall diversification.”
The process of transitioning stock to the new team will conclude in the first quarter of 2015.