Waukesha-based
KDV Label, a producer of labels and different printing options, introduced this week the retirement of present president and chief govt officer
Shane Vaughn. After 28 years of working the enterprise
based by his dad and mom, Karen and Dick Vaughn, Shane Vaughn will step down from his position on the finish of the month.
KDV’s board of administrators has appointed Keith Walz as the corporate’s new CEO. Walz beforehand served as chief monetary officer, a job he first started in 2021.
“It was an extremely robust resolution to retire from KDV, which began in my dad and mom’ storage and resulted in an extremely profitable enterprise and lifelong friendships for each of them and myself,” stated Vaughn. “Nonetheless, the time is ideal for me to begin a brand new chapter, and our household can relaxation assured that Keith Walz, the management crew, Mason Wells, and the board of administrators will proceed to develop KDV with the identical values as our household.”
Previous to becoming a member of KDV, Walz was president of Osborn, LLC, a producer of business steel ending merchandise. He additionally served as vp of company M&A for Brady Corp. Vaughn and Walz have labored carefully collectively over the past 18 months to assist guarantee a clean transition.
“The chance to serve KDV as its CEO is an honor and privilege,” stated Walz. “We are going to proceed to make the Vaughn household pleased with the corporate and tradition every of us joined KDV to be part of. We sit up for constructing on their legacy of main with service.”
In 2021, KDV grew to become a Mason Wells Buyout Fund IV, LP portfolio firm.
