Contact: Kent Tyler For Immediate Release
Vice President Marketing May 12, 2005
(620) 663-5551
Collins Industries Announces Appointment of
Chief Financial Officer
Hutchinson, Kansas - Donald Lynn Collins, President and Chief Executive Officer
of Collins Industries, Inc. (Nasdaq: "COLLE"), announced today that the Board of
Directors has named Cletus Glasener as Vice President and Chief Financial
Officer of the Company, effective May 23, 2005. Mr. Glasener will be responsible
for all corporate and companywide accounting and finance functions, including
SEC reporting requirements, information technology, and treasury functions. Mr.
Glasener will report directly to the President/CEO of the Company.
"I'm pleased to announce that Cletus Glasener has been named Vice President and
Chief Financial Officer of Collins Industries, Inc. After an extensive national
search, we feel fortunate to have attracted such an outstanding individual to
serve as Chief Financial Officer for the Company. Mr. Glasener has over 22 years
of experience in public financial and accounting operations and we are confident
his breadth of experience will provide the leadership necessary for our
financial and accounting operations," stated Donald Lynn Collins, President and
Chief Executive Officer.
Mr. Glasener, 46, served as Vice President - Controller and Treasurer of Vought
Aircraft Industries, Inc. in Dallas, Texas since 2000. In this role, he served
as the principal financial and accounting officer of the $1.2B company.
Additionally, Mr. Glasener managed all of the company's internal and external
financial reporting, serving as the principal financial and accounting officer,
reporting to Vought's President and CEO for all of 2003 and 2004.
Mr. Glasener holds a B.A. in Economics from Washington University, and a MBA
degree from the University of Missouri. He is a Certified Public Accountant
(CPA) and a Certified Management Accountant (CMA).
Collins Industries, Inc. is a leading manufacturer of ambulances (including
medical attack vehicles, rescue vehicles and fire emergency vehicles), North
America's largest producer of Type "A" small school buses, the nation's second
largest manufacturer of terminal trucks and a leader in the road construction
and industrial sweeper markets. Since 1971, the Company has grown to
approximately 900 employees in six plants comprising over one million combined
square feet of manufacturing space. The Company sells its products throughout
the United States and abroad.
For more information on Collins Industries, Inc., visit Collins Industries,
Inc.'s website at http://www.collinsind.com.
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Collins Industries, Inc. • 15 Compound Drive • Hutchinson, Kansas 67502-4349
• www.collinsind.com
