Hardinge Appoints New Director to Board
Ryan Levenson is the principal and portfolio manager of Privet Fund Management.
Posted: November 5, 2016
The board of directors of Hardinge Inc. (Elmira, NY), a leading international provider of advanced metal cutting solutions and accessories, has announced they have appointed Ryan Levenson of Privet Fund Management LLC (Atlanta, GA), to serve as a director. Privet Fund Management currently owns 9.7 percent of the company’s common stock outstanding.
“On behalf of the board, we welcome Ryan to the board and look forward to his contributions to our strategy to grow the company both organically and through acquisitions,” said Richard L. Simons, the president and chief executive officer of Hardinge. “We believe his experience will complement the wealth of knowledge our board represents.”
Levenson is currently the principal and portfolio manager of Privet Fund Management and serves as a director of Frequency Electronics, Inc. (Mitchel Field, NY) and Cicero, Inc. (Cary, NC). Previously, he served as a director of RELM Wireless, Inc. (Melbourne, FL), where he served as a member of the audit committee. He was also a director and member of the compensation, organization and corporate governance committee of Material Sciences Corporation (Canton, MI) from May 2013 until its sale in March 2014. Levenson served as a member of the board of directors and compensation and audit committees of The Middleby Corporation (Elgin, IL) from May 2006 until November 2012.
Prior to founding Privet Fund Management in February 2007, he served as the vice president of business development at MSI (Oconomowoc, WI) a privately held building products distributor and construction services company, from 2003 until 2006. Before his service with MSI, he served as a financial analyst for Cramer Rosenthal McGlynn LLC’s (New York, NY) long/short equity hedge fund after working at SAC Capital Advisors LLC (Stamford, CT) in a similar capacity.
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