Aug 30, 2017   SOURCE: BusinessWire

Hardinge Inc. Names B. Christopher DiSantis Chairman of the Board

Hardinge Inc. (NASDAQ:HDNG), a leading international provider of advanced metal-cutting solutions and accessories, today announced that its board of directors has appointed B. Christopher DiSantis as Chairman of the Board effective August 25, 2017. Mitchell I. Quain, who has served as Lead Independent Director for the past nine months, will remain on the board serving as Chairman of the nominating and governance committee and as a member of the compensation committee.

Chuck Dougherty, President and Chief Executive Officer, commented, “Chris brings strong leadership skills and a depth of experience to the Chairmanship, and we are grateful that he has accepted this responsibility. We expect that in this position, Chris will prove quite valuable as we develop our strategy to leverage our global capabilities for growth.”

Commenting on his appointment as Chairman, Chris DiSantis noted, “I am honored to have been selected as chairman by this highly qualified group of directors. I am especially excited given where the Company is in its business cycle combined with the opportunities and potential that we imagine for our future.”

Mr. DiSantis joined the board of Hardinge in July 2016. He is the Chief Executive Officer of Verso Corporation, the leading North American producer of printing papers, specialty papers and pulp. He serves on the nominating and governance committee and the compensation committee.

About Hardinge

Hardinge is a leading global designer and manufacturer of high precision, computer-controlled machine tool solutions developed for critical, hard-to-machine metal parts and of technologically advanced workholding accessories. The Company’s strategy is to leverage its global brand strength to further penetrate global market opportunities where customers will benefit from the technologically advanced, high quality, reliable products Hardinge produces. With approximately two-thirds of its sales outside of North America, Hardinge serves the worldwide metal working market. Hardinge’s machine tool and accessory solutions can also be found in a broad base of industries to include aerospace, agricultural, automotive, construction, consumer products, defense, energy, medical, technology and transportation.

Hardinge applies its engineering design and manufacturing expertise in high performance machining centers, high-end cylindrical and jig grinding machines, SUPER-PRECISION® and precision CNC lathes and technologically advanced workholding accessories. Hardinge has manufacturing operations in China, France, Germany, India, Switzerland, Taiwan, the United Kingdom and the United States.

The Company regularly posts information on its website: www.hardinge.com.

Safe Harbor Statement

This news release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). Such statements are based on management's current expectations that involve risks and uncertainties. Any statements that are not statements of historical fact or that are about future events may be deemed to be forward-looking statements. For example, words such as "may," "will," "should," "estimates," "predicts," "potential," "continue," "strategy," "believes," "anticipates," "plans," "expects," "intends," and similar expressions are intended to identify forward-looking statements. The Company's actual results or outcomes and the timing of certain events may differ significantly from those discussed in any forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.