SOUTHAMPTON, Pa.—Rubber and plastic tube and hose maker NewAge Industries Inc. has two new board members.
Both Jim Henderson and Andreas Georghiou join current board members Cecil Ursprung and Pat Sacco at the Southampton-based manufacturer.
"Our challenge is to meet the demands of our diverse customer base in a global economy," CEO Ken Baker said in a statement. "We've been experiencing tremendous growth, but we need to develop carefully and with smart planning. I'm confident that our new board members will help lead the way with their vision and strategies."
NewAge became 100-percent employee owned last year. The company called it "the culmination of a plan that had been in the works for over 15 years."
Henderson previously has served on company boards and is a senior transformation executive for Infinera Corp. of Sunnyvale, Calif.
Georghiou previously served as CEO of a network service and equipment provider. He consults with companies on reorganization and strategic planning.
"Cecil and Pat have been on the Board for a few years now and have helped Jim and Andreas quickly get up to speed with our ideas and plans," Baker said in the statement. "Business is going very well, but we have to look forward and invest. We can't just reap the profits and sit back and watch—that kills companies. The businesses that plan strategically are the ones that continue to prosper and succeed."