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SCI Engineered Materials, Inc. Announces New President and 2019 Transition Plan

COLUMBUS, Ohio, Dec. 13, 2018 (GLOBE NEWSWIRE) -- SCI Engineered Materials, Inc. (“SCI”) (SCIA:OTCQB), a global supplier and manufacturer of advanced materials for physical vapor deposition thin film applications which works closely with end users and OEMs to develop innovative, customized solutions, today announced its Board of Directors has elected Jeremy Young as President of SCI Engineered Materials, Inc., effective January 2, 2019.

Mr. Young will succeed Daniel Rooney, 64, who announced his retirement plans in May 2018.  Mr. Rooney will be working closely with Mr. Young throughout the transition period which is expected to continue through approximately mid-year 2019.  Upon Mr. Rooney’s retirement, Mr. Young will also become the Company’s Chief Executive Officer.

Jeremy Young, 40, has served as Vice President-Operations of SCI since June 2016 and during this period he also led implementation of the Company’s sales and marketing strategy.  From December 2013 to June 2016, he was Operations Manager for the Company after serving as SCI’s Production Manager from March 2006 to December 2013.  During 2004 and 2005, Mr. Young held Quality and Production management positions with Accel, Inc.  He originally joined SCI as Process Chemist in August 2002 and continued in that position until September 2004.  Mr. Young worked at Worthington Industries from August 1998 to August 2002.  He earned a Bachelor of Science in Chemistry from Otterbein University and an MBA from Ohio University.

During the past six months a committee of the Board of Directors conducted a search for Mr. Rooney’s successor.  Upon approval of the committee’s recommendation, the Board of Directors stated, “We are pleased to announce Jeremy Young’s election as President of SCI following a thorough review of internal and external candidates.  He has contributed to SCI achieving its growth strategy including operational management, market strategy and product management, and helping the Company realize unprecedented financial growth.  We look forward to a smooth management transition during the next several months and also want to thank Dan Rooney for his successful leadership of SCI over the past 16 years.”

About SCI Engineered Materials, Inc.

SCI Engineered Materials is a global supplier and manufacturer of advanced materials for PVD thin film applications that works closely with end user and OEMs to develop innovative, customized solutions.  Additional information is available at  www.sciengineeredmaterials.com or follow SCI Engineered Materials, Inc. at:

https://www.linkedin.com/company/sci-engineered-materials.-inc
https://www.facebook.com/sciengineeredmaterials/
https://plus.google.com/107052645863884937012

Contact:
Robert Lentz                                                   
(614) 876-2000