Kaehler Announces Early Retirement from Gilbarco Veeder-Root

Gafinowitz is named President for Gilbarco North America

Greensboro, NC - USA - September 12, 2003 - David Kaehler, president of Gilbarco Americas announced today that he plans to take an early retirement. Kaehler will continue to support Gilbarco Veeder-Root in a consulting capacity. Martin Gafinowitz has been named as president of Gilbarco North America. In this role, Gafinowitz will continue to have responsibility for global product strategy.

"David Kaehler has seen the company through a remarkable era of change." said Gary Masse, president and group executive for Gilbarco Veeder-Root worldwide. "He has been instrumental in the deployment of innovative technologies that have helped diversify the company. But his contributions cannot be measured in project achievements alone. His spirit of creativity and cooperation has been a driving cultural force for everyone. I am delighted that he has agreed to offer his continued support."

"I will always value the strong relationships I've enjoyed with the many talented associates, customers and distributors here," said Kaehler. "Together we have seen tremendous change in our industry and worked creatively to develop solutions to business opportunities. It's been my pleasure to be a part of the company's success. I am confident that the company will build upon the people and the technology that have made the company great."

Kaehler joined Gilbarco Inc. in 1985 as fueling systems engineering manager and was later named vice president of engineering. In October 1997, he was named president of Gilbarco Inc. - Americas. Kaehler was a key member of the management team that took the company to a leadership position in retail automation. Today, over 70% of Gilbarco fuel dispensers have automated payment systems for credit and debit, a technology introduced by the company in 1988. In addition, Gilbarco has over 30,000 point of sale systems installed worldwide. Kaehler was a guiding force in the company's focus on customers and technological innovation. Throughout the various transitions, his unwavering support of Gilbarco's strong distributor network and customer service is his legacy.

Contact Us | Danaher Corp | Veeder-Root | Gasboy | Privacy | Legal | Site Map