Morbark President To Retire
By pdamon08 August 2016
Morbark, LLC, Winn, Mich., announced that its president, James W. Shoemaker Jr., has retired after 13 years with the company.
“My job is complete,” said Shoemaker. “When I became president, I had a mission — to regain market share and increase profitability for Morbark, and then to prepare the company for sale. The team at Morbark reacted splendidly, and we successfully regained market share and enhanced our profitability. My intention all along was, once the company was sold, to retire and let the new management take charge, and that’s what I’m doing.”
Morbark was acquired by Stellex Capital Management in March. Shoemaker started working with Stellex in September 2015 and agreed to stay on as president for a few months to assist with the transition. He also plans to stay involved with Morbark in a consulting capacity.
Shoemaker joined Morbark in 2003 as director of operations before being promoted to vice president of operations, and then was appointed president in 2011.