Press Room
 

PRESS RELEASE

February 2007

FOR IMMEDIATE RELEASE
Contact: Stephen Sprole
Tel 781-826-5131
Fax 781-826-7336
e-mail: sales@ritchienavigation.com

JONATHAN SHERMAN NAMED PRESIDENT OF RITCHIE NAVIGATION

PEMBROKE, Mass. (February 8, 2007) – Ritchie Navigation, a leader in marine compass manufacturing for over 150 years, has announced the promotion of Jonathan Sherman to the position of President and CEO. Sherman was formerly the Sales and Production Coordinator for the brand, and will replace Paul Sherman, who has stepped down, but will retain his position as treasurer of the corporation.

Sherman, 32, joined the company in 1998 in sales under the direction of Steve Sprole, V.P. of Sales and Marketing, whom he will continue to work alongside.

“Jon has contributed to numerous product developments and manufacturing initiatives during his time here,” said Sprole. “Together, we’ll ensure a smooth transition and continue the success we’ve achieved under prior management.”

Sherman is a graduate of Bentley College with a B.S. in Finance. He is an avid boater, fisherman and snow skier, and resides in Pembroke, Mass.

Ritchie Navigation began in 1850, when physicist Edward S. Ritchie began developing the first U.S. manufactured marine compass. Ritchie Navigation holds U.S. and worldwide patents ranging from 1860 to the present day. The company is located at 243 Oak St., Pembroke, MA 02359. Tel. 781 826 5131, email sales@ritchienavigation.com. For more information, log onto www.ritchienavigation.com.

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