Walter Appoints New Managing Director for Walter U.S.

Walter, a cutting tool manufacturer, has announced the appointment of Dan Shelton as Managing Director U.S. The announcement was made by Muff Tanriverdi, President World West Region, which includes the U.S.

In his position, Shelton will be responsible for leading and managing the sales performance of Walter U.S., including responsibility for financial planning, target setting, negotiating group agreements and management of stakeholder relations that ensure achievement of the overall company strategy. He will report directly to Tanriverdi.

Previously Shelton was Sales Director for Sandvik Hyperion, and prior to that had worked for more than 10 years within Sandvik Machining Solutions.

Tanriverdi said, "Dan brings extensive experience in sales, metalworking and leadership to this position. He will be a valuable asset to Walter, working closely with our sales and marketing team to demonstrate the value of Walter Kompetenz in the marketplace."

Shelton added, "I look forward to the challenges of taking an admired and significant brand like Walter to new heights and success. The company has always had a strong focus on core values, customer relations and product innovation. We will continue to reinforce that to industry."

For more information contact:

Walter USA, LLC

N22 W23855 Ridgeview Pkwy. West

Waukesha, WI 53188

800-945-5554

www.walter-tools.com/us