Griffon names new ceo

JERICHO, N.Y. Griffon, a leading manufacturer and marketer of residential, commercial and industrial garage doors has announced that its board of directors has named Ronald Kramer as ceo, effective April 1. He will succeed Harvey Blau as ceo.

Blau said, "Today's decision is the culmination of a thoughtful and disciplined process, and we are very pleased that Ron Kramer will be Griffon's new ceo. We are confident that he will bring the right mix of strategic insight and operational discipline needed to manage our company in this environment and grow it in the future. I will work closely with Ron to ensure a smooth transition."

Kramer has been a director since 1993 and vice chairman of the board since November 2003. Since 2002, Kramer has served as president and as a director of Wynn Resorts. From 1999 to 2001, he was a managing director at Dresdner Kleinwort Wasserstein, an investment banking firm.