Swagelok Company Announces Changes to Board of Directors
Solon, Ohio (October 24, 2022) — Swagelok Company announced the retirement of James C. Boland and the election of Kenneth G. Hochman to its board of directors.
Boland was elected as one of the board’s first independent directors in 2004. As a member of the board for 18 years, Boland oversaw many successful transformational changes to the company’s global footprint and operations. He also provided oversight to develop the structure and controls that continue to drive the company’s global expansion.
“Jim’s valuable perspective and sound advice have guided Swagelok for many years. I feel fortunate to have had the opportunity to work closely with him and thank him for his lasting impact on Swagelok, its associates, and their families,” said Thomas F. Lozick, Swagelok Company Chairman and Chief Executive Officer.
Hochman will succeed Boland on the board of directors. After a 39-year career with Jones Day, Hochman retired in 2011 as the former Cleveland Office Administrative Partner and longtime firmwide Chair of its Wealth Management Practice. Since retirement, he works as a consultant in estate planning and asset management, advising families, family offices, and foundations. He has advised the Lozick Family for almost 25 years and serves on many other private and non-profit boards.
“On behalf of the board of directors and the entire company, I thank Jim for his long-standing commitment to Swagelok and welcome Ken to the board,” said Lozick.
Swagelok Company is a $2 billion privately held developer of fluid system products, assemblies, and services for the oil and gas, chemical and petrochemical, semiconductor, and transportation industries. Headquartered in Solon, Ohio, U.S.A., Swagelok serves customers through approximately 200 sales and service centers in 70 countries, supported by the expertise of more than 5,700 associates at 20 manufacturing facilities and five global technology centers.