Brief: Schmitt Industries says CEO James Fitzhenry resigned
11/01/2016 14:27
Jan 11 (Reuters) - Schmitt Industries Inc SMIT.O : * Schmitt Industries says James Fitzhenry, president and CEO of Schmitt, tendered his resignation * Says fitzhenry will retain his position as a director of the company * Appointed David Hudson as its interim president and chief executive officer * Made decision to reduce salaries of all members of senior management team by 25 pct, retroactive to January 1, 2016 * Source text for Eikon ID:nEOL8ZR3G4 * Further company coverage SMIT.O ((Bengaluru Newsroom; +1 646 223 8780))
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