Jack Raidy Resigns as CEO of W.F. Taylor, Daniel Pelton Tapped

Fontana, CA, May 10, 2016—Jack Raidy has resigned as chief executive officer of W.F. Taylor after leading the company for more than two decades, during which Taylor demonstrated continuous growth and market leadership in developing innovative adhesive products for the floorcovering industry.

The Board also announced it has named Daniel A. Pelton as the new CEO, effective immediately.

Raidy will continue to serve as a member of the board.

Pelton joined W.F. Taylor in 2015 as its chief operating officer where he was responsible for overseeing the daily operations of the company as he transitioned from his role as an operating executive with Dominus Capital. Prior to joining Dominus Capital, Pelton held various global executive and senior management positions with KordsaGlobal, a $1 billion global company that is the world's leading manufacturer of reinforcement technologies (industrial nylon, polyester yarn, tire cord fabric and single end cord production).