Thomas Barnes To Retire From Employment With Barnes Group - Quick Facts

(RTTNews) - Aerospace and industrial manufacturer Barnes Group, Inc. (B) announced the pending retirement of Thomas Barnes as an employee of the 157 year-old company. Barnes' official retirement date is December 31, 2014. Following his retirement, and at the request of the board of the company, Barnes would continue to serve as Board Chairman and as Chairman of the company's charitable foundation.

Thomas Barnes represents the fifth generation of Barnes family members to have been actively employed by the Company. Barnes' great, great grandfather, Wallace Barnes, founded the Company in Bristol, CT in 1857, and his father, Wallace (Wally) Barnes, served as the company's President and COO from 1964 to 1977, its Chairman of the Board and CEO from 1977 to 1991, and its Chairman of the Board from 1991 to 1995.

Barnes started his career with Barnes Group in 1973 as an Industrial Product Planner for Bowman, a distribution business of Barnes Group, and subsequently held increasing roles of responsibility with Bowman, including Market Research Analyst, and Manager of Market Research, before leaving the Company in 1976 to pursue other business opportunities. Barnes returned to Barnes Group in 1993 in the role of Senior Vice President, Administration, and was first named to the executive Chairman of the Board position in 1995.