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Kadant Appoints Erin L. Russell as New Independent Director

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Kadant Inc. today announced that Erin L. Russell has been appointed to the Company’s board of directors, effective January 1, 2019. Ms. Russell, whose term will begin on January 1, 2019, was appointed to the class of directors the term for which expires at Kadant’s 2021 annual meeting of stockholders.

Ms. Russell joins Kadant’s board with 16 years of experience as a private equity investor. She most recently served as a Principal at Vestar Capital Partners, L.P., a middle-market private equity firm that specializes in management buyouts, recapitalizations and growth equity investments. Ms. Russell served for ten years on the board of directors of DynaVox Inc., a then-publicly traded communications device manufacturer, including as the chair of its audit committee. She also served on the boards of directors of several private companies as a representative of Vestar.

Before joining Vestar, Ms. Russell attended Harvard Business School, and prior to business school, she was a mergers and acquisitions analyst at PaineWebber.

“I am excited to welcome Erin as a director,” said William Rainville, chairman of the board of directors. “She brings to the board a strategic business mindset and a strong understanding of operational challenges and opportunities across companies in a variety of industries through her private equity and mergers and acquisitions experience.”

“It is an honor to be appointed to Kadant’s board,” said Ms. Russell. “I look forward to working with the board and management as the Company continues to grow and expand its offerings.”

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