VALPARAISO | Urschel Laboratories Inc. announced Friday the promotion of Rick Urschel by the board of directors from vice president of operations to president/CEO effective immediately.
Bob Urschel, president/CEO for the past 30 years, will remain actively involved with the company as chairman of the board.
“As I pass the leadership of the company on to Rick, I am fully confident in his abilities as the new president and CEO of Urschel Laboratories,” Bob Urschel said in a written statement.
Rick Urschel, fourth generation of the Urschel family, started working at Urschel in 1991.
Urschel Laboratories is a family-run company that manufactures food cutting equipment. Currently based in Valparaiso, the company recently acquired about 160 acres of land in Chesterton and is in the process of constructing what will become its new manufacturing and global headquarters.