PAYSON, Utah, May 8, 2012 /PRNewswire/ -- Liberty Safe and Security Products, Inc. ("Liberty" or the "Company") today announced the promotions of Kim Waddoups and Steve Allred to new executive positions, effective immediately.
Jeff Talley, Chief Executive Officer of Liberty, commented, "We are pleased to strengthen our executive management team with the promotions of Kim Waddoups and Steve Allred. Each has made numerous contributions over the years to the growth of our Company, demonstrating exceptional leadership and an unwavering commitment to Liberty along the way. By expanding the strategic roles of these two highly talented professionals, we expect to realize significant benefits as we remain focused on strengthening Liberty's leading industry brand for premium home and gun safes."
Mr. Waddoups has been named President of Liberty, where he will be responsible for achieving the Company's sales and marketing objectives. Mr. Waddoups joined Liberty in 2003 as Chief Financial Officer. During his nine-year tenure as CFO, he led numerous operational and financial reporting initiatives that increased the Company's profitability and enhanced capital efficiency. Previously, he served 14 years in various senior-level positions at Easton Technical Products, a sports equipment manufacturer and division of Jas D. Easton, Inc.
Mr. Allred was appointed Senior Vice President and Chief Operations Officer. Mr. Allred joined Liberty in 1994 as Operations Manager and was promoted to Vice President of Operations in 2007. In his new capacity, he will manage the development and implementation of advanced manufacturing processes aimed at increasing the Company's production capabilities. Prior to Liberty, Mr. Allred worked for eight years as the Manager of Operations and Programs for Teleflex Defense Systems, a division of Teleflex, Inc.
Mr. Waddoups stated, "It is an honor to work with a great management and ownership team that has maintained a steadfast approach to financially growing our Company. I am also proud to be a part of an incredible workforce dedicated to manufacturing high-quality products right here in the USA. This is an exciting time at Liberty. We continue to execute our strategy aimed at supporting and expanding our diverse group of accounts, and remain committed to delivering a valuable, comprehensive solution that surpasses our customers' expectations."
Mr. Allred commented, "Liberty's industry leadership and attractive growth prospects provide for a bright future.