Carron Net Co., a manufacturer of nets used for volleyball, basketball, tennis, soccer and other sports, announced that the fourth generation of the founding family will acquire president William E. Kiel, Sr.'s ownership in the company. Acquiring Kiel's stake will be his son, William E. Kiel, Jr., and son-in-law, Troy Christiansen. Both have been active in the company operations since October 2000 and are currently Officers and Directors of the company. 
 
As of the transaction date, William E. Kiel, Jr. will take over as President and Chief Executive Officer of the company and Troy Christiansen will act as Executive Vice President and Chief Financial Officer.  William E. Kiel, Sr. will remain a Director of the company and hold the position as Chairman of the Board. Carron is based in Two Rivers, WI.
 
This change in ownership follows Kiel Sr.'s acquisition of complete ownership of the company in 2000 from Donald J. Schweiger, Eugene H. Carron, Jr. and Paul N. Carron.
 
Commenting upon this transition, Kiel Sr. said, “Not only have these past seven years been successful for the company, but have been a delightful opportunity for me to work closely with my son and son-in-law as they have continued to develop leadership positions in the company.  Bill and Troy bring innovative ideas, broad market knowledge and a strong technical understanding of our industry that will ensure the company's continued success.  They have been especially instrumental in the past few years as our markets and product lines have changed and information systems within the company have evolved.” 


“From our perspective, these past seven years have been a wonderful opportunity to learn from my father.  Troy and I will always be grateful for that,” added Kiel Jr.  “We wish him the very best in his retirement, as we look forward to the chance to continue this business for yet another generation.” 


Kiel, Sr. concluded, “2007 was a very favorable year for Carron Net Company, even in the face of greater international competition and domestic instability, we were able to continue to thrive here in Two Rivers and preserve staffing levels as they’ve been for the past few years.  We're grateful to our dedicated employees with whom we've enjoyed a favorable relationship for many years.”