Intek Plastics promotes two to lead company
The Intek Plastics board of directors has appointed Mike Kinning as president and Steve Glienke as chief operating officer.
Bringing a balance of company, industry and operational expertise to their roles, the two will serve as co-leaders of the company effective immediately. The company has its headquarters in Hastings.
"I am confident that co-leadership of the company will serve customers and the company well because Mike and Steve's skills complement each other perfectly and they work seamlessly together," said John Penn, chairman of the board and acting CEO. "I have never seen two senior leaders work together as well as they do. That's why I recommended this co-leadership model to the board."
Kinning started at Intek in 1991 as a sales engineer, and went on to serve the company as business manager, manufacturing manager, and vice president of sales and marketing. In 2009, he was named vice president and general manager. He has a bachelor's degree in business management from the University of Minnesota, and holds certificates for lean manufacturing and lean leadership from the University of Kentucky as well as a product management certificate from the University of Wisconsin.
"Steve and I are excited about the opportunity to lead Intek and are very optimistic the company is well positioned to capitalize on improving economic conditions," Kinning said. "We look forward to working closely with our valued customers, suppliers and employees as we continue to provide the highest quality products at the lowest total cost."
Glienke, a CPA, joined Intek in 2003 as a controller and became the company's chief financial officer in September 2004. Prior to joining Intek, he was the controller and logistics manager for Satellite Industries, Inc., and the general manager of a local construction supply company. His plastics background includes blown-sheet film, blow molding, thermo forming and roto molding. He has also led numerous lean accounting workshops in the Twin Cities area. He has a bachelor's degree in business administration from the University of South Dakota.
"During the past several months, we've focused extensively on reducing overhead costs and improving operational efficiencies to better position the company for the future," Glienke said. "Our dedicated employees are committed to continuous improvement and have sustained excellent quality and service during these difficult economic times."
Penn will vacate his role as CEO and continue to serve as chairman of the board for Intek.
Intek Plastics is a privately held company that engineers, extrudes and fabricates custom plastic extrusions for medium-to-large OEMs requiring unique, high-performance solutions.
Founded in 1961, Intek is headquartered in Hastings, and also has a location in Hawthorne, N.J.