David Herr.

Morbark, a leading manufacturer of equipment used in forestry, recycling, tree care, landscaping, sawmill and biomass markets, announced today the appointment of David Herr as Chief Executive Officer. In addition to being an active member of the current Morbark Board, he brings extensive knowledge from experience with both products and services companies. He replaces Dan Ruskin, who resigned due to health issues.

“The Board is thankful for Dan's leadership over the past six months as the Company has transitioned to the next phase in its development,” said Ray Whiteman, Chairman of the Board. “Our thoughts are with Dan and his family, and we wish him a speedy recovery.”

“Morbark is fortunate to have a strong and deep leadership team and Board, and we are pleased that David Herr has agreed to step into the CEO role,” Whiteman added. “We have known Dave for many years and have been impressed by his track record of building high-performing leadership teams that drive growth while respecting core values. The Board is excited about the Company's strategic direction and commitment to supporting its current and growing customer base, partners and employees.”

Ruskin said, “It has been an enormous privilege to have led Morbark during this period of important change and growth. I remain confident that Dave and the team will continue to execute Morbark's strategy and that the Company will enjoy continued success in the future.”

Herr is an accomplished industry executive with more than 30 years of relevant experience in operations, supply chain management and executive management with major companies, including Navistar, GE Aircraft Engines and BAE Systems. He has diverse business experience in the areas of heavy-duty truck manufacturing, commercial avionics, commercial ship repair, munitions production, and information and intelligence analysis. In his most recent role as executive vice president at BAE Systems, he was responsible for one of the largest government service sectors in the U.S. with over 19,000 employees. He also currently serves as a Board Member for MHI Holdings, a ship repair contractor for the U.S. Navy.

He earned a Bachelor of Arts degree in Business Administration from St. Francis College, in Fort Wayne, Ind., and Master of Business Administration degree from Northern Kentucky University. He has generously donated his time to numerous charitable organizations and will be relocating from Ft. Wayne, Ind., to Winn, Mich., in the near future.

“Morbark has built a great reputation with its customers and partners. I look forward to moving from a Board position to leverage my operational experience to further grow the Morbark franchise,” said Herr.

For more information, please visit www.morbark.com.

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