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The selection of Arnott is a result of an exhaustive search which began in March 2009, after the Board of Directors received notification of Lyon's intent to retire at the end of 2010. Arnott joined PTDA in 2006 as director of programs and services and was promoted to her current role in 2008.
"Even though Ann was a qualified candidate, the Board elected to do a full-blown executive search. We wanted to be sure to get the best possible person to lead PTDA going forward," said Keith Nowak, president of the PTDA Board of Directors in 2010 and president of MPT Drives, Inc., Madison Heights, MI. "We are now more confident than ever that we have the right person for the job. Ann's background in finance and experience as well as knowledge of PTDA and its members helped her to excel above the other candidates."
Lyon will serve as a consultant to the association for the first quarter of 2011. Lyon and Arnott have already initiated the transition of EVP responsibilities to ensure continuity and an orderly transition.