Raefield to lead Mace
By L. Samuel Pfeifle
Updated Thu August 7, 2008
HORSHAM, Pa.--Roughly six weeks after parting ways with former CEO Lou Paolino, the Mace Security International board has appointed security industry veteran Dennis Raefield to the position of chief executive officer and president.
Raefield, who's been a Mace board member since October 2007, will resign his post as president of Reach Systems (formerly Edge Integration) and become a board member at Reach to assume his role at Mace.
He's been president of Ademco and Honeywell Access Systems, and president of Pinkerton Systems Integration. He came out of retirement in late 2007 to lead Reach, a maker of IP access control systems.
Raefield said his immediate goals for Mace when he begins work Aug. 18 are to raise top line revenue and to increase Mace's brand recognition within the electronic security space.
Current interim CEO Gerald LaFlamme will step down from his post and resume his position on the Mace board.
According to an SEC filing, Raefield has been hired for a three-year employment term, after which he will be prohibited from working for a competing company for the term of one year.
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