Newberg, Ore., Sept. 27, 2019 – A-dec and the Austin Parrish family issue the following statement in response to a legal complaint filed September 26 in Yamhill County Circuit Court by Brett Baker:
On Wednesday, September 25, the Austin Parrish family voted to remove Brett Baker as a member of the A-dec Board of Directors. A-dec and the Austin Parrish family are disappointed that Mr. Baker has responded to this action by filing a legal claim against four shareholder members of the company's founding family. Mr. Baker is no longer a member of the A-dec Board of Directors and his attempt to set up his own board of directors is a gross distortion of the company's legal structure and bylaws, and a hostile grab for power.
A-dec and the Austin Parrish family are steadfast in our commitment to the company's 1,300 employees worldwide, to the Newberg community we've been a part of for 55 years, and to continuing the legacy of our founders as a family owned and operated business. We have total confidence in the effective, longstanding leadership of the company and we will pursue legal action to protect our employees and their families, and to defend the members of the Austin Parrish family who are the stewards of our company's legacy.