Kryptonite, a brand in Ingersoll-Rand's Security and Safety Americas Sector, portable security business unit,
has announced that Steve Down has been appointed to "launch a dramatic growth initiative for the Kryptonite business unit."
"Kryptonite is an exciting business with a great history that I intend to build upon to drive the core business forward as well as expand into additional vertical markets worldwide to drive long-term growth for the
company," said Down.
As Director, Business Development, Portable Security, Down will oversee the Kryptonite teams based both in Massachusetts and Indiana. He will be responsible for expanding Portable Security on a worldwide basis.
Kryptonite started as a bike lock brand but, since its acquisation by Ingersoll Rand in 2001, has rapidly spread into other areas of the lock biz, including pinning down PCs
Prior to Ingersoll-Rand, Down was, for eight years, the general manager of UK operations for CISA, an electronic
locks, safes, padlocks and cylinders manufacturer. CISA is now part of the Ingersoll-Rand group of companies.