BOFA International Founder Steps Aside; Company Sold in Management Buyout

POOLE, England—The founder, chairman, director, and CEO of BOFA International, an England-based manufacturer of fume extraction equipment and technology, has stepped down from the company after 30 years. Dave Cornell announces that he and his two sons, Chris and Lawrence, will no longer serve as directors of the company and that it has been sold to Lloyds Bank of England.

While Dave and son Lawrence are completely stepping away to pursue other activities, son Chris will stay on to help with the transition and operation of the manufacturing company.

John Podwojski, operations director, president and general manager of Staunton, Illinois-based BOFA Americas, issued a statement assuring current customers that the changes in no way affect the company’s operations.

“We at BOFA Americas want to take the time to thank you, our existing customers, for your continued business and support over the past seven years and we are looking forward to the future,” he wrote. The statement was signed by the entire 14-member BOFA Americas team.

Podwojski continues to serve as one of the directors of BOFA International. He said in an email that he wishes the Cornells well.

“It was a pleasure to work for and with them over the past 7 years,” Podwojski says. “We wish them the very best in their next endeavors.”

BOFA’s machines are manufactured in England, where the company was founded. BOFA Americas, which actually serves clientele across a huge part of the globe, recently added 4,000 new square feet of space to bring its facility in Staunton to 25,000 square feet.

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