ProSteel makes management changes

ProSteel Security Products Inc., a Provo-based manufacturer of safes and security products for hunting enthusiasts and other applications, has announced two management appointments. Kim Waddoups, formerly the company’s chief financial officer, has been named CEO and Rick Stepp, former vice president of operations, is the new chief operating officer. The appointments became effective Jan. 17. Clay Linford, ProSteel’s long-tenured CEO, will remain a member of the board of directors following his retirement on May 25

Prior to joining ProSteel in 2020, Waddoups held the positions of chief financial officer, CEO and board member of Liberty Safe & Security Products in Payson. Stepp joined ProSteel in November 2000 and has been instrumental in the engineering and product development advances that the company has made.

“We are incredibly thankful for Clay Linford’s leadership over the past 18 years as he has tirelessly done the big and small things needed to advance the quality and presence of Browning ProSteel safes across several channels,” said Dan Kipp, ProSteel’s lead board member and managing partner of City Capital Ventures, a Chicago-based investment firm that owns ProSteel. “Equally, we are excited to welcome Kim as our next CEO and Rick as COO. During this time of ever-shifting sands in the hunting safety industry, we are fortunate there is no better team to lead ProSteel during its next chapter of growth and development than Kim and Rick.”

“For almost 40 years, the Browning ProSteel name has been synonymous with best-in-class gun safes,” said Waddoups. “I am excited to lead the company into its next phase of growth and innovation while building upon its core values and reputation for leadership in the security arena.”