Roland S. Boreham, Jr., CEO of Baldor Electric Company from 1978 to 1981 and Chairman from 1981 through 2004, passed away on Sunday, February 5, 2006.Mr. Boreham began his career with Baldor in 1947, working for his father, who was a Baldor grinder representative in Los Angeles. He moved to Fort Smith, Arkansas, Baldor's Corporate Headquarters, in 1961, and became Vice President of Sales in 1962. He was instrumental in developing Baldor's network of District Offices and Warehouses, which is still in effect today.He was an extremely benevolent person, giving to many charities anonymously. He believed strongly in the value of education and gave substantially to many educational institutions, including the University of the Ozarks and the University of Arkansas at Fort Smith.