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Around the Industry - Dec 21, 2012
Harvest Partners (New York):Steve Riordan, former CEO of Communications Supply Corp. (CSC), Carol Stream, Ill., has joined the firm to target investments in North American distribution companies. As CSC’s CEO, Riordan and his management team grew the business organically and through several acquisitions into a national VDV distributor, and then sold the business to WESCO in November 2006 for $525 million. CSC had been acquired by Harvest and Riordan in May 2004. Riordan also held senior positions at Chicago-based EESCO Inc., which WESCO purchased in the 1990s. During his 35-year career in the distribution industry, Riordan helped execute and integrate more than 35 add-on acquisitions.
Williams Supply (Roanoke, Va.):Kelly Phlegar has been named corporate director, finance and human resources; Mark Cole has been named corporate director, purchasing and logistics; and Ed Hankins has been named vice president of sales. Phlegar will manage accounts payable and accounts receivable, budgeting and forecasts and all human resource functions. Cole will act as a primary contact with suppliers and will manage the purchasing, inventory and distribution operations as well as company safety and security programs. Hankins will be responsible for all industrial, commercial and contractor sales and will act as the company’s liaison to customers and to industry organizations.
Siemens (New York):Daryl Dulaney is now president and CEO of the newly-formed Siemens Industry, Inc. — the U.S. affiliate of Siemens’ global Industry sector business. Effective Oct. 1, Siemens Energy & Automation Inc., Siemens Transportation Systems, Inc., Siemens Building Technologies, Inc. and Siemens VAI Services, LLC merged, and the resulting corporation will be renamed Siemens Industry Inc. Since 2007, Siemens has been globally aligning its businesses into three sectors: Healthcare, Energy and Industry. With more than 30,000 employees in 480 locations across the country, Siemens Industry will consist of six divisions including Industry Solutions, Industry Automation, Drive Technologies, Building Technologies, Mobility and Osram Sylvania. Dulaney joined Siemens as a sales engineer in 1979, holding several key managerial positions, ranging from joint venture management in Hong Kong to senior vice president of field operations, North America, before being appointed president and CEO of Siemens Building Technologies in 2005.
Allied Wire & Cable (Collegeville, Pa.):Debbie DeBoweas has joined the company as an outside sales representative for the Mid-Atlantic and surrounding regions. She has 23 years in the electronics industry.
Halco Lighting Technologies (Norcross, Ga.):Kristoff Byrd has joined the company as product analyst. He recently earned a MBA in finance from the Terry College of Business at the University of Georgia.