Eriez' succession strategy achieved

Published
February 16, 2024 - 07:30am
Kohmuench

Eriez, a global leader in separation technologies, appointed Jaisen Kohmuench as president and CEO, effective January 1, 2024. He succeeded Lukas Guenthardt, who retired from those posts at the end of 2023.
 
The company said that the appointment is the culmination of a carefully planned succession strategy, with Kohmuench working closely alongside Guenthardt and the Eriez board of directors to ensure a seamless transition of responsibilities.

Richard Merwin, chairman of the board, conveyed his appreciation for the outgoing president and CEO, stating,

"Lukas has played a pivotal role in driving the company’s transformative growth, fostering innovation, and achieving remarkable success during his tenure. Under his visionary leadership, Eriez achieved record revenues and strengthened its global market presence.”

After a comprehensive selection process that considered both internal and external candidates, Kohmuench emerged as the clear choice to succeed Guenthardt, according to Merwin. With more than two decades of service to Eriez, Kohmuench has held various executive-level roles within the organization, most recently as chief operating officer.

Eriez-Daryl-Leach
Top: Jaisen Kohmuench. Above: Daryl Leach.

The announcement came several weeks after the company named Daryl Leach as its chief financial officer (CFO) and treasurer.

Before joining Eriez, Leach reportedly played a pivotal role in driving financial excellence and strategic growth at Zeus Industrial Products in Lexington, South Carolina. His career, the company said, has encompassed a variety of growth-oriented finance roles across diverse sectors, including consumer goods, medical devices, and industrial manufacturing, both in publicly traded and privately held companies. 

Leach holds a Bachelor of Science degree in finance and economics from Charleston Southern University and a Master of Business Administration from the Ross School of Business at the University of Michigan.

INDUSTRY NEWS

11/21/2024
Shipments of cutting tools, according to the Cutting Tool Market Report compiled in a collaboration between AMT - The Association For Manufacturing Technology and the U.S. Cutting Tool Institute (…

11/20/2024
Students in Itawamba Community College’s Precision Machining Technology program have a new toolbox, courtesy of a $20,000 grant by the Gene Haas Foundation.

11/19/2024
Flex Machine Tools, an American manufacturer and provider of machine tool solutions worldwide for metal fabrication operations, will host an Open House Event at Flex headquarters in Wapakoneta, Ohio…