JBT Corporation Announces Implementation of Management Succession Plan; Names Tom Giacomini Chief Executive Officer Effective September 9, 2013
JBT Corporation Announces Implementation of Management Succession Plan; Names Tom Giacomini Chief Executive Officer Effective September 9, 2013 | CFOs in Technology
Announces Implementation of Management Succession Plan; Names Tom Giacomini
Chief Executive Officer Effective September 9, 2013
Tom Giacomini, currently President and Chief Executive Officer of Dover Engineered Systems at Dover Corporation, will become Chief Executive Officer, President, and a member of the Board of Directors of JBT Corporation, effective September 9, 2013.
Tom Giacomini, 48, has over 20 years of experience in industrial manufacturing.
He has held a variety of senior leadership positions at Dover Corporation and Warn Industries, Inc., and most recently led a diversified portfolio of 14 industrial businesses with annual sales in excess of $3.5 billion and operations in the U.S., Europe, China, Brazil and India.
Mr. Giacomini has demonstrated success in leading innovative, customer-focused technology initiatives, driving strong recurring sales, overseeing strategic expansion in emerging markets, and delivering significant margin expansion.
also has a proven track record of achieving above market growth through value creating acquisitions in the U.S., Europe and China.
We could not be more pleased that Tom has agreed to join our company as CEO.
is an extremely talented executive with a proven track record across a range of global industrial business segments for Dover Corporation
, where he
achieved outstanding results.
is the ideal person to succeed me as CEO and I look forward to working with him to accelerate our progress on our 4G strategic initiatives and ensure that JBT Corporation
continues to thrive in the global marketplace."
commented, "JBT Corporation
is an admired industry leader with strong technology and market positions, a large installed base, global reach and excellent growth prospects.
Ron Mambu said, "I look forward to working with Tom
to identify and ensure a smooth transition of financial leadership at JBT Corporation
We are grateful for Ron's willingness to work alongside Tom
to identify and retain a CFO successor."
Tom Giacomini Biography
Prior to serving as President and Chief Executive Officer of Dover Engineered Systems at Dover Corporation, Tom Giacomini served as President and Chief Executive Officer of Dover Industrial Products and President of Dover's Material Handling Platform.
Mr. Giacomini joined Dover Corporation in 2003 following its acquisition of Warn Industries, an industrial manufacturer specializing in vehicle performance enhancing equipment.
During his tenure at Warn Industries, he served in a variety of leadership roles including President and Chief Operating Officer.
Prior to joining Warn Industries, Mr. Giacomini worked at TRW, Inc.
Mr. Giacomini holds an MBA from Northwestern University's Kellogg School of Management and a Bachelor's degree in Mechanical Engineering from University of Michigan (Dearborn).