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Published on: 11/14/2008
Last Visited: 12/13/2008
Masterplan Announces Appointment of Gerald Bowe as Chief Executive Officer
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MASTERPLAN ANNOUNCES APPOINTMENT OF GERALD BOWE
AS CHIEF EXECUTIVE OFFICER
Chatsworth, CA - November 14, 2008 - Masterplan today announced that Gerald Bowe will become its Chief Executive Officer effective November 14, 2008.
He will follow David Winn who served as the Company's Chief Executive Officer for the past two years.
In his new role, Gerald "Jerry" Bowe will be responsible for the management and operation of the company and its affiliates.
He will report directly to the Board of Directors.
Most recently, Jerry served as interim president of Masterplan's sister company, ReMedPar, a leading provider of diagnostic and biomedical parts.
"Jerry Bowe is a recognized and respected business leader with extensive experience leading companies in both the corporate and private sector," said Chris Hadley, Managing Director of Berkshire Partners, majority shareholder of Masterplan.
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As CEO, Jerry is well equipped to lead the Company through its next phase of growth."
Prior to ReMedPar, Jerry was CEO and Chairman of Avery Weigh-Tronix (AWT), a UK manufacturer of electronic weighing components and systems and a former Berkshire Partners portfolio company.
During his five years as CEO of AWT, Jerry steered the organization through a strategic restructuring and positioned the company for consistent long term stability and customer support.
Prior to AWT, Jerry was Chief Operating Officer of Malden Mills Industries, a manufacturer of fleece for the outdoor clothing industry.
Jerry joined Malden Mills after its acquisition of Goerlitz Fleece GmbH, a manufacturing company that Jerry founded in 1994.