Extrusion technology supplier Gloucester Engineering Co. has named Mark Steele as its CEO, hiring the 20-year veteran of various manufacturing firms away from Turbonetics Inc. (Simi Valley, CA) to replace John Sharood. Prior to Turbonetics, which makes turbochargers, pressure control devices, and heat exchangers, Steele served as the CEO of several private equity-backed manufacturing and distribution companies, including Jakel Inc.; an engineering design and manufacturing firm of motors and blowers; and Eurodesign Cabinets Inc., a supplier of semi-custom cabinetry. Steele also previously served as VP and general manager for Kennametal Inc.
Steele earned an engineering degree from the University of Pittsburgh and holds an MS/MBA from Carnegie Mellon University. A Gloucester Engineering spokesperson told PlasticsToday that the company found Steele through the executive headhunting firm, Heidrick & Struggles. Steele starts in his new role immediately....