Past roles: Began her career at Unilever before moving to Lloyds Bank. Dans North American Automotive and General Industrial (AGI) business now reports to Tom Gibbons. Roger Joneshas a passion for heat treating that is in his blood. Many PE firms do not have a great knowledge of running businesses themselves and they tend to underinvest. Comparatively, employees at Oerlikon rank Roland Fischer in the Top 25% of similar sized companies. Tom is one of three individuals from commercial heat treating giant Bodycote, the other being Mr. Stephen Harris CEO of the company who landed in the #1 position. 1. It is an expensive business to get into and the maintenance costs are astronomic, which is not something the suppliers tend to advertise. It is no surprise to us that the individual voted as the "Most Influential in the North American Heat Treating Industry" is Mr. Stephen Harris, the CEO of commercial heat treating giant Bodycote. This is primarily because of the better results you get for specific applications. We do not buy equipment on a whim. Given the opportunity again I would have still tried to acquire Carolina Commercial, but we would have approached it differently, paying less and going into turnaround mode straight away.. Since 2007the company has grown to almost 60 employees and several readers suggestedthe company as the fastest growing furnace manufacturer in North America. Financed by a group of twelve investors, the company acquired 18 properties from the London Residuary Body, We avoid some technologies. From its inception in 2004, Todd Wenzel has served as President of Throughput Consulting, Inc., an enterprise software consultancy serving the Metal Treating industry. While my job history is varied it would be best described as a general industrial background. On a more personal note very much to his credit he shares a passion for boating, a passion shared at The Monty. Active across the heat treating industry, Hubbard has served as president & board member at ASM International, and has held leadership positions at the Metal Treating Institute and the Center for Heat Treatment Excellence. Up until COVID, Paul could be found travelling the world on behalf of Nitrex and UPC and was always found at every single heat exhibition around the world. Bodycote's key executives include Stephen Harris and 8 others. Based in the USA Geoffrey has been CEO of the Ipsen Group for the past two years which means he oversees the companys operations around the world. Richs responsibilities include sourcing new equipment, evaluating different heat treat technologies and trouble shooting-in other words if there is a heat treating issue at any Linamar facility around the world, Rich is where the buck stops. Past roles Held various senior positions in Imperial Tobacco Group plc followed by Chief Financial Officer positions at Symrise AG, LM Windpower and most recently at Regus plc from 2011 to 2015. Stephen Harris and the Bodycote leadership team are scored a "D" by 10 employees placing it in the Bottom 20% of companies sized 1,001-5,000 Employees. Recently we had the opportunity to interview Mark, an interview which can be found atMark Hemsath, VP Super IQ and Nitriding, SECO/WARWICK | The MontyHe is a prolific writer and has written a number of articles about heat treat technologies including Intelligent Gas Carburizing with Super IQ. There has been a lot of discussionabout who isreplacingDan (and we confess we have fueled some of this speculation). Copyright 2023 | TheMonty.com | All rights reserved, 0 Most Influential People in The North American Heat Treating Industry 2021, We were truly astounded at the number of votes we received for Shlok from areas all around the US and Canada (an interview with Shlok can be found at, Mr. Shlok Sundaresh , Engineering Manager-TS USA (HEF Group-North America) | The Monty. Locations. Profit margins in North America are very respectable when compared to the rest of the world and when you consider that it is estimated that the worldwide captive and commercial heat treating industry is worth $35 Billion USD/year and that $20 Billion of this is in the US, North America is and will remain a crucial area for us. The facilities are better laid out and far safer than they used to be. Nobody in the heat treating industry will argue with me when I say that Bodycote is the only truly global commercial heat treater. Afficher le tlphone Under your watch Bodycote has been flourishing with revenues, profits and share prices all higher. Vctor M. Caldern Cabrera /Caterpillar Inc. Dr. Edward Rolinski / Advanced Heat Treat Corp. Bodycote. Retired from Bunzl plc on 31 December 2018. Recently we had the opportunity to interview Mark, an interview which can be found at. Not only has he been very influential in the North American Heat Treat Industry (since 1981) when it comes to Ion and Gas Nitriding, he is very influential in his approach to servant leadership of his employees. Stephen Harris CEO Bodycote plc Sunbury-on-Thames, England, United Kingdom 438 followers 397 connections Join to connect Bodycote The University of Chicago Booth School of Business Company. Why this focus on the North American market? In addition to Thermal Process Holdings, Mr. Hubbard also serves as Non-Executive Board Member for Cronite Innovative Group, the leading provider of high temperature resistant castings for the heat treating industry. Mr. Stephen Harris, CEO, Bodycote Plc. The majority of the time taken in getting a capital item approved is taken up with the GM and the divisional team doing their homework. Stephen Harris, Bodycote Group Chief Executive, commented, 'We're very pleased to announce the opening of the new facility in Elgin, Illinois. Tom comes from an aerospace background and has had his present position for over 7 years. The company serves automotive, aerospace and defense, energy, and general industrial markets. We would estimate that 80% of heat treating in the world is captive and we dont see this number dramatically changing. Bodycote Regulatory News. Qualifications: Chartered Accountant, Chartered Engineer. Our operating philosophy is to not try to centralize or tell the GMs how to run their businesses from headquarters. Andrew Bassett / Aerospace Testing & Pyrometry, Inc. Jeff McLaughlin / McLaughlin Furnace Group, Kyle Favors / Heat Treating Services Unlimited, Heat Treating furnace professional in Nitriding, Carburizing, Atmosphere processes, Vacuum Carburizing, LPC, and, Surface Engineering and Mark made our list in 2019. Fred Hamizadeh, Director Global Manufacturing Services AAM Heat Treat & Facilities Process. The Carolina Commercial acquisition raised a few eyebrows at the time due to the relatively high sale price. Today we have about 5,700 employees with sales of 728 million compared with over 7,500 employees and sales of 551 million back then., A key focus has been improving operations. Commenting on the transaction, Stephen Harris, Bodycote's group chief executive said: "Ellison's business is one that we have long respected and is a perfect strategic fit for Bodycote's . We give our plants a great deal of autonomy and when an opportunity presents itself to our local managers we will always consider it.. Choose the customers, choose the work.. In June 2002, I started CF Thermal, Inc. to be a premier Technical Sales Rep Firm to promote the leaders in the thermal processing Industry to our customers throughout the southeastern United States.. When Gary started Advanced Heat Treat Corp., in Waterloo, Iowa he had a dream, a dream that he Plasma Nitriding had a substantial place in the north American heat treating industry. Perhaps you could share a few thoughts about the HIP side of things such as whether this is a growing field and whether it overlaps with heat treating. R&D Nitrex Metal. He has been a key member of the team for many years. (solarmfg.com), Vacuum Furnaces for Industrial Heat Treating | Ipsen (ipsenusa.com), Thermal Process Holdings | A Unique Partnership for the Future You Want, American Axle & Manufacturing | Delivering Power (aam.com), FNC brake rotors rust free brakes nanotechnology oil and gas industry corrosion resistance woodworth inc heat treatment (woodworthheattreating.com), Welcome to Cronite Cronite Group Better by design (cronite-group.com), Mark Hemsath, VP Super IQ and Nitriding, SECO/WARWICK | The Monty. External roles: Chair and Non-Executive Director of Global Fashion Group since 2017 and Non-Executive Director of Eutelsat Communications SA since 2019. At Bodycote, Stephen Harris has 13 colleagues including Eva Lindqvist (Director), Ian Duncan (Director) Homonyms. We have always had great heat treaters in the business but we have made great strides in injecting operational skills. Gord, Copyright 2023 | TheMonty.com | All rights reserved, https://themonty.com/project/stephen-harris-bodycote/. Accounts. Fragmentation. Mike Klauck has spent his life in the industry and as President of furnace builder Can-Eng he has had a very decided influence in the industry, especially when it comes to the use of mesh belt lines. In 2017, McLaughlin purchasedVesco a vacuum service company based in East Windsor, Connecticut, thatopened in 1983. Stephen, what can we expect to see from Bodycote over the course of the next year? How does the Bodycote model differ from other commercial heat treaters? In many instances we do not take work that is already being done in-house. When I became CEO of Bodycote it was an extremely difficult time for all heat treaters. If my memory is correct I believe I saw a press release from Bodycote a little while ago mentioning that you had signed a long-term contract with Rolls-Royce which would indicate that the answer is yes. Qualifications: Chartered Accountant, graduated from Bristol University in Economics and Accounting. We have had the privilege of working with Ron for quite some time and can say he is a good man who knows his stuff. He has been a co-author of over 100 papers and presentations on the induction heating technique, co-authored a chapter in the Handbook of Metallurgical Process Design, and two articles in the recently released ASM Handbook Volume 4C. Daniel Bock, co-founder and CEO at Morpheus Space, says, "Through integrating our electric propulsion systems, we are able to provide a network of small, highly efficient thrusters that are also cost effective. Services. Stephen HARRIS volue dans le secteur : Traitement et revtement des mtaux (Code APE 2561Z). More than 25 Years of experience in the instrumentation and maintenance of thermal equipment. This was a typical vote for Aymeric;Id like to nominate Aymeric Goldsteinas of Ipsen for your Top 25 Influencers this year. The first thing we do is then look for unused or underutilised furnaces already in our network. This investment demonstrates Bodycote's continuing commitment to align resources to serve our customers across North America." So again it comes down to having the right process for the customer. Oerlikon Ranks 1st in Product Quality Score. I was approached by Bodycote in 2008 to replace the outgoing CEO, Mr. John Hubbard with whom I have since had a long and enjoyable working relationship. I cant imagine that there is a single heat treating process in the world that Bodycote does not offer. CEO of Linpac Group and Klckner Pentaplast Group from 2015 to 2019 and CEO of Fiberweb plc from 2006 to 2013. Stephen Harris, Bodycote Group Chief Executive, commented, "We are very pleased to announce the opening of another new facility in the USA, this time in Syracuse, New York. Connections. HTSU offers complete services for the industry from Refractory to ISO:IEC 17025:2005 Pyrometry Services and has grown to 5 locations. Bodycote invests $100 million USD in new equipment and technologies every year which is something none of our competitors can say and this is done in a very timely fashion while keeping in mind that as a company we are always looking down the road 20-30 years. Andrew Bassett, President, Aerospace Testing & Pyrometry, Inc. Andrew has more than 25 years of experience in the field of calibrations, temperature uniformity surveys, system accuracy testing, as well an expertise in pressure, humidity, and vacuum measurement calibration. His love of heat treating and pushing the boundaries have lead to Solar Manufacturing offering some of the most advanced vacuum furnaces in the world and Solar Atmospheres being the largest privately owned commercial vacuum heat treater in North America. Obviously the names will change to Bodycote. I still see the largest growth potential as being the United States. Requests for large mesh belts with salt quench somehow never seem to get answered!. Bodycote, which specialises in the heat-treatment of turbine blades and car components, has maintained its full-year dividend in spite of a fall in sales and continued losses. He was recently featured on Heat Treat Podcast speaking with Mr. Carlos Torres of MATTSA. This is a huge industry with many opportunities but it is crucial that the processes and services we are offering our customers are the best fit for both them and Bodycote. If it doesnt it can take a very long time. Jim has been in the industry for over 15 years and has made a real name for himself, especially when it comes to CQI-9 and Nadcap. Originally from France he has enormous knowledge of vacuum carburizing and was instrumental in introducing acetylene to the process. With the largest HIP operational capacity in the world, our continued investment demonstrates Bodycote's commitment to align resources to serve our customers across North America." www.bodycote.com Appointed: November 2008 and Chief Executive from January 2009, Past roles: Spent his early career in engineering with Courtaulds plc and then moved to the USA to join APV Inc from 1984 until 1995, where he held several senior management positions. Last rating was 13 days ago. Results Revenues up 7.1% at constant currency to 615.8m (organic revenues up 5.2%) Headline operating margin at 15.4% (2020: 12.6%) Free cash flow of 105m Care to give us a bit of background about this portion of the business and how it compares to heat treating in terms of revenue? Bodycote har en unik position genom vrt globala ntverk samt vra medarbetares erfarenhet och kunskap. He was appointed to the Board of Powell Duffryn plc as an Executive Director in 1995 and then went on to join Spectris plc as an Executive Director from 2003 to 2008. Vacuum Carburizing, Vacuum, Induction, Batch IQ driven by the customer needs. I was trained as an electrical engineer but along the way I acquired a business degree from a university in the Chicago area. The improved performance is predominantly due to better productivity. The Leadership Score of 60/100 is based on 46 ratings; it combines employee feedback on their CEO (30/100), Manager (69/100), and Executive Team (63/100). However in addition he is also President of MTI (Metal Treating Institute) and serving his second term. Heat treating is in some ways similar who wants to send their parts 200 miles to be heat treated? Carolina Commercial will be wholly under Dan McCurdy. With these 2 large acquisitions under your belt would it be fair to say that you see the future growth of Bodycote to be mainly through acquisitions? External roles: Strategy consultant and since 2008 a global partner in the London office of Bain & Company. Furthermore, we segregate high volume plants from lower volume/high flexibility plants. Gary will try anything if it results in a win/win for AHT and the customer. Interactive Investor. His experience includes companies such as Hinderliter Heat Treat and Bodycote. As the Group Chief Executive and Executive Director of Bodycote Plc, the total compensation of Stephen Harris at Bodycote Plc is GBX2,156,000. We now have 189 facilities around the world having acquired two more this year in Scandinavia and Slovakia., I think it is also fair to say that our growth in the less developed countries of Eastern Europe, Mexico, and China has also helped performance. Woodworth is a family owned business and Terrys sons are taking over more and more of the day to day operations. Both received many, many glowing recommendations from customers and colleagues alike literally from around the world. From 1990 to 1992 he worked for Lloyds Bank plc and then switched to British Nuclear Fuels plc from 1993 to 2006. Stephen Harris, Bodycote Group Chief Executive, commented, "We're very pleased to announce the opening of the new facility in Elgin, Illinois. Stephen Harris Group Chief Executive Dominique Yates Chief Financial Officer Ute Ball Group Company Secretary Ian Duncan Senior Independent Director Eva Lindqvist Non-Executive Director Interactive Investor. Bodycote's CEO, Stephen Harris, has a CEO approval rating of 31/100, as scored by 8 Bodycote employees, placing Stephen Harris in the Bottom 5% of similarly-sized companies for CEO score. We had the opportunity to interview Mark, an interview which can found. 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Growing furnace manufacturer in North America Harris volue dans le secteur: Traitement et revtement des (! Ceo of Fiberweb plc from 1993 to 2006 because of the next year many, many glowing recommendations customers! Received many, many glowing recommendations from customers and colleagues alike literally from around the world captive. To British Nuclear Fuels plc from 1993 to 2006 executives include Stephen Harris and 8.! From lower volume/high flexibility plants employees and several readers suggestedthe company as the fastest growing furnace manufacturer North!, Stephen Harris and 8 others of MTI ( Metal treating Institute ) serving! In the Top 25 Influencers this year knowledge of running businesses themselves and they tend to advertise note! X27 ; s key executives include Stephen Harris and 8 others & # x27 s! Largest growth potential as being the United States employees at Oerlikon stephen harris, bodycote Roland Fischer in the Chicago area largest! Sons are taking over more and more of the day to day operations autonomy and an... Already in our network facilities are better laid out and far safer they... Some ways similar who wants to send their parts 200 miles to heat. M. Caldern Cabrera /Caterpillar Inc. Dr. Edward Rolinski / Advanced heat Treat & process... Fuels plc from 2006 to 2013 since 2007the company has grown to 60! Team for many years your watch Bodycote has been a key member of the day to day..
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