EMS Announces the Appointment of Mike Swedick as CEO
ROSEMONT, Ill.--(BUSINESS WIRE)--Jan 12, 2023--
Eastern Metal Supply (“EMS”), one of the largest value-added distributors of aluminum products in the U.S and a Wynnchurch Capital, L.P. (“Wynnchurch”) portfolio company, announced today the appointment of Mike Swedick to the role of Chief Executive Officer. As part of the transition, Greg Weekes, the co-founder and President of EMS, will remain active in the company and on its Board of Directors.
Mike brings 37 years of experience in wholesale distribution, manufacturing, sales, and marketing. He spent the last ten years at Fortiline Waterworks, one of the leading waterworks companies in the U.S., where he most recently served as President and CEO. He also spent nearly 20 years in leadership positions at Advanced Drainage Systems, a leading manufacturer of HDPE drainage pipe products.
During Mike’s career at Fortiline, he was instrumental in the creation of the executive leadership team and formal strategic planning process. He worked closely with his team to develop a clear vision and a metrics-driven culture, which resulted in strong earnings and top line growth. “We are excited for Mike to bring this same level of strategic leadership and results-driven philosophy to EMS,” said Greg Weekes. “We’re confident Mike will guide EMS into its next phase of growth.”
“The opportunity to join an entrepreneurial and innovative company like EMS is very exciting,” said Mike. “I am thrilled to work with a tenured and experienced team and look forward to leading EMS and its family of brands.”
Eastern Metal Supply, headquartered in Lake Worth, Florida, is a value-added distributor of aluminum products that are sold into a variety of industrial, commercial, residential, and marine end markets. Founded in 1982 with a single Florida location, EMS has expanded into new regions and now operates eighteen distribution and manufacturing facilities, totaling nearly 1.8 million square feet. For more information, please visit: www.easternmetal.com.
About Wynnchurch Capital:
Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an office in New York and an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $5.3 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. For more information, please visit: www.wynnchurch.com.
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CONTACT: Chris O’Brien
KEYWORD: UNITED STATES NORTH AMERICA CANADA ILLINOIS
INDUSTRY KEYWORD: FINANCE BANKING MANUFACTURING PROFESSIONAL SERVICES STEEL
SOURCE: Wynnchurch Capital, L.P.
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PUB: 01/12/2023 10:35 AM/DISC: 01/12/2023 10:36 AM