Thursday, October 30, 2014

Home News Paladin’s parent company hires new leader

Paladin’s parent company hires new leader

Supplier News

International Equipment Solutions names Stephen Andrews CEO.

| January 10, 2012

NEW YORK – Paladin’s parent company, International Equipment Solutions(“IES”) announced has named Stephen Andrews as its CEO. Andrews was previously president and CEO of Pettibone the parent company of fourteen diversified global industrial businesses.

IES, through its Paladin and Crenlo business units, is a global engineered equipment company serving the construction, agriculture, landscaping, infrastructure, recycling, demolition, mining and energy markets. IES is owned by KPS Capital Partners, LP, a private equity firm with more than $2.7 billion of assets under management, which formed the company in September 2011.

Andrews said, "I am thrilled to lead International Equipments Solutions. IES’ acquisitions of Paladin and Crenlo are just the first steps in the creation of an international engineered equipment manufacturer with leading brands and a strong reputation for quality, durability, delivery, support and continual product innovation. I look forward to working with the Paladin and Crenlo associates to provide our customer base with world-class service, and to grow IES worldwide both organically and through acquisitions.”

Prior to joining Pettibone in 2007, Andrews spent thirteen years in various domestic and international positions with Hendrickson International. He is a graduate of the University of Michigan.

 

Top news

Toro to acquire BOSS

The $227 million-deal is expected to close in early 2015.

Prepare for the worst

The problem employee doesn't have to be a headache if you have a plan.

A different sales method

Use social media to connect with potential customers.

More toys

New products continued to be unveiled on the final day of GIE+EXPO.

The right direction

The GIE+EXPO is growing and so are the companies of contractors attending the show.

x