NH Ball Bearings names new president (pic)
Resource from: Monadnock Ledger-Transcript Likes:285
Apr 07,2015
With the anticipated retirement of longtime president Gary Yomantas, New Hampshire Ball Bearings, Inc., has announced the promotion of Dan Lemieux to president of NHBB and head of the NHBB/myonic Business Unit within the Minebea Group of Companies.
Lemieux, who has been working out of the Peterborough facility for the last four years, began serving in his new role on April 1. He will be responsible for the performance and strategic direction of NHBB’s three manufacturing divisions in the United States, as well as that of myonic GmbH in Leutkirch, Germany, and CEROBEAR GmbH in Herzogenrath, Germany.
On July 1, Lemieux will also take over as president of NMB (USA) Inc., the North American operations of Minebea Co., Ltd., and as Minebea’s general manager of regional affairs for the Americas.
Yomantas stepped down as president of NHBB and head of the NHBB/myonic Business Unit on March 31.
Yomantas will retain the additional positions he holds as president of NMB (USA) Inc. and as Minebea’s general manager of regional affairs for the Americas until July 1. Afterward, he will stay on as an advisor for at least another year in order to direct a smooth handoff of responsibilities for NHBB, the NHBB/myonic Business Unit, and NMB (USA) to Lemieux.
Lemieux has served NHBB as vice president of business development and marketing since 2011, leading the activities of strategic planning, business acquisitions and marketing. In 2014, he was responsible for negotiating and completing the acquisition of CEROBEAR GmbH, a ceramic and hybrid ceramic bearing manufacturer located in Herzogenrath, Germany. From 2002 to 2011, Lemieux was director of strategic planning and corporate development for NHBB’s parent company, NMB (USA), Inc. As director, he was instrumental in the strategic divestiture of certain Minebea subsidiaries and the acquisition of the bearing manufacturer myonic GmbH and its integration into the NHBB/myonic Business Unit.
Prior to 2002, Lemieux held various executive positions with Power Systems Inc., a U.S. subsidiary of Minebea, including president, vice president of finance and administration, and controller. His career with Minebea began in 1993.
Lemieux is a CPA and holds a Bachelor of Science degree in accounting from the Central Connecticut State University, graduating with honors.
Yomantas served as president of NHBB since 1993. During his tenure, he led the company through over two decades of profitable growth, higher levels of customer satisfaction, and the acquisitions of two European subsidiaries, CEROBEAR GmbH and myonic GmbH. Since 2004, Yomantas has held dual executive positions as president of both NHBB and NMB (USA). In 2006, he was elected an executive officer by Minebea’s Board of Directors, becoming the first American in the history of the company to earn this distinction. In 2009, after the acquisition of myonic GmbH, a transaction in which he played a key role, Yomantas was promoted to managing executive officer and named head of the NHBB/myonic Business Unit.
Yomantas joined the company in 1972 and held a succession of management roles in sales and operations before serving as president of NMB Technologies from 1990 to 1993.
New Hampshire Ball Bearings, Inc. is a specialized manufacturer of precision bearings and customized solutions for the aircraft, defense, dental, medical, and other high-tech industrial markets.
(Monadnock Ledger-Transcript)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
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