GHX Industrial Promotes Richard Harrison to President and CEO
GHX Industrial has promoted Richard Harrison to the position of president and CEO. Harrison is a thirty year veteran of industrial distribution.
“I am excited about undertaking these new responsibilities. GHX has grown significantly in recent years, while at the same time, under Dan’s leadership, we have built a scalable infrastructure that supports continued organic growth and an ability to seamlessly integrate acquisitions,” said Richard Harrison.
Richard Harrison previously served as chief operating officer at GHX where he has been responsible for all branch operations and the integration of several acquisitions. Prior to joining GHX, Harrison held a number of positions at Hagemeyer North America, where he was most recently senior vice president of National Accounts.
Dan Ahuero, who has served as president and CEO of GHX, will become executive chairman of the board of directors. Richard Harrison will also join the board of directors.
“I am excited about undertaking these new responsibilities. GHX has grown significantly in recent years, while at the same time, under Dan’s leadership, we have built a scalable infrastructure that supports continued organic growth and an ability to seamlessly integrate acquisitions,” said Harrison.
According to Ahuero, “We have planned this transition for some time. Richard is a great leader and will do a fantastic job taking the organization to the next level.” He added that he looks forward to concentrating on GHX’s acquisition strategy and other strategic initiatives in his new role as executive chairman.
About GHX Industrial
GHX Industrial is a portfolio company of The CapStreet Group. GHX provides fluid sealing (gaskets), fluid transfer (hoses) and other products to a variety of industries, particularly the energy, mining, agriculture, power generation and marine markets. CapStreet is a Houston based private equity firm that invests in growing middle market companies in Texas and other Sunbelt states and partners with management to accelerate growth and improve profitability. Since CapStreet’s investment in GHX in 2007, the company has grown from six to thirty nine branches through strategic add-on acquisitions and opening new stores.
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