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Core Molding Technologies Appoints Alex Bantz as Chief Commercial Officer to Lead Strategic Expansion

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Core Molding Technologies has appointed Alex Bantz as Chief Commercial Officer, effective immediately. This newly created position aims to accelerate revenue growth initiatives and advance the company's Invest for Growth strategy. Bantz brings over 25 years of sales and operational experience, most recently serving as Vice President of Sales and Marketing at Milsco Manufacturing from 2018 to 2024. His previous roles include positions at Veyance Technologies, Goodyear Tire and Rubber Company, and Hendrickson. Bantz holds a BS in Mechanical Engineering from Ohio State University.

Core Molding Technologies ha nominato Alex Bantz come Chief Commercial Officer, con effetto immediato. Questa posizione di nuova creazione mira ad accelerare le iniziative di crescita dei ricavi e a promuovere la strategia di Investimento per la Crescita dell'azienda. Bantz porta con sé oltre 25 anni di esperienza nel settore delle vendite e delle operazioni, avendo recentemente ricoperto il ruolo di Vicepresidente Vendite e Marketing presso Milsco Manufacturing dal 2018 al 2024. Le sue esperienze precedenti includono posizioni presso Veyance Technologies, Goodyear Tire and Rubber Company e Hendrickson. Bantz ha conseguito una laurea in Ingegneria Meccanica presso l'Università dello Stato dell'Ohio.

Core Molding Technologies ha nombrado a Alex Bantz como Director Comercial, con efecto inmediato. Esta posición de nueva creación tiene como objetivo acelerar las iniciativas de crecimiento de ingresos y avanzar en la estrategia de Inversión para el Crecimiento de la compañía. Bantz trae más de 25 años de experiencia en ventas y operaciones, habiendo ocupado recientemente el cargo de Vicepresidente de Ventas y Marketing en Milsco Manufacturing desde 2018 hasta 2024. Sus roles anteriores incluyen posiciones en Veyance Technologies, Goodyear Tire and Rubber Company y Hendrickson. Bantz tiene una licenciatura en Ingeniería Mecánica de la Universidad Estatal de Ohio.

코어 몰딩 테크놀로지스알렉스 반츠를 최고 상업 책임자로 즉시 임명했습니다. 이 새로 생긴 직책은 수익 성장 이니셔티브를 가속화하고 회사의 성장 투자 전략을 발전시키는 것을 목표로 합니다. 반츠는 25년 이상의 판매 및 운영 경험을 보유하고 있으며, 최근에는 2018년부터 2024년까지 Milsco Manufacturing의 판매 및 마케팅 부사장으로 재직했습니다. 그의 이전 경력에는 Veyance Technologies, Goodyear Tire and Rubber Company, Hendrickson에서의 직책이 포함됩니다. 반츠는 오하이오주립대학교에서 기계공학 학사 학위를 취득했습니다.

Core Molding Technologies a nommé Alex Bantz au poste de Directeur Commercial, avec effet immédiat. Ce poste nouvellement créé vise à accélérer les initiatives de croissance des revenus et à faire progresser la stratégie d'investissement pour la croissance de l'entreprise. Bantz apporte plus de 25 ans d'expérience dans les ventes et les opérations, ayant récemment occupé le poste de vice-président des ventes et du marketing chez Milsco Manufacturing de 2018 à 2024. Ses rôles précédents incluent des positions chez Veyance Technologies, Goodyear Tire and Rubber Company et Hendrickson. Bantz détient une licence en ingénierie mécanique de l'Université d'État de l'Ohio.

Core Molding Technologies hat Alex Bantz mit sofortiger Wirkung zum Chief Commercial Officer ernannt. Diese neu geschaffene Position zielt darauf ab, Wachstumsinitiativen im Umsatz zu beschleunigen und die Investitionsstrategie des Unternehmens für Wachstum voranzubringen. Bantz bringt über 25 Jahre Erfahrung im Vertrieb und im operativen Geschäft mit, am kürzesten war er zuletzt als Vizepräsident für Vertrieb und Marketing bei Milsco Manufacturing von 2018 bis 2024 tätig. Zuvor hatte er Positionen bei Veyance Technologies, Goodyear Tire and Rubber Company und Hendrickson inne. Bantz hat einen Abschluss in Maschinenbau von der Ohio State University.

Positive
  • Strategic appointment of experienced commercial leader to drive revenue growth
  • Addition of executive with 25+ years of sales and operational experience
  • Strengthening of leadership team to support Invest for Growth strategy
Negative
  • None.

COLUMBUS, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”) announced today that Mr. Alex Bantz has been appointed to the position of Chief Commercial Officer, effective immediately.  

“Appointing Alex Bantz to the newly created role of Chief Commercial Officer is a pivotal step in accelerating Core’s revenue growth initiatives and strategically advancing our Invest for Growth strategy,” said David Duvall, President and Chief Executive Officer. “Alex’s impressive track record of success in sales and marketing leadership roles makes him the ideal person to lead the charge. He brings a long tenure and expertise of building relationships, driving successful revenue programs, and aligning commercial strategies. Both the Board and the leadership team join me in welcoming Alex to Core Molding.”

“I am thrilled to join Core as the Chief Commercial Officer at this pivotal time in their Invest For Growth strategy,” said Alex Bantz. “I look forward to being a part of the Company’s continued transformation and strategic growth plans to drive further commercial success, build new customer relationships, and achieve new levels of expansion.”

Mr. Alex Bantz joins Core with over 25 years of sales and operational experience through advancing leadership roles. Mr. Bantz served most recently as Vice President of Sales and Marketing for Milsco Manufacturing from 2018 through 2024 and as Business Unit Director from 2014 through 2018. From 2007 through 2014, Mr. Bantz worked for Veyance Technologies and progressed into leadership positions most recently Project Manager of the SIOP Integration and Director of Sales and Marketing for the Global Vibration Control and Hose. Prior to these roles, Bantz worked as Account Executive and Channel Manager for The Goodyear Tire and Rubber Company between 2005 and 2007 and worked for Hendrickson as an engineer, buyer and commodity manager from 1998 to 2005. Mr. Bantz earned his Bachelor of Science in Mechanical Engineering from Ohio State University.

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products. The Company’s operating segment consists of one reporting unit, Core Molding Technologies. The Company offers customers a wide range of manufacturing processes to fit various program volume and investment requirements. These thermoset processes include compression molding of sheet molding compound (“SMC”), resin transfer molding (“RTM”), liquid molding of dicyclopentadiene (“DCPD”), spray-up and hand-lay-up. The thermoplastic processes include direct long-fiber thermoplastics (“DLFT”) and structural foam and structural web injection molding. Core Molding Technologies serves a wide variety of markets, including the medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products. The demand for Core Molding Technologies’ products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies’ operations may change proportionately more than revenues from operations. For more information, please refer to the Company’s website at coremt.com.

Company Contact:

Core Molding Technologies, Inc.
John Zimmer
Executive Vice President & Chief Financial Officer
jzimmer@coremt.com

Investor Relations Contact:

Three Part Advisors, LLC
Sandy Martin or Steven Hooser
214-616-2207


FAQ

Who is the new Chief Commercial Officer at Core Molding Technologies (CMT)?

Alex Bantz has been appointed as the new Chief Commercial Officer at Core Molding Technologies (CMT), effective October 28, 2024.

What is Alex Bantz's previous work experience before joining Core Molding Technologies (CMT)?

Before joining CMT, Alex Bantz served as VP of Sales and Marketing at Milsco Manufacturing (2018-2024), held leadership positions at Veyance Technologies (2007-2014), worked at Goodyear Tire and Rubber Company (2005-2007), and Hendrickson (1998-2005).

What is the purpose of creating the Chief Commercial Officer position at Core Molding Technologies (CMT)?

The Chief Commercial Officer position was created to accelerate Core's revenue growth initiatives and strategically advance the company's Invest for Growth strategy.

Core Molding Technologies, Inc.

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