Compass Diversified Announces Appointment of Matthew Blake as CEO of Arnold Magnetics
Compass Diversified Holdings (NYSE: CODI) has announced the appointment of Matthew Blake as the new Chief Executive Officer of its subsidiary, Arnold Magnetic Technologies , effective March 31, 2025. Blake, who will also join Arnold's Board of Directors, succeeds Dan Miller, who concludes his nine-year tenure as CEO after a transition period ending April 30, 2025.
Blake brings extensive global operations experience in industrial manufacturing. He previously served as Chief Operations Officer at DwyerOmega and held leadership positions at Alpha Packaging, Cleaver-Brooks, and ESAB Welding & Cutting Products. He holds an MS in Engineering and Global Operations Management from Clarkson University and an MBA from Webster University.
Under Miller's leadership, Arnold strengthened its position as a leading solutions provider in high-performance electric motors, magnets, and thin metals, successfully navigated the COVID-19 pandemic, and completed a plant relocation.
Compass Diversified Holdings (NYSE: CODI) ha annunciato la nomina di Matthew Blake come nuovo Amministratore Delegato della sua controllata, Arnold Magnetic Technologies, a partire dal 31 marzo 2025. Blake, che entrerà anche nel Consiglio di Amministrazione di Arnold, succede a Dan Miller, il quale conclude il suo mandato di nove anni come CEO dopo un periodo di transizione che terminerà il 30 aprile 2025.
Blake porta con sé una vasta esperienza nelle operazioni globali nel settore della produzione industriale. In precedenza ha ricoperto il ruolo di Chief Operations Officer presso DwyerOmega e ha ricoperto posizioni di leadership in Alpha Packaging, Cleaver-Brooks e ESAB Welding & Cutting Products. Ha conseguito un MS in Ingegneria e Gestione delle Operazioni Globali presso la Clarkson University e un MBA presso la Webster University.
Sotto la guida di Miller, Arnold ha consolidato la sua posizione come fornitore leader di soluzioni per motori elettrici ad alte prestazioni, magneti e metalli sottili, ha affrontato con successo la pandemia di COVID-19 e ha completato il trasferimento di uno stabilimento.
Compass Diversified Holdings (NYSE: CODI) ha anunciado el nombramiento de Matthew Blake como nuevo Director Ejecutivo de su subsidiaria, Arnold Magnetic Technologies, a partir del 31 de marzo de 2025. Blake, quien también se unirá a la Junta Directiva de Arnold, sucede a Dan Miller, quien concluye su mandato de nueve años como CEO tras un periodo de transición que finalizará el 30 de abril de 2025.
Blake aporta una amplia experiencia en operaciones globales en la fabricación industrial. Anteriormente, se desempeñó como Director de Operaciones en DwyerOmega y ocupó cargos de liderazgo en Alpha Packaging, Cleaver-Brooks y ESAB Welding & Cutting Products. Tiene una maestría en Ingeniería y Gestión de Operaciones Globales de la Clarkson University y un MBA de la Webster University.
Bajo el liderazgo de Miller, Arnold fortaleció su posición como proveedor líder de soluciones en motores eléctricos de alto rendimiento, imanes y metales delgados, navegó con éxito la pandemia de COVID-19 y completó la reubicación de una planta.
Compass Diversified Holdings (NYSE: CODI)는 Matthew Blake를 자회사 Arnold Magnetic Technologies의 새로운 CEO로 임명했다고 발표했습니다. 임기는 2025년 3월 31일부터 시작됩니다. Blake는 Arnold의 이사회에도 합류하며, 2025년 4월 30일 종료되는 전환 기간 후 Dan Miller의 뒤를 잇습니다.
Blake는 산업 제조 분야에서 광범위한 글로벌 운영 경험을 가지고 있습니다. 그는 이전에 DwyerOmega의 COO로 재직했으며, Alpha Packaging, Cleaver-Brooks 및 ESAB Welding & Cutting Products에서 리더십 직책을 맡았습니다. 그는 Clarkson University에서 공학 및 글로벌 운영 관리 석사 학위를, Webster University에서 MBA를 취득했습니다.
Miller의 지도 아래, Arnold는 고성능 전기 모터, 자석 및 얇은 금속의 선도적인 솔루션 제공업체로서의 입지를 강화하고, COVID-19 팬데믹을 성공적으로 극복하며, 공장 이전을 완료했습니다.
Compass Diversified Holdings (NYSE: CODI) a annoncé la nomination de Matthew Blake en tant que nouveau Directeur Général de sa filiale, Arnold Magnetic Technologies, à compter du 31 mars 2025. Blake, qui rejoindra également le Conseil d'Administration d'Arnold, succède à Dan Miller, qui termine son mandat de neuf ans en tant que CEO après une période de transition se terminant le 30 avril 2025.
Blake apporte une vaste expérience des opérations mondiales dans la fabrication industrielle. Auparavant, il a été Directeur des opérations chez DwyerOmega et a occupé des postes de direction chez Alpha Packaging, Cleaver-Brooks et ESAB Welding & Cutting Products. Il est titulaire d'une maîtrise en ingénierie et gestion des opérations mondiales de la Clarkson University et d'un MBA de la Webster University.
Sous la direction de Miller, Arnold a renforcé sa position en tant que fournisseur de solutions leader dans les moteurs électriques haute performance, les aimants et les métaux fins, a navigué avec succès à travers la pandémie de COVID-19 et a terminé le déménagement d'une usine.
Compass Diversified Holdings (NYSE: CODI) hat die Ernennung von Matthew Blake zum neuen Geschäftsführer ihrer Tochtergesellschaft Arnold Magnetic Technologies bekannt gegeben, die am 31. März 2025 in Kraft tritt. Blake, der auch dem Vorstand von Arnold beitreten wird, folgt auf Dan Miller, der nach einer Übergangszeit, die am 30. April 2025 endet, seine neunjährige Amtszeit als CEO beendet.
Blake bringt umfassende globale Erfahrung in der Betriebsführung in der industriellen Fertigung mit. Zuvor war er Chief Operations Officer bei DwyerOmega und hatte Führungspositionen bei Alpha Packaging, Cleaver-Brooks und ESAB Welding & Cutting Products inne. Er hat einen Masterabschluss in Ingenieurwesen und globalem Betriebsmanagement von der Clarkson University sowie einen MBA von der Webster University.
Unter Millers Führung hat Arnold seine Position als führender Lösungsanbieter für Hochleistungsmotoren, Magnete und dünne Metalle gestärkt, die COVID-19-Pandemie erfolgreich gemeistert und einen Werksumzug abgeschlossen.
- Smooth leadership transition with one-month handover period
- New CEO brings extensive industrial manufacturing experience
- Incoming CEO has strong educational background in engineering and business
- Departure of experienced CEO after successful 9-year tenure
WESTPORT, Conn., April 01, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market branded consumer and industrial businesses, today announced that Matthew Blake has been named Chief Executive Officer of its subsidiary, Arnold Magnetic Technologies Corporation (“Arnold”), a leading global manufacturer of high-performance electric motors, magnets, and thin metals, effective March 31, 2025. Concurrent with his appointment, Blake will join Arnold’s Board of Directors. After a successful nine-year tenure as CEO, Dan Miller will be concluding his time at Arnold after a planned transition period ending April 30, 2025.
“On behalf of Compass and Arnold, I want to extend our sincere gratitude to Dan for his dedication and service in building Arnold into the industry leader it is today,” said Elias Sabo, CEO of CODI. “Under his leadership, Arnold has strengthened its position as a leading solutions provider, successfully navigated the COVID-19 pandemic and oversaw the company’s recent plant relocation. We wish him all the best. I also want to welcome Matt to both Arnold and Compass Diversified. With leadership experience spanning multiple facets of industrial manufacturing, I believe he is the ideal choice to lead Arnold in its next phase of growth.”
Blake brings broad global operations experience across a range of industrial end-markets. He has a track record of driving growth, operational excellence and strategic execution. Most recently, he was the Chief Operations Officer at DwyerOmega, a manufacturer and global provider of precision measurement solutions. Prior to DwyerOmega, he held various leadership roles at Alpha Packaging, Cleaver-Brooks, and ESAB Welding & Cutting Products. Blake holds a Master of Science in Engineering and Global Operations Management from Clarkson University, as well as an MBA from Webster University.
Ryan Thorp, Chairman of Arnold’s Board of Directors added: “We are extremely grateful for Dan’s stewardship of Arnold in continuing to grow and diversify the business and position it for continued success. I’d also like to welcome Matt to Arnold. Matt possesses a wealth of industrial experience and I am sure he will build on Arnold’s impressive performance.”
Dan Miller added: “It has been an honor to lead Arnold and work alongside such a talented and committed team. I am incredibly proud of what we have accomplished together and wish the company continued success under Matt’s leadership.”
“I am excited at the privilege of leading the exceptional team at Arnold and building upon its strong foundation,” said Matthew Blake, incoming CEO of Arnold. “I look forward to driving continued success and creating value for our customers and shareholders.”
About Compass Diversified (“CODI”)
Since its IPO in 2006, CODI has consistently executed its strategy of owning and managing a diverse set of highly defensible, middle-market businesses across the branded consumer, industrial, healthcare, and critical outsourced services sectors. The Company leverages its permanent capital base, long-term disciplined approach, and actionable expertise to maintain controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and has consistently generated strong returns through its culture of transparency, alignment and accountability. For more information, please visit compassdiversified.com.
About Arnold Magnetic Technologies
Based in Rochester, NY, Arnold serves a variety of markets including aerospace and defense, general industrial, motorsport/automotive, oil and gas, medical, energy, reprographics and advertising specialties. Over the course of more than 125 years, Arnold has successfully evolved and adapted its products, technologies, and manufacturing presence to meet the demands of current and emerging markets. Arnold produces high performance permanent magnets (PMAG), turnkey electric motors (“Ramco”), precision foil products (Precision Thin Metals or “PTM”), and flexible magnets (Flexmag™) that are mission critical in motors, generators, sensors and other systems and components. Arnold has expanded globally and built strong relationships with its customers worldwide.
Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements with regard to the expectations related to the future performance of Arnold and CODI. Words such as “believes,” “expects,” “will,” “anticipates,” “intends,” “continue,” “projects,” “potential,” “assuming,” and “future” or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions, some of which are not currently known to CODI. In addition to factors previously disclosed in CODI’s reports filed with the SEC, the following factors, among others, could cause actual results to differ materially from forward-looking statements: changes in the economy, financial markets and political environment; risks associated with possible disruption in CODI’s operations or the economy generally due to terrorism, natural disasters, social, civil and political unrest or the COVID-19 pandemic; future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities); and other considerations that may be disclosed from time to time in CODI’s publicly disseminated documents and filings. Further information regarding CODI and its subsidiaries and factors which could affect the forward-looking statements contained herein can be found in CODI’s annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. Forward-looking statements speak only as of the date they are made. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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FAQ
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