Enerpac Tool Group Announces Eric Chack Appointed EVP – Operations

Rhea-AI Summary

Enerpac Tool Group (NYSE:EPAC) announced the appointment of Eric Chack as Executive Vice President (EVP) of Operations, effective July 22, 2024.

Chack will oversee all aspects of the company's global operations, including manufacturing, procurement, logistics, and quality. He will report directly to Paul Sternlieb, President and CEO, and will join the executive leadership team.

Chack brings extensive experience from his previous roles at Mohawk Industries, Briggs & Stratton, SPX , and IDEX , and has served as an Infantry Officer in the US Marine Corps.

Sternlieb highlighted Chack's strategic leadership and operational expertise, while Chack expressed enthusiasm for driving competitive advantage through operational excellence and efficiency.

Positive

• Eric Chack's appointment as EVP of Operations could enhance Enerpac's global operations' efficiency.
• Chack's extensive experience in industrial manufacturing and supply chain management may drive operational improvements.
• Chack's strategic leadership could contribute to developing and leading high-performing teams at Enerpac.

Negative

• None.

MILWAUKEE, July 01, 2024 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE:EPAC) (“Enerpac” or the “Company”) announced today that Eric Chack will join the Company as EVP – Operations, effective July 22. He will be responsible for all aspects of Enerpac’s global operations including oversight for manufacturing, procurement, logistics, continuous improvement, quality, and reliability. Mr. Chack will report to Paul Sternlieb, President & CEO of Enerpac Tool Group, and will serve on the Company’s executive leadership team.

Mr. Chack joins Enerpac from Mohawk Industries, where he was the SVP Supply Chain. Prior to this he was SVP Global Operations & Supply Chain for Briggs & Stratton and held global operations leadership roles at SPX Corporation and IDEX Corporation. In addition, Mr. Chack served as an Infantry Officer in the US Marine Corps. Throughout his career, Mr. Chack has worked in roles of increasing scope and responsibility, with extensive experience building, developing, and optimizing the performance of world-class operations teams.

Commenting on the announcement, Mr. Sternlieb noted, “I am very pleased to welcome Eric to Enerpac and our executive leadership team. He has an accomplished track record of strategic operations leadership, brings deep industrial manufacturing experience, and has a proven ability to develop and lead high performing teams.”

Mr. Chack added, “I am excited to be joining Enerpac and look forward to driving a sustained competitive advantage for the business through functional excellence, manufacturing effectiveness, and supply chain efficiency.”

About Enerpac Tool Group
Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com.

Contact:
Travis Williams
Director of Investor Relations
travis.williams@enerpac.com
+1.262.293.1912

FAQ

When is Eric Chack joining Enerpac Tool Group?

Eric Chack is joining Enerpac Tool Group as EVP of Operations on July 22, 2024.

What will Eric Chack be responsible for at Enerpac Tool Group?

Eric Chack will oversee all aspects of Enerpac's global operations, including manufacturing, procurement, logistics, continuous improvement, quality, and reliability.

Who will Eric Chack report to at Enerpac Tool Group?

Eric Chack will report to Paul Sternlieb, President and CEO of Enerpac Tool Group.

What experience does Eric Chack bring to Enerpac Tool Group?

Eric Chack has extensive experience from his roles at Mohawk Industries, Briggs & Stratton, SPX , and IDEX , and he has served as an Infantry Officer in the US Marine Corps.

How might Eric Chack's appointment impact Enerpac Tool Group's operations?

Eric Chack's appointment could improve Enerpac Tool Group's operational efficiency and competitive advantage through his strategic leadership and experience in industrial manufacturing and supply chain management.