Giovanni Spitale named CEO of Davis-Standard
Davis-Standard has appointed Giovanni Spitale as chief executive officer. Mr Spitale replaces Jim Murphy, who has been elected as vice chairman of the board of directors. The company has also elected several individuals as members of the board of directors, including Brian Marston, Bill Barker and John McGrath.
"I am extremely excited to join the Davis-Standard organization," said Mr Spitale. "Having spent considerable time in the polymer processing and broader capital equipment industries, I have long admired Davis-Standard's leading position in the market […]. I look forward to working with the Davis-Standard organization to continue to grow the business globally and support our world-class base of customers with differentiated product offerings and services."
Mr Murphy commented, "I want to thank the entire Davis-Standard organization for the many years of strong performance that we have collectively executed upon under my tenure as CEO. I am thrilled to continue to serve the company as vice chairman of the board of directors and look forward to collaborating with Giovanni alongside the broader board of directors in this next and very exciting phase of Davis-Standard's long history."
Mr Spitale was previously vice president of commercial parts within Boeing Global Services. In this role, he had full responsibility for profit and loss management and strategic direction of Boeings $4bn portfolio of commercial aircraft and engine parts businesses. Prior to his tenure at Boeing, he was president of customer service and support at Milacron.