Triad Technologies, LLC (“Triad” or the “Company”) is pleased to announce that Greg Wissman has been appointed Chief Executive Officer of Triad. Doug Wissman, formerly Chief Executive Officer, has been appointed Chairman of the Company’s Board of Directors.
Since joining Triad in 2016, Greg Wissman has served the Company in numerous leadership positions including most recently as President and previously as Chief Revenue Officer and Executive Vice President. During his tenure, Greg’s leadership, initiative, and analytical approach have significantly contributed to the Company’s ongoing success. Since 2016, Greg has led numerous Company initiatives including strategic planning, acquisitions, organizational redesign, technology center certifications, data analytics and various sales and marketing initiatives. Greg’s leadership and vision have also led the Company’s successful expansion into industrial automation and robotics.
Prior to joining Triad, Greg worked in the Aviation division of General Electric, serving in various operational and leadership roles across the United States and Europe. He completed General Electric’s Operations Management Leadership Program and he earned his Lean Six Sigma Black Belt. Greg has an MBA from Xavier University and a BS from the Ohio State University.
Concurrent with Greg’s appointment to Chief Executive Officer, Doug Wissman will become Chairman of the Company’s Board of Directors. In his new role, Doug will focus on corporate strategy and acquisitions.
Speaking on behalf of Triad’s Board of Directors, Charlie Denison, Managing Director of Shorehill Capital said, “I would like to thank Doug Wissman for his unwavering dedication to Triad and invaluable leadership. Doug led the Company through a period of remarkable growth. He built an outstanding culture and positioned the business and his successor, Greg Wissman, for continued success. We are excited for Greg to take over as CEO of Triad. His strategic vision, results-oriented approach and passion for growth will serve the Company well. Greg is a terrific fit for Triad’s culture, and the board and the leadership team are eager to work with him to execute on the Company’s long-term strategic plan.”
About Triad Technologies, LLC
Triad Technologies is a value-added distributor of industrial fluid power and automation solutions, supplying products that solve its customers’ technical challenges across hydraulic, pneumatic, electromechanical, lubrication and automation technologies. Triad’s products primarily include Parker Hannifin and other leading brands of hoses, fittings, cylinders, pumps, valves and sensors. Triad serves a diversified group of customers through twenty-five locations across Ohio, Kentucky, Michigan and Indiana. For more information, please visit www.triadtechnologies.com.
About Shorehill Capital LLC
Shorehill Capital LLC is a Chicago-based private equity firm with a passion for creating superior companies. We are focused on making control equity investments in North American engineered industrial products, industrial services, and value-added distribution companies with EBITDA between $3 million and $15 million and add-ons of any size. Shorehill seeks opportunities with differentiated business models where our experience, network and investment management approach can have a significant impact on the performance of the business. For nearly 30 years our partners have worked with middle market business leaders to accelerate growth and improve operational performance through structured investment management plans. For additional information, please visit www.ShorehillCapital.com.