Alpha Precision Group (APG), St Mary’s, Pennsylvania, USA, has reported that its current CEO JoAnne Ryan plans to retire on December 31, 2021, and will be succeeded by Patrick Struble. In preparation for her retirement and to ensure a seamless transition of leadership, the APG Board of Directors approved multiple succession actions during its meeting in April.
Ryan will step back from day-to-day leadership, transition CEO responsibilities to her successor, and assume the role of chairman of the board effective June 1, 2021. Ryan joined Alpha Sintered Metals as CEO in 2009 and led the platform through a series of strategic acquisitions to form Alpha Precision Group.
Struble is an accomplished industry professional with decades of operational leadership experience. He joined APG as Chief Operating Officer in 2019. In this role, Struble completed the assimilation of the acquired companies under a common system, helping to strengthen operational alignment and enhance overall business performance.
Struble has a BS in Engineering from Penn State University and has over thirty years of progressive leadership experience in the Powder Metallurgy and mechanical carbon industries with GKN and Morgan Advanced Materials. APG noted that his career accomplishments have positioned him as a highly regarded, well-respected industry leader.
“Pat and I have been planning for this transition for quite some time,” stated Ryan. “Our primary objective has been to ensure a seamless transition of leadership for our esteemed employees while maintaining exceptional performance and service to our valued customers.”
“Pat’s extensive industry experience and strong leadership skills combined with the execution of company-specific objectives in his role as COO provide a solid framework for his transition to CEO. The company looks forward to Pat’s leadership in the continued growth and prosperity of APG and its stakeholders.”
Struble commented, “I am fortunate to have worked alongside JoAnne over the past two years. JoAnne has built a strong foundation through her keen vision and leadership, which has APG well positioned to take our progressive, diversified metal-forming business forward.”
He added, “We have a great team, excellent technology, and a clear path to ensure all our employees, customers, and shareholders are in a desirable place now and strongly positioned for continued success.”
APG is a manufacturer of metal-formed components and high-precision assemblies for the automotive, small engine, consumer, medical, defence, aerospace, HVACR, and heavy truck industries. Its anufacturing technologies include conventional Powder Metallurgy, Metal Injection Moulding, Additive Manufacturing, and design/manufacture of custom precision valves and light mechanical assemblies.