Flow control provider Accudyne names new CEO
1/26/2016 12:00:00 AM
Accudyne Industries, a global provider of flow control systems and industrial compressors, announced that Charles L. “Chuck” Treadway has been named CEO, succeeding Elmer Doty.
Treadway, who most recently served as president and CEO of Thomas & Betts Corp., a global business unit of ABB, will assume the position on March 1 and be based in Dallas, Texas. Accudyne is a portfolio company of BC Partners and The Carlyle Group.
“We are pleased to welcome Chuck to the Accudyne team," said Raymond Svider, a managing partner at BC Partners. "He has a proven track record of growing industrial businesses globally and will build upon Accudyne’s strong culture of innovation and product delivery. We believe Chuck’s leadership and experience will propel Accudyne’s long-term success.”
Brian Bernasek, Carlyle's managing director and head of the global industrial and transportation team, thanked Doty for his service over the past three years.
"Elmer [Doty] has helped Accudyne establish a strong culture, expand product capabilities and enter new markets," Bernasek said. "He has left us with a strong foundation on which to build. We look forward to a smooth transition and believe Accudyne is in good hands with the proven leadership of Chuck Treadway.”
Mr. Treadway has been CEO of Thomas & Betts since 2012 and president and chief operating officer since 2011. Treadway joined Thomas & Betts in 2009 as group president of electrical, its largest segment. Under his leadership, the company delivered industry-leading growth and profitability.
“Accudyne is a strong company with a strong portfolio of brands and leading positions in attractive end-markets," Treadway said. "I look forward to working with customers and partners to deliver technologies and solutions to solve their most challenging problems. I am eager to work with such a talented leadership team and dedicated work force to take Accudyne to the next level of growth and profitability.”
Prior to Thomas & Betts, Treadway served in several management and executive positions at Schneider Electric, Prettl International and Yale Security. He earned his Bachelor and Master of Science degrees in electrical engineering from the University of Louisiana-Lafayette and Clemson University, respectively, and his M.B.A. from Harvard Business School.
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