Mount Prospect, IL – January 8, 2015 – Suzo-Happ announced today a new leadership structure to reflect the growth and diversification that the Company has successfully achieved over the last few years. President and CEO, James Brendel, has been elevated to Chairman of the Board of Suzo-Happ effective immediately. He will relinquish his day-to-day responsibilities as President and CEO allowing him to focus on the strategic direction of the Company. Matt Brown, Marcel Oelen and Ron Partridge will report directly to the Board of Directors. Mr. Brown, who will continue as the Company’s Chief Financial Officer, will work directly with the Company’s Asia Pacific and Global Bill-to-Bill leaders. Mr. Oelen will continue as Managing Director responsible for the Company's interests in Europe, Middle East and Africa. Mr. Partridge will continue as President, Americas responsible for the Company’s interests in North and South America.
“Working to establish Suzo-Happ as a global technology solutions provider has been the greatest privilege of my career,” said Mr. Brendel. “This new role allows me to focus exclusively on the strategic leadership and direction of Suzo-Happ, while allowing the strong executive team that we have put into place to further the Company's operational capabilities. Our ability to provide outstanding solutions to our customers will only be enhanced with these changes."
About Suzo-Happ Group
Suzo-Happ provides highly engineered component solutions for interactive self-service hardware to the global amusement, gaming, industrial, transportation and vending markets by serving both equipment operators and original equipment manufacturers. Suzo-Happ’s solutions include control devices and systems, currency handling equipment, display solutions, environmental products, machine operation components and payment systems. With approximately 700 global employees in 13 countries serving more than 25,000 customers worldwide, Suzo-Happ has manufacturing, engineering, distribution and service facilities in 13 countries globally. More information is available at www.suzohapp.com Suzo-Happ is owned by affiliates of ACON Investments, L.L.C., a Washington, D.C.-based private equity investment firm that has managed over $3.5 billion of capital. For more information, visit www.aconinvestments.com.
