07042020Sat
Last updateFri, 03 Jul 2020 5pm

DistributionNOW Names Cherechinsky CEO

DistributionNOW announced that its board of directors has appointed David Cherechinsky to lead the company as full-time CEO, effective immediately. Cherechinsky, who has served as CFO of the company since 2018, will take over the CEO role from Dick Alario, a current board director who stepped in as interim CEO during a leadership transition in November 2019. Alario will continue advising the company as executive vice chairman.

Prior to becoming CFO of DistributionNOW, Cherechinsky served as the company’s chief accounting officer, and prior to that, as vice president of finance for the NOV Distribution & Transmission business segment. He began his career at NOV in 1989.

The board selected Mark Johnson to succeed Cherechinsky as CFO. Johnson has served as chief accounting officer and vice president, corporate controller since 2018.


Neles Begins Trading, Appoints Deputy CEO

As previously reported, Olli Isotalo will serve as president and CEO of Neles Corporation. The Neles board of directors has also appointed its CFO Simo Sääskilahti as deputy CEO.

Neles was created in the demerger of the flow control business of Metso Corporation, and trading in Neles stock started on July 1, 2020.

AUMA Wins Major Tank Farm Order

AUMA has won the largest order in the company’s history, to supply a total of 2,756 explosion-proof electric actuators for the HES Hartel Tank Terminal in the Port of Rotterdam, the Netherlands. AUMA is the sole actuator supplier for this project.

HES International is one of Europe’s largest independent terminal operators in dry and liquid bulk products. The company has a long relationship with AUMA, which has previously supplied actuators for HES Botlek Tank Terminal in Rotterdam.

Optimation Technology Names Wendy Smith COO

Optimation Technology, Inc. announced a new chief operating officer (COO) this week. Wendy Smith has over thirty years’ experience in plant operations and design and engineering services management.

In 2003 she joined Optimation Technology Inc. as the mechanical and process engineering/design supervisor as well as the COO of Klug Systems (a company that Optimation had recently acquired). Over the next fifteen years, Smith took on additional management and leadership roles at Optimation where she is currently the COO, a member of the sales team and the executive team, and sits on the board of directors.

Smith is an active member of the board of directors for Compeer Rochester. She is former president of the Rochester Engineering Society and continues to serve on the scholarship committee for that organization. She has also served on the president’s advisory board at Roberts Wesleyan College. In 2019 Smith was recognized as an Influential Woman in Manufacturing by Putnam Media.

Flowserve Opens Certified Service Center in Egypt

In February, Flowserve celebrated the grand opening of its new Certified Service Center (CSC) in Egypt. Through a partnership with Valves Engineering Co. in Badr City, the CSC will provide support to customers, including time-sensitive parts or repairs; reliability-based upgrades; and in-depth engineering analysis.

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