Dr. Richard A. Bucher Named Chief Executive Officer
PR87313
EASTON, Pa., Dec. 17, 2020 /PRNewswire=KYODO JBN/ --
Victaulic announced the appointment of Rick Bucher as Chief Executive Officer,
succeeding John F. Malloy, effective January 31, 2021. Dr. Bucher was named
President of Victaulic in April of 2020, following a June 2019 appointment as
Chief Operating Officer. Prior to joining Victaulic in 2009 as Vice President
of Engineering, Dr. Bucher worked for 15 years for W.L. Gore, a manufacturer of
technologically advanced composite materials. Dr. Bucher received a B.S. and
M.S. in engineering from Rice University and a Ph.D. in material science from
Virginia Tech.
Video - https://www.youtube.com/watch?v=_QsMJo0G7qg
Photo - https://mma.prnewswire.com/media/1387180/Victaulic_Rick_Bucher.jpg
Logo - https://mma.prnewswire.com/media/438995/Victaulic_Logo.jpg
Dr. Malloy, who will remain Chairman of Victaulic's Board, commented, "Rick has
consistently demonstrated the intelligence, judgement and courage to make wise
and sometimes difficult decisions while preserving the compassion and concern
for everyone associated with Victaulic – employees, customers, shareholders and
our community. Since joining Victaulic in 2009, Rick has reinforced Victaulic's
long-standing commitment to innovation. Under his leadership Victaulic's patent
portfolio has grown substantially with the issuance of over 3,200 patents
globally while our research and development organization has doubled in size.
Since its first patent was received in 1919, Victaulic has grown to be the
world's leading producer of mechanical pipe joining solutions. Victaulic
systems are at work in more than 140 countries in diverse businesses including
oil and gas extraction and processing, chemical processing, mining, power
generation, water and wastewater treatment, military facilities, shipbuilding
and shipping, plumbing, heating, air conditioning and fire protection systems.
Last year, Victaulic celebrated its Centennial Anniversary as a family owned
company, adding close to one million square feet to the company's manufacturing
operations. These investments included a new, 400,000 square foot
state-of-the-art manufacturing center in Pennsylvania's Lehigh Valley, as well
as investments and expansion of the company's facilities in Dalian, China;
Drezdenko, Poland; and Ontario, Canada.
For more information visit www.victaulic.com or IndustryWeek [https://c212.net/c/link/?t=0&l=en&o=3015110-1&h=1143808843&u=https%3A%2F%2Fwww.industryweek.com%2Foperations%2Fmedia-gallery%2F22028480%2Fthe-definition-of-durability-10-manufacturing-companies-that-have-reached-the-century-mark%2Fslideshow%3Fslide%3D10&a=IndustryWeek ].
SOURCE Victaulic
CONTACT: Megan Longenderfer, Victaulic Corporate Communications,
megan.longenderfer@victaulic.com, (610) 559-3441
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