HOUSTON, July 9, 2024
/PRNewswire/ -- RESA Power, LLC (the "Company"), the
market leader in power systems electrical testing, transformer
services, and life extension solutions for power distribution
equipment, announced the appointment of Scott Harrison as Chief Executive Officer (CEO).
Effective immediately, Mr. Harrison succeeds Board member and
Interim CEO Monte Roach, who will
support Mr. Harrison as he transitions into the role.
"We're thrilled to welcome Scott to the RESA Power family, and
we look forward to the continued success that we are confident he
will help us continue to drive forward," said Mr. Roach.
"Throughout the process of getting to know him, Scott clearly
showed he is one of us, an engineer by trade who understands what
it means to lead a safety-sensitive service business and help
companies maximize their potential. The road ahead for RESA Power
is bright, and we are excited to start this new chapter."
Scott is a proven CEO with a career that spans more than 35
years of experience and expertise across the automotive,
industrial, engineering, and technology industries. Prior to
joining RESA Power, he served as CEO and Board Member of Depot
Connect International, a global leader in the chemical and food
transportation sector that merged Quala with Boasso Global.
Additionally, Mr. Harrison served as CEO and Board Member for Rea
Magnet Wire Company, the largest producer of magnet wire in the
world, CEO and Board Member for Azure Dynamics, Group President for
Hayes Lemmerz International, and various other senior management
roles. Mr. Harrison holds a bachelor's degree in Electrical and
Electronics Engineering from the Ohio State
University and his master's degree in the same from the
University of Dayton.
"RESA Power is an industry leader, and I am thrilled to take on
this new role to lead the company in its next chapter," said Mr.
Harrison. "It's an exciting time of growth and opportunity at RESA
Power, which is a credit to the talent and hard work of all its
team members and the strong culture they have developed. I want to
thank the Board and Monte for this opportunity, and I look forward
to joining forces with the RESA Power team so that together, we can
continue the strong momentum."
"Scott joins RESA Power at an exciting time when the
company is experiencing impressive growth and hitting on all
cylinders," added Amit Gaind,
Managing Director at Investcorp. "In Scott, we're confident RESA
Power has the best person for the job. With him at the helm, paired
with RESA Power's best-in-class management team, the Company will
undoubtedly continue to be a driving force in the
industry."
About RESA Power
RESA Power, a portfolio company of Investcorp, a global
alternative investment firm, is a market leader in power systems
services and life extension solutions for power distribution
equipment used in mission-critical environments. With locations
across the United States and
Canada, RESA Power is uniquely
capable of ensuring its customers' critical power systems are safe,
reliable, and operating at peak efficiency. The technicians and
engineers at RESA Power are experts in testing and servicing
transformers, relays, breakers, and other key components of power
distribution and control systems. RESA Power also provides quick
turn-around custom manufactured or retrofit switchgear and breaker
solutions and maintains an extensive inventory of obsolete and
hard-to-find components. For more information about how to join the
RESA Power group, visit www.resapower.com or follow
@RESAPower on LinkedIn
About Investcorp
Investcorp is a global investment manager specializing in
alternative investments across four asset classes:
Private Equity (Mid-Market Buyouts, Growth Investments, and
GP Staking), Real Assets (Infrastructure and Real Estate),
Credit (CLOs, Broadly Syndicated Loans & Structured
Credit, and Middle-Market Direct Lending), and Liquid
Strategies (Absolute Return Investments and Insurance Asset
Management).
Since our inception in 1982, Investcorp has focused on
generating attractive returns for our clients and seeking to create
long-term value in our portfolio companies by adopting a
disciplined investment process, employing talented professionals,
and utilizing the resources of a global institution with an
innovative approach.
Investcorp invests capital in our products and strategies,
aligning interests with our clients and other stakeholders.
Investcorp pursues sustainable value creation through our
investments and in the communities in which it operates and takes
pride in partnering with clients to deliver tailored solutions for
their needs.
Today, Investcorp manages $52
billion in assets, including assets managed by third-party
managers. Investcorp has 14 offices in the US, Europe, GCC, and Asia, including, India, China,
Japan, and Singapore, and employs approximately 500
people from 50 nationalities globally.
For further information,
visit http://www.investcorp.com/ and follow us
@Investcorp on LinkedIn, Twitter, and Instagram.
Media contacts
RESA Power
Julia Baranava
380058@email4pr.com
(832)900-8343
ICR for Investcorp
InvestcorpPR@icrinc.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/resa-power-appoints-seasoned-executive-scott-harrison-as-chief-executive-officer-302191329.html
SOURCE RESA Power