Hypertherm Associates Announces Leadership Transition: Aaron Brandt to Lead the Charge into a New Era of Innovation and Excellence

Hypertherm Associates has officially announced a significant leadership transition, setting the stage for a new era in its storied history. Aaron Brandt, currently the Executive Vice President of Technology, is set to succeed Evan Smith as the Chief Executive Officer upon Smith’s planned retirement at the end of 2024.

This move marks a pivotal moment for Hypertherm Associates, with Aaron Brandt poised to become the third CEO in the company’s illustrious journey since its founding in 1968. The lineage of leadership includes the pioneering efforts of co-founder Dick Couch, who served as CEO from 1968 to 2014, followed by Evan Smith, who succeeded Couch.

Throughout 2024, Evan Smith will continue in his role as CEO, overseeing the ongoing operations and strategic initiatives, while Aaron Brandt assumes the position of President and Chief Operating Officer (COO). This transitional year is designed to facilitate a staged transfer of strategic leadership responsibilities, allowing for a seamless shift in the executive leadership team. It also serves as an opportunity to recognize and celebrate Evan Smith’s impactful tenure with the company.

Aaron Brandt, an alumnus of Penn State University with both bachelor’s and master’s degrees in mechanical engineering, brings a wealth of experience and a proven track record to his new role. His journey with Hypertherm began 25 years ago, starting as a research and design engineer and progressing through various engineering and business leadership roles. Brandt has held crucial positions such as General Manager for the heavy industrial plasma business and Executive Leader for the software, waterjet, and laser consumables businesses.

In 2019, Brandt further demonstrated his commitment to innovation by founding the Hypertherm Ventures practice, aligning with the company’s advanced manufacturing technology development strategy. Over the past decade, he has served on the Executive Management Team as EVP of technology, focusing on shaping and executing the company’s core technology roadmap while leading digital and technology growth strategies.

Dick Couch, co-founder and board chair emeritus, expressed his gratitude to Evan Smith, acknowledging his instrumental role in advancing the vision of Hypertherm Associates. “Each leader brings new perspective and energy, and Evan’s influence has successfully advanced the Hypertherm Associates vision to produce long-term benefits for our customers, our associate owners, and the communities in which we operate.”

Evan Smith, who joined Hypertherm in 1992, assumed the role of President in 2012 and has been the CEO since 2015. His leadership has been marked by remarkable achievements, steering the company through periods of growth, global expansion, the establishment of 100% associate ownership, and strategic development as a multi-technology industrial cutting solutions leader. In addressing the global workforce of associate owners, Smith expressed confidence in the company’s future, stating, “We have ambitious strategies underway that we will continue to execute with pace. Hypertherm Associates is strong and will continue to flourish.”

As Hypertherm Associates looks ahead to this leadership transition, it reflects not only a commitment to continuity and stability but also a forward-looking approach to innovation, growth, and sustained success in the ever-evolving landscape of industrial cutting solutions. The change in leadership is poised to usher in a new chapter for the company, building upon its rich legacy while embracing the challenges and opportunities of the future.

Original source www.mmsonline.com

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