Bonfiglioli USA President and CEO Greg Schulte was recently named a finalist in Ernst and Young’s Entrepreneur of the Year awards for South Central Ohio and Kentucky. The Ernst and Young Entrepreneur of the Year Awards recognize business leaders who take their business to the next level and find creative ways to achieve their goals, and build and grow the company.
Schulte was appointed to the position of president in June 2008, and in just under a year he has already quickly proven to be a successful business leader. He oversees the Bonfiglioli Group’s American headquarters located in Hebron, Kentucky, and providing solutions to the industrial, mobile, and renewable energy industries.
Schulte began with Bonfiglioli in 2002 as the national sales manager in the Mobile Solutions Division. In 2007 he became the vice president of sales before being promoted to president. His sales and marketing expertise has led the company to achieve high sales growth in the off-highway OEM and industrial equipment markets, taking revenue from $3.5 million to $74 million in just six years.
Schulte has more than 17 years of experience in the industry and holds a bachelor of science in business management from Ohio State University. As one of 23 Cincinnati-area businesspeople to receive the award, he will be considered for the Entrepreneur of the Year national awards in November.
Bonfiglioli is one of the world’s leading designers and manufacturers of gear motors, drive systems, and planetary gearboxes, and a developer of systems which integrate electronic, hydraulic, and mechanical engineering. The company was founded in 1956 in Bologna and today is Italy’s largest gear manufacturer. It has production plants and branches in 17 countries, a global workforce of nearly 3,000, and annual sales in excess of $1 billion. Bonfiglioli provides solutions and choices of excellence for industrial systems and mobile machinery, as well as innovative renewable energy applications in the wind turbine, solar panel, and bio fuel sectors. For more information please visit [www.bonfiglioliusa.com].
