Bourn & Koch, Inc. recently announced that Terry V. Derrico has been named president of the company. Joining him in senior management are Kerry Koch as CFO, Greg Champion as the vice president of sales and marketing, and Peter Mischler as the engineering manager.
Derrico, who was most recently the president and CEO of United Grinding North America, brings over 30 years of relevant industry and leadership experience to Bourn & Koch. He has a track record of growing profitable businesses by addressing customer needs and managing complex manufacturing operations.
From left to right: Greg Champion, vice president of sales and marketing; Kerry Koch, CFO; Peter Mischler, engineering manager; and Terry V. Derrico, presidentPrior to joining Bourn & Koch, Derrico was a group president within the Industrial Group at the Marmon Group LLC, a division of Berkshire-Hathaway, Inc., and president and CEO of SIG-Pack Inc. He also spent 10 years at GE Fanuc as the national sales manager where he built significant growth and developed key markets in North America.
Koch brings more than 30 years of financial experience to the company. His background includes a heavy concentration in highly engineered equipment as well as significant experience in mergers and acquisitions. Most recently, he was the CFO of Elgin Equipment Group, LLC. Previously, he was the interim CFO and corporate controller of Paladin Brands.
Champion brings with him a wealth of sales and marketing experience from his tenure with Rockford-based Hennig, Inc., a leader in machine tool protection products. Champion is also the former vice president of sales for Mattison Technologies Co. Bourn & Koch, Inc. is the OEM for Mattison and continues to produce Mattison machine tool products, replacement parts, machine rebuild, and repair services. His knowledge of the machine tool industry will be invaluable as Bourn & Koch grows.
Mischler previously worked as the development engineering manager at Fives-Cincinnati and worked for Ingersoll Machine Tool. His engineering background and drive to innovate allows Bourn & Koch to continue their tradition of producing enhanced machine tool designs and products within the metalworking industry. Mischler holds eight U.S. patents created for machine tool applications.
Derrico said that he is excited to work with this talented and experienced management team that has set the objectives to grow the company’s key products and segments while expanding Bourn & Koch’s core competence to the global manufacturing market.
FOR MORE INFORMATION: bourn-koch.com
