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February 23, 2022 12:13 PM

Spitale named CEO of Davis-Standard

Catherine Kavanaugh
Staff Writer
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    Spitale

    Giovanni Spitale, a former executive at Boeing Global Services and machine builder Milacron, has been named CEO of Pawcatuck, Conn.-based Davis-Standard LCC, a manufacturer of extrusion and converting equipment.

    Spitale replaces Jim Murphy, who was elevated to vice chairman of the Davis-Standard board of directors.

    The board also has new members with the elections of Brian Marston, Bill Barker and John McGrath.

    The changes come at a busy time for Davis-Standard, which is seeing strength in demand across the globe in end markets for cables for power distribution and communication, packaging, medical, and building and construction products.

    Spitale said he is ready to take over after being responsible for managing the profits, losses and strategic direction of Boeing's $4 billion portfolio of commercial aircraft and engine parts businesses.

    Prior to his time at Boeing, Spitale was president of customer service and support at Milacron, which makes injection molding and extrusion equipment. Milacron is now part of Hillenbrand Inc.

    "Having spent considerable time in the polymer processing and broader capital equipment industries, I have long admired Davis-Standard's leading position in the market, its unmatched engineering capability and the company's reputation as a strong partner to its customers through both original equipment and aftermarket support," Spitale said in a news release.

    "I look forward to working with the Davis-Standard organization to continue to grow the business globally and support our world-class base of customers with differentiated product offerings and services," he added.

    Murphy said he will work with Spitale and the broader board during "this next and very exciting phase of Davis-Standard's long history," which dates back 174 years.

    The board also includes Dan Guthrie, chief operating officer of Davis-Standard, representatives from controlling shareholder Gamut Capital Management, and Marston, Barker and McGrath.

    Marston, who is currently president and CEO of Uniloy, previously was president of the blow molding and extrusion businesses of Milacron while Barker is the former president and CEO of Mold-Masters and McGrath is the former CEO of Pactiv Evergreen.

    Founded in 1848, Davis-Standard offers 11 product lines of extrusion and converting equipment to support plastics processors in a variety of industries that includes automotive and consumer products in addition to construction, medical and packaging.

    Davis-Standard has more than 1,400 employees worldwide and a global network of independent sales agents.

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