Bolton, Ontario-based Husky Technologies CEO John Galt will transition to the role of chairman and Bradley Selleck will become CEO of the injection molding equipment supplier effective Oct. 1.
The management change is part of an orchestrated plan to position the 71-year-old company for growth while maintaining continuity and stability through the transition, according to Husky officials.
The management transition marks a new chapter for Husky, Louis Samson, co-president of owner Platinum Equity, said in a news release.
Husky, a portfolio company of the private equity firm, services mostly the beverage, consumer goods and medical device markets.
"John has been preparing the company for this for several years and I commend him and the team for taking such a thoughtful and deliberate approach," Samson said. "Brad is a uniquely talented executive and key architect of the company's current operating model. He has made a material and multi-faceted contribution to Husky since joining approximately three years ago and has proven beyond any doubt that he's up to the task and ready to take the reins."
Galt, who had been CEO since 2005, joined Husky in 1985 and has played a pivotal role growing the business from its early days as a founder-led creative enterprise into a global industrial leader.
In recent years, Galt has been working with Selleck and the management team to improve Husky's go-to-market capabilities and focus more on essential markets and the aftermarket.
Under Galt's guidance, Husky also took a more active role in advocacy, setting industry standards and influencing sustainability policies worldwide.
Galt said: "Leading Husky has been one of the greatest honors of my career. Over the last 19 years as CEO, I have seen this company evolve into a global leader, driven by our relentless pursuit of innovation and our commitment to making a positive impact on the world."
Galt also said Selleck's appointment positions the company for future growth.
"Since joining Husky, Brad has been instrumental in this journey, particularly in establishing a more resilient and industrialized operational model that sustained Husky through the challenges of the COVID crisis, but also by garnering the respect of Husky's key constituents from the boardroom to the shop floor," Galt said. "I have complete confidence in Brad's leadership and am excited to see him drive Husky forward as CEO."
Selleck, who is currently chief operating officer, joined Husky in 2022. He has more than 25 years of leadership experience in operations, supply chain and quality as an executive for global industrial organizations.
As CEO, Selleck said he will continue to focus on Husky's strategic priorities while emphasizing sustainability, innovation and customer success.
"I am thrilled to take on the role of CEO," Selleck said. "Husky's commitment to sustainability and innovation aligns perfectly with my own values, and I am excited to lead our incredible team as we continue to build on the solid foundation that John has established. I look forward to driving our strategy forward focused on delivering profitable growth by providing tangible value to our customers."
In his role as chairman, Galt will continue to be an outspoken advocate for advancing sustainability practices across the industry. He will also be available to the leadership team.
Galt has been a transformative figure at Husky, driving the company to new heights and laying the foundation for the road ahead, according to Delara Zarrabi, managing director at Platinum Equity.
"He worked tirelessly to build high-performing teams that embody Husky's core values and he's fostered a culture where people are driven to be the best in the industry," Zarrabi said. "Brad is well prepared to carry on that tradition and we look forward to partnering with him on the next phase of Husky's journey."