He was Non-Executive Director of Fiberweb plc during 2013, Mouchel Group from 2013 to 2015, WANdisco plc from 2012 to 2016, Babcock International Group from 2010 to 2020 and SIG plc from 2017 to 31.01.2021. The Bodycote name is most closely associated with heat treating but I know that your Hot Isostatic Pressing Division is very successful. Our large investments in China and India demonstrate how seriously we take these areas. CEO of Linpac Group and Klckner Pentaplast Group from 2015 to 2019 and CEO of Fiberweb plc from 2006 to 2013. A new management office has been opened just outside of Geneva where a number of senior managers are based, though we have regional headquarters in Dusseldorf, Germany; St Priest, France; Prague, Czech Republic and Dallas, Texas.. Dans North American Automotive and General Industrial (AGI) business now reports to Tom Gibbons. This would include long working stints in the Chicago area and Buffalo, in several cases running the North American operations of UK companies. The facility investment is part of Bodycote's strategy for further expansion in the USA. If a plant does well it is down to the GM. Welcome to Cronite Cronite Group Better by design (cronite-group.com). Results Revenues up 7.1% at constant currency to 615.8m (organic revenues up 5.2%) Headline operating margin at 15.4% (2020: 12.6%) Free cash flow of 105m Qualifications: Chartered Engineer, graduated from Cambridge University, Masters degree in business administration from the University of Chicago, Booth School of Business. One of our favorite questions when doing an interview is to ask how each individual got involved in heat treating. Even though Karl-Michael is based in Germany he has had a definite impact on the North American heat treating industry due to the fact that he is head of R & D for Nitrex Metal. While we have substantial assets in Brazil this is a country where the ups and downs of the economy make it difficult to know what is going to happen.. In retrospect was this a good decision? Stephen Harris - Chief Financial Officer - BT Consumer; Stephen Harris - President - Blue Cross & Blue Shield of Illinois; Stephen Harris - Director, Investments - Brandywine Realty Trust The end result is that virtually all brake rotors in the world are processed in a similar manner, Terry Woodworth and his team are the people responsible. Instead, we reorganised the company. Geoffrey Somary, CEO Ipsen Group. Those decisions included hiring the best people both from in the industry and outside for the right positions, ensuring that we were extremely responsive to customers needs, that wherever possible we operated on a 24/7 basis in our plants and that what we were offering the customers was the right fit for both them and Bodycote. Certainly we at The Monty would agree that Bill deserves to be on this list. We will miss Dan tremendously. Gord, we expect to see several very exciting new things happening in the next twelve months in both our Classical Heat Treatment business and our Specialist Technologies. A large investment in Asia means less investment for plants in the US (and new heat equipment is a large investment) which translates into more outsourcing in North America which is of course a good thing for us.. William Bill Andreski, President MetConsult LLC. BEng, Electronic and Information Engineering from Queens University Belfast. Serving some of the biggest names in the aerospace and automotive industries, the company runs 187 facilities, spread across 24 countries worldwide. Qualifications: Graduated with a BSc in Mathematics from Concordia University, Montreal followed by an MBA from INSEAD, Fontainebleau. We spoke earlier about the lower developed countries in Eastern Europe, Mexico and China which clearly offer good growth, albeit at high risk. That being said, which geographic areas of the world do you see as offering the largest growth potential to your company? Stephen Harris, Group Chief Executive, and Dominique Yates, Chief Financial Officer, introduce Bodycote, our strategy, and business model What other geographic areas do you see as particularly of interest to you? With your permission I will refer back to that original interview for our answer: I was trained as an electrical engineer but along the way I acquired a business degree from the University of Chicago. Dan Herring, who is most well known as The Heat Treat Doctor, has been in the industry for over 45 years. Mark is like many in the industry in that he was literally born into it by following in his fathers footsteps. We have traced heat treating back to 800 BC which means nothing is new in the industry and yet on the other side of the coin it is not a particularly mature industry in that there remains a lot that can be improved upon and modernized. His focus is on helping to develop and promote new technologies and markets that will expand the field of induction heat treating and was recently awarded the title of Fellow of ASM International for his contributions to the field. You cannot say that one particular process is more profitable than another as there are a number of different factors that come in to play such as local demand. Accounts. It is a dangerous temptation to keep adding technologies to a single plant. With global sales approaching $1 Billion USD Bodycote is the only truly global commercial heat treater and the company dwarfs all others in their industryThe leading provider of heat treatment and specialist thermal processing services worldwide Bodycote plcStephen has now very successfully lead the company for the past 12 years, 12 years during which the company has invested in new technologies, entered new markets and exited old ones. Bluewater is one of the largest commercial heat treaters in North America with a total of 12 locations around the USA. This is a statistic that is almost impossible to measure accurately. He has been a co-author of over 100 papers and presentations on the induction heating technique, co-authored a chapter in the Handbook of Metallurgical Process Design, and two articles in the recently released ASM Handbook Volume 4C. He has been the recipient of numerous awards and honors including the George H. Bodeen Heat Treating Achievement Award and was elected to the Class of Fellows for ASM International. Stephen Harris - Group Chief Executive Appointed: November 2008 and Chief Executive from January 2009 Past roles: Spent his early career in engineering with Courtaulds plc and then moved to the USA to join APV Inc from 1984 until 1995, where he held several senior management positions. Originally from France he has enormous knowledge of vacuum carburizing and was instrumental in introducing acetylene to the process. We avoid some technologies. Of course, its our size and number of facilities that allows us to achieve these economies of scale.. Current positions of Stephen C. Harris Qualifications: Bachelors Degree in Engineering from the University of Cambridge. Recently we had the opportunity to interview Mark, an interview which can be found at. Highlights. The company was incorporated in 1995, floated on the Alternative Investment Market in 1996, and listed on the London Stock Exchange in November 1998. Tom comes from an aerospace background and has had his present position for over 7 years. Stephen Harris / Bodycote This past week we were fortunate enough to catch up with Mr. Stephen Harris, CEO of the world's largest commercial heat treater, UK based Bodycote. We have always had great heat treaters in the business but we have made great strides in injecting operational skills. Credit Suisse Securities (Europe) Limited and Jefferies Hoare Govett, Case hardening with subsequent hardening operation, Case hardening without subsequent hardening operation, Fluidised bed/salt bath nitriding/nitrocarburising, Precipitation hardening: Stainless steels, Sub-critical annealing / intercritical annealing, Powdermet Selective surface net shape (SSNS), Anti-Slavery and Human Trafficking Statement, Recent and relevant financial experience, Environmental, including climate change. Our margins run at about 19% these days as an average across the business, whereas back in 2008, before the great recession, they peaked at around 13%. Is this still the case? As the Group Chief Executive and Executive Director of Bodycote Plc, the total compensation of Stephen Harris at Bodycote Plc is GBX2,156,000. Stephen C. Harris serves as Group Chief Executive, Executive Director of the Company. Bloomberg Daybreak Asia. We would estimate that 80% of heat treating in the world is captive and we dont see this number dramatically changing. Wood's Ark Invest nearly liquidates Silvergate Capital position, Musk bets big on beating shareholders at 'funding secured' trial, Investor Peltz, corporate doctor, pushes Disney to take bitter pill, BYD's Shares Fall After Warren Buffett Cuts Stake in Company Again, Shares of Ant-controlled companies, Alibaba rise after Jack Ma gives up control, Arnault tightens family grip on LVMH as daughter becomes Dior CEO, Circles: Another Bayer investor wants to split up - share price rises, Credit Suisse nears deal to buy Michael Klein's advisory firm - Bloomberg News, Investor Fundsmith accuses Unilever of 'virtue signalling' and prioritising Peltz, Cucinelli tops forecast with near 30% sales jump in 2022, Group Chief Executive Officer & Executive Director. Mr. Stephen Harris, CEO, Bodycote Plc. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy. Interactive Investor. Daniel spent his early career at Novar plc until 2005 and prior to that worked at ICI and management consultant, Arthur D Little. External roles: Non-Executive Director of EMIS Group since 2014 and Chair of the Audit Committee since 2019. develops and manufactures products for the metal treating industry. 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