WAUKESHA, Wis.--(BUSINESS WIRE)--Dec. 22, 2014--
Ottomotores S.A. de C.V. (“Ottomotores”), a wholly owned subsidiary of
Generac Power Systems, Inc. (“Generac”), is pleased to announce the
appointment of Ricardo Navarro as Managing Director of Ottomotores. Mr.
Navarro recently joined the executive leadership team of Generac as
Senior Vice President with responsibility for the company’s business
activities in Latin America.
Founded in 1950 and headquartered in Mexico City with over 350
employees, Ottomotores is a leading manufacturer in the Mexican market
for industrial diesel gensets ranging in size from 15kW to 3200kW, and
is a significant market participant throughout all of Latin America.
“As an experienced leader, Ricardo is the ideal person to lead the
growth and development of our business in Latin America, which is a key
part of our corporate strategy,” said Aaron Jagdfeld, President and CEO
of Generac.
Mr. Navarro stated, “It is an honor to take on this new role as leader
of Generac and Ottomotores in Mexico and throughout Latin America. With
Generac’s position as a market leader in the power generation industry,
Ottomotores’ sixty plus years of trusted knowledge and experience
serving the power generation needs of customers throughout Mexico and
Latin America, and the excellent team of people we have, we will
continue to innovate and transform the business to constantly seek ways
to better improve the products and services offered to our customers.”
With over 15 years of experience in the power generation industry,
Ricardo has held executive positions with various multinational
companies, where he has proven successful in building strategic
alliances, strengthening customer relationships, developing effective
teams, and achieving sustainable sales growth.
Mr. Navarro is a graduate of Escuela Técnica Superior de Ingenieria
Industrial de Cartagena, Espana. He obtained a Master’s in Business
Administration at the ENAE Business School of Spain, and graduated from
the Advanced Management Program at Harvard Business School.
About Generac (NYSE: GNRC)
Since 1959, Generac has been a leading designer and manufacturer of a
wide range of generators and engine powered products. As a leader in
power equipment serving residential, light commercial, industrial and
construction markets, Generac's power products are available through a
broad network of independent dealers, retailers, wholesalers and
equipment rental companies. The company markets and distributes its
products primarily under its Generac and Magnum brand names. For more
information on Generac and its product line, visit www.generac.com
Become a fan on Facebook at www.facebook.com/generacpowersystems.
Follow Generac on Twitter @generac.
Source: Generac Power Systems, Inc.
Cramer-Krasselt
Heather Gaedtke, 414-227-3505
hgaedtke@c-k.com
or
Julie
Ferris, 414-227-1533
jferris@c-k.com
