Ottomotores Appoints Ricardo Navarro as Managing Director
December 22 2014 - 11:40AM
Business Wire
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.
Cramer-KrasseltHeather Gaedtke,
414-227-3505hgaedtke@c-k.comorJulie Ferris,
414-227-1533jferris@c-k.com
Generac (NYSE:GNRC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Generac (NYSE:GNRC)
Historical Stock Chart
From Apr 2023 to Apr 2024