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Strategic Leadership to Help Barry-Wehmiller Strengthen Culture

By CIOReview | Friday, September 4, 2020
Kyle Chapman. C, President, Mike Monarchi, Chief Financial Officer and Bob Chapman, CEO

Kyle Chapman. C, President, Mike Monarchi, Chief Financial Officer and Bob Chapman, CEO

Barry-Wehmiller's new appointments is the best move to set the organization up for planned growth while strengthening its culture.

FREMONT, CA: Barry-Wehmiller Companies promotes Kyle Chapman to President, joining his father, Robert Chapman, in the leadership of the $3 billion-plus manufacturing and engineering solutions firm. As Kyle steps into a new role after serving as Barry-Wehmillers Interim Chief Financial Officer, the organization welcomes Michael Monarchi as Chief Financial Officer.

Kyles has 20 years of private equity and operating expertise, with both Bank of America and BW Forsyth Partners, to mold 12,000 team members' lives and shape Barry-Wehmiller's next two decades. The blend of the company's experience and skills creates a powerful partnership, as it continues to validate that customers can create economic and human value when they embrace the principles of Truly Human Leadership culture.

After working at Bank of America, Kyle's journey with Barry-Wehmiller began in 2009. His involvement with Barry-Wehmiller continued to grow over the years as he worked as a strategic financial advisor from the company when the COVID-19 pandemic and related global market uncertainty increased shortly after being appointed as Interim Chief Financial Officer, Kyles instincts and actions, in partnership with Barry-Wehmillers senior leadership team, preserving the health of the organization.

Kyle's focus in this new role will be to continue to build upon Barry-Wehmiller's foundation as a dynamic company known for its culture of care, its commitment to validating the trust customers place, and continuing to invest in market-driven innovations while reinforcing that the only way to lead is with people and performance in balance. Barry-Wehmiller couples purposeful organic growth with a focused take over strategy, one that has already acquired more than 110 companies into the organization.

Chief Financial Officer Michael Monarchi comes to Barry-Wehmiller from Eaton, where he served as Vice President of Finance and helped drive financial and operational performance improvements while guiding the firm through a cultural transformation. Monarchi worked for General Electric for about 20 years, and he was drawn to Barry-Wehmillers' impressive growth trajectory and its people-centric culture. Mike is a very forward-looking, operational finance executive who has an incredible track record. He will help visibly connect key strategic goals directly to its financial targets and accelerate many of its longer-term aspirations while bringing a very human element to his role.