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SHIFTING GEARS

  • Dealernews
  • Apr 26, 2023

 Bill Canady

 Chera Gibb

 

Stepping in as Arrowhead Engineered Products new Chief Exec is Bill Canady. Transitioning from C-Suite position with Swagelock and most recently Ohio Transmission Corporation (OTC), "Bill has led several organizations to unprecedented growth,” claims Genstar Capital Group, the parent company to Arrowhead and OTC. “He is a proven leader with a track record of driving results through innovation, strong business insights and financial discipline.” 

"I'm pleased to have been chosen to lead Arrowhead, a company with an incredible workforce and loyal customer base,” claims Canady. “With the confidence of the board and in partnership with the leadership team, we will improve our business performance, continue to take market share and deliver long-term value for all our shareholders. I'm confident that our best days are ahead." Speaking of days, "Over the next 100 days, Bill will focus on improving revenue, EBITDA and business performance. The recently announced Global Operating Model is paused as we concentrate on executing the day-to-day basics."

Day #1 Canady named Adam McMahon as CFO. Current CFO Jim Buckelman will stay onboard for six months to ensure a smooth transition. Also lost in the shuffle was Chera Gibb's position as Chief Marketing Officer for Arrowhead Engineered Products. Since doing AEP from BRP where she had been manager of Global Retail Operations & Dealer Marketing and Textron Specialized Vehicles’ director of Marketing & Strategy — Parts & Accessories before that, Gibb had served in a number of C-suite positions and had recently relocated to Boise to focus on FLY, HardDrive and WPS.

 

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