Presstek names new president and CEO

Presstek has named Jeffrey A. Beck as its new president and chief executive officer (CEO), who succeeds David Savage who recently transitioned to lead WaterJet Holdings, another portfolio company held by Presstek owner American Industrial Partners.

Jeffrey A. Beck succeeds David Savage at Presstek

Presstek said Beck is a proven executive with a strong track record of driving profitable growth across many technology focused business sectors. He has successfully led high performing teams through journeys that combined strategic planning with best practice execution and financial discipline – ultimately creating valuable and differentiated businesses, the company added.

Prior to joining Presstek, Beck served as chief operating officer for iRobot Corporation and earlier there as president of the Home Robots division. Before joining iRobot, Beck served at Ametek Corporation as senior vice-president and general manager of the Aerospace and Defense division and earlier as vice-president and general manager of the Power Systems and Instruments division.

Beck’s career also includes assignments at Danaher Corporation, where he served as a division president, and Emerson Electric Corporation where he held a series of engineering, sales, and general management positions.

As Presstek’s president and CEO, Beck will drive the company’s strategy and vision for long-term growth and profitability by developing and bringing to market a technologically advanced and innovative product portfolio along with superior technical support and service programs.

Beck said: ‘I am very excited to join Presstek during this stage of its renewal. Presstek has made excellent progress improving operational and financial performance since being acquired by private equity firm AIP in 2012.

‘I look forward to leading Presstek into the next exciting era, investing in research and development and launching new environmentally friendly print system solutions that help our customers remove complexities, chemistry, and waste from their production chain. Our goal is to foster strong customer relationships, achieve sustainable profitability, and enhance our position in the industry.’