RTI, a global manufacturer of control and automation products, has announced the appointment of Mark Derus as the company’s new chief executive officer (CEO). Derus will focus on driving business growth globally and expanding the company’s commercial market presence.
As part of his duties, Derus will continue to build on the initiatives RTI has implemented over the past three years, including three-year warranties, training programs, and the creation of a global Dealer Experience team.
After laying the groundwork for these initiatives, former CEO Ed McConaghay decided it was time for a leadership transition but will remain with the company in an advisory role.
“Mark has an extensive background in leading technology-driven companies, combined with finance and business development expertise,” states Kevin Marty, chief technology officer and co-founder, RTI.
“His track record of leadership at RTI and other successful companies made Mark the obvious choice to take over the CEO role.”
Acting as the chief financial officer (CFO) at RTI since 2017, Derus has a long history of successfully executing business strategies, leading mergers and acquisitions, partnering with key businesses, and guiding companies through overall business growth. With a background in technology, finance, and accounting, Derus has held the title of CFO, as well as other executive positions, for NetSPI, Quantum Retail Technology, Spanlink Communications/ ConvergeOne, IDeaS Revenue Optimization, and Visual Circuits.
“As a team, our focus is on being the best control solution for professional integrators. Over the past couple years, we’ve made big strides to accomplish this goal,” notes Derus.
“Moving forward, we will continue to innovate by listening to our customers’ needs and work hard to provide them with world-class products and support.”
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our digital newsletters!