BriskHeat, a provider of flexible surface and immersion heating products, controllers, and insulators, announced the retirement of Domenic Federico after 22 years as president and chief executive officer.
The company named Mike Thompson president and CEO, effective Jan. 1. Thompson has been with the company for 27 years, the last 15 as senior vice president of manufacturing.
During his years at BriskHeat, Federico led the company to tenfold growth. Under his leadership, BriskHeat has expanded from 100 employees to more than 900, based in six countries. In 2018, he led the sale of BriskHeat to Sweden-based NIBE Industrier, a global group of manufacturing companies with more than $3.7 billion in annual revenue and 15,000 employees worldwide.
“The real strength of BriskHeat over the years is in the people and the team we’ve been able to put together,” Federico said. “You must value your people to grow your business. The team we have in place now will forge on and expand, which means continued growth and opportunities for everyone at BriskHeat.”
Thompson brings 27 years of experience with BriskHeat to his new role. He has held key positions in manufacturing and sales. As BriskHeat continues to grow, Thompson will lead the company into its next era, which will include a new production facility in Costa Rica.
“As BriskHeat moves into the future, I believe we’re going to be reflecting on Domenic’s vision,” Thompson said. “We will build on our current success and continue to drive revenue growth. We will accomplish this through further market diversity and expanded customer base applications. My vision for BriskHeat is to be the world’s top, one-stop source for all surface heating solutions, temperature controls, and insulating needs.”
“I leave the company in the best of hands with Mike Thompson,” said Federico. “NIBE is a fantastic partner, so together, I believe they’ll continue to take BriskHeat to new heights.”
Since 1949, BriskHeat has provided a full range of surface and immersion heating solutions used for freeze protection, condensation prevention, flow/viscosity control, vacuum bake-out, composite curing, and temperature process control. BriskHeat’s primary manufacturing facilities and headquarters are in Columbus, Ohio.
MORE INFO www.briskheat.com