Kevin Hostetler has been appointed as Chief Executive Officer (CEO) of Rotork, which will take effect March 12, 2018. At that time Martin Lamb, who is the current CEO, will revert to his role as non-executive chairman.
From 2014 to 2017, Hostetler was CEO of Velocitel. Prior to that, he was an executive advisor to private equity firms, CEO of a speciality valve manufacturer and executive chairman of an engineered high-pressure vessel company.
Lamb has commented, “Kevin has an impressive track record of delivering profitable growth in a number of highly respected and innovative global engineering businesses, with significant experience in the flow control sector. He adopts leading edge practices and processes honed at Ingersoll Rand and has delivered transformational growth for shareholders at IDEX Corp, a flow control business with highly engineered products and strong customer service requirements serving similar end markets to Rotork. Kevin has recently concluded a successful exit after leading a three-year turnaround at FDH Velocitel, a private equity backed telecoms business in the US, and will relocate from Chicago to Bath. We look forward to welcoming Kevin to Rotork.”