News and Press Releases
BHQ Announces Several Executive Changes - 05/02/08
Jim Timble New Chairman of the Board
On March 31, 2008, Jim Timble became Chairman of the Board of Bearing Headquarters Company, and its parent company, Headco Industries.
Timble is a 46 year veteran of BHQ/Headco. Prior to this promotion, he served as the Corporation’s President and CEO.
In his new capacity as Chairman, he will concentrate his activities on company growth, financial development, enhancement of shareholder value, identification of new sales and marketing strategies and Bearing Headquarters’ brand name in the market place.
Rich Harting Becomes President and CEO
On March 31, 2008, Rich Harting became President and Chief Executive Officer of Bearing Headquarters Company, and its parent company, Headco Industries. He succeeds Jim Timble who was promoted to Chairman of the Board.
Harting is a 45-year veteran of BHQ/Headco. Prior to this promotion he administrated the company’s largest sales region, as Senior Vice President.
Rich Harting will also continue to serve as a director of the parent company.
Mike Gricus, Long Time VP of Finance/CFO, Retires
Mike Gricus, Bearing Headquarters Company’s Financial Vice President/CFO for the past 24 years, and a 34-year veteran of the company, retired on April 1, 2008.
Mr. Gricus will continue to be an active member of the company’s Board of Directors.
Paul Cvikota Named New Head of Finance
On March 31st, 2008, Paul Cvikota was promoted to Financial Vice President and Chief Financial Officer of Bearing Headquarters Company and its parent company, Headco Industries. He succeeds Mike Gricus, who retired after 24 years as BHQ/Headco’s CFO.
Prior to this promotion, Cvikota served as the company’s controller. Before joining Bearing Headquarters in 2003, he was employed by Ernst & Young and Duchossois Industries in various financial capacities.
Paul Cvikota has also been elected to the company’s Board of Directors
Jim Kuebler Promoted to VP of GM-West
On March 22nd, 2008 Jim Kuebler, a 39-year company veteran, was promoted to Vice President of Bearing Headquarters Company and its parent company, Headco Industries. He succeeds Raymond Pingalore, who recently retired.
In his new capacity, Mr. Kuebler will oversee the General Markets – West sales region of Bearing Headquarters Company. Previously, he was a Regional Executive Sales Director for General Markets – West.
Mr. Kuebler will also become a member of the company’s Board of Directors.
Bob Wallace Named New VP of GM-East
Bob Wallace, a 27-year company veteran, was most recently promoted to Vice President of Bearing Headquarters and its parent company, Headco Industries. He succeeds Rich Harting, who was promoted to President and CEO.
Mr. Wallace will oversee Bearing Headquarters General Markets – East Sales Division, in which he previously served as a Regional Executive Sales Director.
Bob Wallace will also become a member of the company’s Board of Directors.