CEO Today USA Awards

CALIFORNIA 29 www.ceotodaymagazine.com CEO Today USAAwards 2017 Founded in 1849, Ducommun is the oldest company in California. Evolving from a hardware supply store opened by Charles Ducommun in Los Angeles during the California Gold Rush, the company assisted in the birth of the aerospace industry in Southern California by providing aircraft aluminum to early aerospace pioneers like Lindbergh, Douglas and Lockheed. Today, Ducommun is a global provider of innovative manufacturing solutions for customers in the aerospace, defense and industrial markets. We specialize in two core areas – Electronic Systems and Structural Systems – to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications. Our company is organized to leverage our full spectrum of capabilities through common, companywide processes and value-added services like new product introduction, supply chain strategies, and program management that create value for the customer andto facilitate ease of doing business. The Ducommun Way Ducommun is guided on its journey to growth by the Ducommun Way, our internal operating methodology for executing successfully, solving problems effectively and finding better ways of serving our customers through a combined focus on operational excellence, organizational development and profitable growth. The Ducommun Way is defining our path for providing the innovative solutions and services our customers require while finding new and untapped ways of growing. www.ducommun.com FIRM PROFILE ABOUT STEPHEN G. OSWALD As president and chief executive officer of Ducommun, Stephen G. Oswald oversees the strategic direction of the company. With more than 30 years of experience in high growth and turnaround ventures, Oswald is leading Ducommun’s effort to pursue both organic growth and targeted acquisitions. He has demonstrated strong leadership and a successful track record in both large cap multinational public companies as well as global private equity environments. He has also been recognized as one of the top organic growth leaders in the U.S. and is known for his value based leadership approach in developing organizational excellence. Oswald joined Ducommun in 2017. Previously, he served as the chief executive officer of Capital Safety, a former Kohlberg, Kravis and Roberts (KKR) portfolio company, where he grew revenue 23 percent in just three years and significantly increased operating margins culminating in the sale of the business to 3M for $2.5 billion in 2015. The sale to 3M was one of the top transactions in the private equity markets that year and resulted in a $1.8 Billion return for investors and management in only a 40 month investment period. Oswald honed his leadership during his 15 years with United Technologies Corp. (UTC), where he held progressively responsible roles, including president of the Hamilton Sundstrand (HS) Industrial Division. He led this division to over $1 billion in revenue for the first time and achieved strong EBIT growth during his tenure. Oswald also served as president of Sullair, a subsidiary of the HS Industrial Division, and as director of operations for Pratt & Whitney Power Systems, among other leadership roles. During his tenure at UTC, Mr. Oswald drove operational excellence and commercial success across each organization – strengthening the organization - reducing waste and increasing productivity - and implemented initiatives to improve the sales channel, supply chain management, product development, and customer service. Oswald began his career with GE and also held positions at Hoechst Celanese. Oswald holds an MBA from the University of Chicago. He earned a master’s degree in industrial engineering from the University of Cincinnati and a bachelor’s degree from the New York University (NYU) Tandon School of Engineering. He also is a graduate of the GE Manufacturing Management Program (MMP). He is a current member of the World President Organization. In his last role at Capital Safety, Oswald developed a partnership with the Twin Cities Habitat for Humanity to provide equipment and training for the organization. Ducommun Incorporated delivers value-added innovative manufacturing solutions to customers in the aerospace, defense and industrial markets. Founded in 1849, the company specializes in two core areas – Electronic Systems and Structural Systems – to produce complex products and components for commercial aircraft platforms, mission-critical military and space programs, and sophisticated industrial applications. STEPHEN G. OSWALD President and Chief Executive Officer at Ducommun Incorporated