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ETC names new CEO
Continuing the 40+ year tradition of strong company leadership, the ETC board of directors has appointed Dick Titus as president/CEO of ETC.
The company is dedicated to maintaining the legacy of its co-founder Fred Foster who passed away earlier this year. As ETC continues to grow and develop, Fred’s people-focused and high quality leadership perseveres. The company remains privately held with an employee stock ownership plan (ESOP) that helps to secure the business as an independent company for the future.
ETC’s objective to continue providing the most innovative products, services and solutions to its markets remains upheld with its new president/CEO. Titus has led the management team at ETC for 17 years as president and five years before that as COO. He started with the company in 1990.
“It’s an honour to lead the executive staff,” Titus says. “Together we have a vast amount of experience serving the people of ETC and our customers. We have a unique culture, and I’m committed to building that for years to come. We have always been a company built on a model of personal responsibility. Our path of consistent growth continues to come from the wide variety of talents of our dedicated staff around the world.”
With a diverse market from architectural to entertainment and rigging systems, ETC achieved stellar revenue growth between 2014 and 2018. In 2017 ETC acquired entertainment lighting company, High End Systems. In 2018 they grew their commercial sales division by completing the acquisition of EchoFlex Solutions and earlier this year, they increased their presence in France when they acquired former partner, Avab Transtechnik France and added a corporate office in Paris. This summer, distribution of the ArcSystem, BluesSystem, and CueSystem products completes the acquisition of these product lines from the UK-based company, GDS.
24th May 2019
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