Stellex Capital Management Names David Meyer As CEO of Mc Conway & Torley (M&T) and Standard Forged Products (Sfp)

Aug 05, 2024•11 months ago

Position

Chief Executive Officer

Company

Stellex Capital Management

David Meyer

New YorkFinancial Services

Description

Stellex Capital Management, an affiliate of Stellex, has announced the acquisition of McConway & Torley (M&T) and Standard Forged Products (SFP) from Arcosa, Inc. as well as the appointment of David Meyer as CEO.

Company Information

Company

Stellex Capital Management

Location

New York, New York, United States

About

Stellex Capital Management LP is a private equity firm that invests in middle-market companies in North America and Europe through its offices in New York and London. We seek to identify opportunities where we can deploy capital to provide stability, catalyze operational improvement and foster growth. We work closely with high quality management teams to unlock and enhance the value of the underlying franchise.

Executive Insights

Based on hiring data

New executive impact window

87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

Transformation catalyst

65% of new senior hires launch digital transformation initiatives

Vendor review timeline

New executives typically review existing vendors within 6 months

Related People

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