March 16, 2012 — Safety equipment manufacturer Capital Safety has announced that Stephen Oswald will join the company as its new CEO. For the last fifteen years, Oswald has held various executive roles at United Technologies Corporation, most recently serving as the integration leader for UTC’s acquisition of GE Security. Prior to that, he served as president of the Hamilton Sundstrand Industrial Division and the Sullair Corporation.
“Stephen has a successful and repeated track record of growing top and
bottom lines in industrial markets. Combine this with his strong
organizational and operations background, as well as his high energy
leadership style, and it’s easy to see why we are so optimistic about
our future together,” said Pat Velasco, chairman of Capital Safety. “He
joins us after two excellent years of growth, and the addition of
Stephen to our team sets the stage for continued strong performance
going forward.”
“I am very pleased to be joining Capital Safety and look forward to
continuing the strong customer focus tradition and further expanding the
global footprint,” said Oswald. “Capital Safety is a growing company
with a strong team making a difference in the area of workplace safety
worldwide and I see unlimited potential in the future.”
Oswald will assume the role of Capital Safety CEO effective March 26. He
will be based at Capital Safety’s headquarters, and will oversee the
company’s global operations, which includes 20 manufacturing,
distribution and training facilities worldwide.
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