MACEDONIA, Ohio, June 27, 2022--(BUSINESS WIRE)--Trexon, a portfolio company of Audax Private Equity, announced the appointment of Mark Twaalfhoven to the position of President and CEO, effective June 13, 2022.
Don Bramley, Managing Director at Audax, commented, "We are thrilled to gain a high caliber executive with a strong track record and more than 25 years’ experience in the electronic components, cable assembly and connector industry. His focus on profitable growth and accelerating strategic execution will help Trexon continue its aggressive growth path."
Mark Twaalfhoven has an extensive technology and operations background, and was most recently the CEO of Pulse Electronics, where he led significant enhancement and expansion of the company. Prior to that, he served as CEO of Teleplan International, currently known as Reconext, a company servicing electronic devices. He also led the development of Amphenol in Asia as well as the computer and communication devices markets. Twaalfhoven holds a master’s degree in Industrial Engineering from Stanford University, a bachelor’s degree in Mechanical Engineering from Purdue University and completed the Harvard Business School Advanced Management Program.
"The global interconnect and cable solutions markets continue to grow and Trexon is well positioned to lead with its strong portfolio of cable, cable assembly and connector solutions. I look forward to making a major impact to drive growth and profitability while delivering significant value to our customers," said Mark Twaalfhoven.
Concurrently, Jeff Crane, the company’s President and CEO since 2016 has transitioned into the role of director on the company’s board.
Jeff Crane, commenting on the transition, stated, "This announcement represents the culmination of an orderly and thoughtful succession plan between myself and our board. We are delighted to welcome Mark to the Trexon team and are confident that his years of experience in connectivity and electronics will benefit the company as it accelerates its growth in the coming years. I look forward to supporting him in my new role as a member of the board."
Mr. Bramley continued, "On behalf of everyone at Audax Private Equity, we want to thank Jeff for all that he has done for Trexon over the course of the last six years and we look forward to his continued support as he transitions to the board of directors."
About TREXON: Founded in 1979, Trexon is a leading designer and provider of high-performance wire, cable, connectors, assemblies, and accessories used in harsh, high cost-of-failure environments. Trexon’s products are designed to exceed customer performance specifications and withstand.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220624005453/en/