Hypertherm Associates Appoints New President, COO
Aaron Brandt has taken on the position of president and chief operating officer, and the company plans for him to succeed current CEO Ryan Smith at the end of the year.
Hypertherm Associates has announced that Aaron Brandt, EVP of technology, will succeed Evan Smith, CEO, upon Smith’s planned retirement at the end of 2024.
Brandt will reportedly become the third CEO since Hypertherm Associates’ founding in 1968, following the leadership of co-founder Dick Couch, CEO from 1968-2014, and Evan Smith, who succeeded Couch.
During 2024, Smith will continue in his role as CEO, while Brandt takes on the position of president and chief operating officer (COO). This transition year will include staged transfer of strategic leadership responsibilities as well as recognition of Smith’s tenure.
Brandt earned bachelor’s and master’s degrees in mechanical engineering from Penn State University. He joined the company 25 years ago, starting as a research and design engineer and progressing to both engineering and business leadership roles. Brandt has served as general manager for the heavy industrial plasma business and as executive leader for the software, waterjet and laser consumables businesses. In 2019, he founded the Hypertherm Ventures practice as a component of the company’s advanced manufacturing technology development strategy. In addition to functional and business leadership, Brandt has spent the past 10 years on the Executive Management Team serving as EVP of technology, where he has focused on shaping and executing the company’s core technology roadmap while leading the company’s digital and technology growth strategies.
“Each leader brings new perspective and energy, and Evan’s influence has successfully advanced the Hypertherm Associates vision to produce long-term benefits for our customers, our associate owners and the communities in which we operate,” says Dick Couch, co-founder and board chair emeritus. “I am deeply grateful to Evan for taking that vision to heart and leading with great confidence.”
Smith joined the company in 1992, was named president in 2012, and has served as CEO since 2015. He has led the company through growth, global expansion, establishment of 100% associate ownership and the strategic development of Hypertherm Associates as a multi-technology industrial cutting solutions leader. As he shared with the global workforce of associate owners, “We have ambitious strategies underway that we will continue to execute with pace. Hypertherm Associates is strong and will continue to flourish.”
