Tronair, Inc., a portfolio company of Golden Gate Capital, today announced the appointment of Paul Schwarzbaum as Chief Executive Officer, effective immediately. Schwarzbaum succeeds Harley Kaplan, who has retired.
Schwarzbaum has over 30 years of business leadership experience in publicly-traded and privately owned manufacturing companies. Most recently, Schwarzbaum was President and CEO of GT Technologies, Inc. (“GTT”), an international supplier of automotive engine components. During his six-year tenure, Schwarzbaum oversaw the transformation of this business into a highly profitable industry leader by improving GTT’s operational performance, generating new business opportunities, and overseeing the development and issuance of new intellectual property.
Robert Kirby, a Tronair Board member and Managing Director at Golden Gate Capital, said, “Paul is a hands-on leader with a strong operational background, deep understanding of the manufacturing industry, and proven ability to accelerate growth and drive innovation. He has extensive leadership experience across multiple functional areas and brings a long track record of successfully managing and enhancing complex businesses. We are grateful for Harley’s service to Tronair and appreciate his significant contributions, which have set a foundation for growth. Looking ahead, we are confident in Tronair’s ability to achieve its growth ambitions with Paul at the helm.”
Schwarzbaum said, “Tronair is a highly respected industry leader with a strong market position and an outstanding team. It is an honor to join the Company at a time when it is poised for significant growth and expanding the valuable products and services it delivers to its customers. I look forward to working closely with Tronair’s management team and Golden Gate Capital as we build upon Tronair’s success.”
Prior to joining GTT, Mr. Schwarzbaum served as a general manager at leading global manufacturers, including Zebra, Corning, and IDEX, managing various industrial and commercial product businesses. Mr. Schwarzbaum earned a BA from Columbia University and an MBA from Harvard Business School.