Broadwind Energy appoints two to board
CICERO - Broadwind Energy has appointed Persio V. Lisboa and Cary B. Wood to its board of directors.
Lisboa, 50, is president, operations of Navistar, a Lisle-based manufacturer of commercial trucks, buses, defense vehicles and engines, a role he has held since November 2014. Lisboa has been responsible for global manufacturing, research and development, procurement and supply chain operations for Navistar. He has restructured the manufacturing footprint and processes to improve productivity and margins, boosted product quality and restructured the product development program with a focus on new product launches.
He joined Navistar in 1986 and has held various management positions of increasing operations and supply chain responsibility within Navistar's North American and South American operations. Lisboa began his career with Maxion International Motores Brasil, after receiving a bachelor of science degree in business administration with a marketing specialization from Pontificia Universidade Catolica de Sao Paulo.
Wood, 49, served as president and chief executive officer of Schaumburg-based Sparton Corp. from 2008 to 2016. Sparton is a provider of complex electronics for a broad range of medical, avionics, industrial and defense product sectors. During Wood's tenure, Sparton's revenue nearly doubled through a combination of organic growth and a series of acquisitions. Over that time, the company expanded its profitability consistently. Wood deployed corporate-wide lean enterprise and quality strategy programs to drive continuous improvement and operational efficiency, improving shareholder returns. Prior to Sparton, Mr. Wood held various roles of increasing responsibility, including interim Chief Executive Officer and Chief Operating Officer, for Citation Corporation (now known as Grede Holdings, LLC). Wood began his career with General Motors, followed by a move to United Technologies. He received a bachelor of science degree in technology from Purdue University, a master of science degree in industrial operations from Lawrence Tech University, and a master of business administration degree in finance from Loyola University-Chicago. Wood recently joined the board of directors of Vishay Precision Group, a designer, manufacturer and marketer of resistive foil technology, sensors, and sensor-based systems to niche, industrial applications.
"Persio's extensive operational, supply chain and logistics experience will be an invaluable asset to Broadwind," said Broadwind Interim CEO Stephanie Kushner. "Cary's broad experience in executive management, operations, corporate turn-arounds, and corporate growth strategies will strengthen our ability to execute on our business strategies."
Broadwind Chairman Dave Reiland added the two "bring a wealth of industrial operations and business expertise to our Board, and we are pleased to announce the addition of these two outstanding leaders."