ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Mayville Engineering Company, Inc. Announces Appointment of Rachele Lehr as Chief Human Resources Officer

Mayville Engineering Company (NYSE: MEC, the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a full suite of services from concept to production, today announced the appointment of Rachele Lehr as the Chief Human Resources Officer, effective March 13, 2023. Lehr will report directly to President and Chief Executive Officer, Jag Reddy, and will lead the Company’s Human Resources strategy, including, talent acquisition, talent development, total rewards, change management, employee engagement, and improvement of the overall HR operating system.

Lehr brings to MEC a decade of human resource leadership experience within the machinery and manufacturing industry. Throughout her career, Lehr has been integral in leading strategic transformations within large manufacturing organizations.

“We are pleased to welcome Rachele to MEC’s executive leadership team,” said Jag Reddy, President and CEO of Mayville Engineering Company. “Rachele is an experienced executive with a track record of building and leading impactful teams in both Human Resources and other functions. She will play a crucial role in improving the recruitment and retention of critical talent and will drive strategic transformation, as we execute MEC’s long-term growth strategy.”

“I am excited to join the MEC team during this period of strategic business transformation,” stated Lehr. “MEC is a high-performance, employee-driven organization, with a team committed to long-term value creation. I look forward to contributing to this next phase of organizational growth.”

Previously, Lehr was the Senior Vice President of Human Resources and Administration for Briggs & Stratton. She spent nearly 15 years at Briggs & Stratton, joining as a member of the internal audit team in 2008 followed by finance and human resources roles of increasing scope and complexity. In 2015 Lehr became the Vice President of Human Resources where she led a strategic transformation and alignment of the HR function, which included succession planning, implementation of performance-based compensation structures, human resources information systems and other associated process improvements. Prior to joining Briggs & Stratton, Lehr was a Sales Controller for Bar-S Foods from 2005 to 2008. Lehr began her career with PricewaterhouseCoopers, LLP in 1999 where she held various roles in the firm’s audit practice working with multi-national and domestic organizations across a variety of different industries.

Ms. Lehr holds a Bachelor of Science in Business Administration with a Major in Accounting from Marquette University.

ABOUT MAYVILLE ENGINEERING COMPANY

Founded in 1945, MEC is a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly and aftermarket components. Our customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction & access equipment, powersports, agriculture, military, and other end markets. Along with process engineering and development services, MEC maintains an extensive manufacturing infrastructure with 20 facilities across seven states.

MEC produces metal components that are used in a broad range of heavy- and medium-duty commercial vehicles, construction, powersports, agricultural, military and other products. For more information, please visit www.mecinc.com.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements that reflect plans and beliefs. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause MEC’s actual results and performance to be materially different from any future results or performance, including, among others, the risk factors described in our reports filed or expected to be filed with the SEC. Any forward-looking statement or statement of belief speaks only as of the date of this press release. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contacts

INVESTOR RELATIONS CONTACT

Stefan Neely or Noel Ryan

(615) 844-6248

MEC@val-adv.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.