Harold Beck & Sons Appoints William T. Fejes Jr. as New CEO, Emphasizing Employee Ownership and Innovation

Business News

NEWTOWN, PA — Harold Beck & Sons Inc. has announced William T. Fejes Jr. as its new Chief Executive Officer, succeeding Douglas C. Beck, who is retiring after 28 years at the helm. Fejes, a seasoned leader with a robust background in engineered mechanical and electronic products, aims to guide the company towards expanding its market presence and fostering innovation.

Fejes brings a wealth of experience, having held senior positions in companies such as Lean Focus and Pacific Scientific Motion Technology, as well as CEO roles at Danaher Motion and TB Wood’s. His career is marked by a strong focus on sustainable growth and Lean practices, which he plans to leverage at Harold Beck & Sons.

Douglas C. Beck, who established an Employee Stock Ownership Plan (ESOP) in 2021 and transferred full ownership to the employees, will remain as chairman. Reflecting on the transition, Beck stated, “Bill is a great addition to the Beck team and will use his experience to guide us in developing new products and markets, improve our processes, and deliver outstanding value to our customers and employee-owners.”

Expressing enthusiasm about his new role, Fejes said, “I want to thank Doug and the board for giving me the opportunity to join the Beck team and help the company continue its successful trajectory into the future. I am excited to become part of an employee-owned, built-in-the-USA business that manufactures superior products and provides outstanding service to its customers.”

Under Fejes’ leadership, Harold Beck & Sons aims to continue its legacy of innovation and exceptional service, driven by its unique employee ownership model. This transition marks a new chapter for the company, focusing on growth and development while maintaining its commitment to quality and customer satisfaction.

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