Bristol manufacturer says Gregory F. Milzcik is retiring next month as chief executive, and named longtime Barnes operations chief Patrick J. Dempsey to succeed him.
Dempsey, 48, takes the CEO reins, effective this coming Friday.
Milzcik has been CEO since 2006, but will stay on as executive vice chairman until May 3 to help Dempsey and Barnes smooth the leadership transition.
“Patrick Dempsey is a hands-on leader with a proven record of building businesses, strengthening operations, and motivating people,” Barnes Chairman Thomas O. Barnes, said in a statement.
“Greg is leaving the company in great shape with a record year-end backlog and expanding operating margin.”
Appointed senior vice president and chief operating officer barely a year ago, Dempsey has spent the past 12 years with Barnes Group.
Before that, he was a Barnes vice president, overseeing its logistics and manufacturing services operations.
Dempsey joined Barnes in 2000 from Pratt & Whitney Co. to become president of Barnes Aerospace and Windsor Airmotive.
He has an MBA from the University of Michigan and an engineering technology and education degree from Ireland’s University of Limerick.
He also holds various business management and leadership certifications from Harvard Business School, Case Western University, Columbia University, Texas Christian University and Southern Methodist University.
