We are pleased to announce that the HBM Board of Directors has approved the appointment of Anderson (“Andy”) Fincher as HBM’s President and Chief Operating Officer.

Andy will assume immediate oversight of HBM’s four portfolio companies; HBM CEO Mike DeCola continues to serve on the Board and will remain responsible for the company’s overall strategy, people and transaction activity during a transition period.

“In my nearly two decades leading Mississippi Lime I have witnessed remarkable transformation and consistent achievement of world-class performance. We advanced this legacy with the creation of HBM Holdings in 2011, and today the values that defined our success for well over a century now span four portfolio companies,” DeCola said. “Andy’s appointment is the culmination of a thoughtful and orderly process by the HBM Board to position the organization for future growth. I am delighted to welcome Andy and work alongside him, and I am confident he is the right person to lead HBM into the next decade and beyond.”

Andy is a veteran of industrial manufacturing, serving most recently as President and CEO of Dover Engineered Systems, a $2.6 billion diversified business unit of Dover Corp. (NYSE: DOV). In that role, he oversaw 10 operating companies with over 8,500 global employees and executed eight platform acquisitions over the last three years.

Said Andy, “I am honored and humbled to help lead HBM’s next chapter, and excited to collaborate with leaders across the portfolio who operate with a relentless focus on people, safety, and customer service. This role is an opportunity to blend my passion for building businesses with a people-first culture – a combination that has long served as the foundation for HBM’s success. The opportunities ahead are tremendous, and I am committed to growing the businesses and extending HBM’s reach across new industrial platforms.”

Fincher holds a BS in Mechanical Engineering from Tennessee Technological University and an MBA from the University of Tennessee. He and his wife have three children and will relocate to the St. Louis area.

Click here to read the full press release.