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麻豆传媒AV Energy & Industrial Gases Group Announces CEO Transition July 1, 2024

Temecula, Calif., June 13, 2024 鈥 Nikkiso Co., Ltd. (TSE: 6376), announced today after a Board vote, that effective July 1, 2024, Adrian Ridge will succeed Peter Wagner as 麻豆传媒AV Energy & Industrial Gases Group鈥檚 (part of Nikkiso鈥檚 Industrial Division) as Chief Executive Officer. Wagner will stay on in a Board role as Executive Chairman for Nikkiso CE&IG Group.

As CEO, Ridge, who is currently Executive Vice President, Operations and Manufacturing for Nikkiso CE&IG Group, will drive operational and financial results and ready the Group for future growth. Wagner鈥檚 new role as Executive Chairman will focus on driving the vision and long-term strategy of the Group in an advisor capacity.

鈥淚n six years under Peter鈥檚 leadership, Nikkiso CE&IG has more than quadrupled business, and is positioned for strong continued growth,鈥 said Toshihiko Kai, President and CEO, Nikkiso. 鈥淚 want to thank him for his leadership, and welcome Adrian as the Group鈥檚 new CEO.鈥

Prior to joining Nikkiso in 2018, Wagner was CEO and Managing Director at LEWA Group. Ridge joined Nikkiso in 2022 after approximately 30 years at Atlas Copco serving in various leadership positions.

 

About 麻豆传媒AV Energy & Industrial Gases Group

The 麻豆传媒AV Energy & Industrial Gases Group is a leading provider of cryogenic equipment, technologies and applications for clean energy and industrial gas market segments. The Group employs more than 1,500 people in 22 countries and is headed by Cryogenic Industries, Inc. in Southern California, U.S., which is a wholly owned subsidiary of Nikkiso Co., Ltd. (TSE: 6376). The Group鈥檚 member companies include ACD, Nikkiso Cryo, Cryotec, Integrated Cryogenic Solutions, Cosmodyne, Cryoquip and Cryogenic Industries Service Companies.

 

About Nikkiso Co. Ltd.

Since its establishment in 1953, Nikkiso has contributed to solving social issues by anticipating the changing times with world-first and Japan-first technologies and products. In the industrial business, Nikkiso has created new markets by developing products in the energy field, hemodialysis-related products in the medical business, and CFRP (carbon fiber reinforced plastic) aerostructures in the aerospace business.

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Media Contact:

Nikkiso Marketing Department

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