Michael Peterman is New President & CEO of Savage Bros. Co.
With the retirement of Bob Parmley , Michael Peterman, age 43 and current General Manager, is promoted to President and CEO of Savage Bros. Co. effective May 1.
Michael Peterman has been with the company for over 18 years. A mechanical engineer, he has served as a CAD Draftsman, Design Engineer, Engineering Manager and has been General Manager of the day-to-day operations of the company for the past five years.
Bob Parmley states, “I have the utmost confidence in Michael with his management and skilled labor team to continue to manufacture machinery of high quality, solid reliability, and strong value. It is the right time for me to step aside and allow the next generation led by Michael to continue the 166 year legacy of Savage Bros. Co.”
Savage Bros. Co., founded in 1855, manufactures machinery for the confectionery, cannabis, bakery, and food processing industries. It is located in Elk Grove Village, Illinois.