Intersystems, a portfolio company of the Pritzker Group, said Friday that it has appointed David Gau as its new CEO. Prior to joining Intersystems, Gau worked at Gates Corp. where he served as executive vice president of global commercial operations. Based in Omaha, Nebraska, Intersystems is a maker of specialized material handling equipment.
PRESS RELEASE
OMAHA, Neb.–(BUSINESS WIRE)–Intersystems, a leading designer and manufacturer of specialized material handling equipment serving the global agriculture industry, today announced David Gau as its new chief executive officer.
“David’s experience building global businesses makes him the right person to lead Intersystems as it evolves to serve an expanding roster of domestic and international customers. He’s a proven leader, who thinks strategically and develops teams that focus on delivering results for customers”
Gau, 48, is an Omaha native with a history of building and operating multi-national organizations, most recently as executive vice president of global commercial operations for Gates Corp. Gates Corp. is a $2.9 billion manufacturer of advanced power transmission and fluid transfer solutions, with more than 14,000 employees across 106 locations in 30 countries. Prior to joining Gates Corp., Gau was president of Air System Components, a division of Tomkins.
Gau takes over from Tom Schroeder, a 19-year veteran of Intersystems who will remain a consultant to senior management.
“David’s experience building global businesses makes him the right person to lead Intersystems as it evolves to serve an expanding roster of domestic and international customers. He’s a proven leader, who thinks strategically and develops teams that focus on delivering results for customers,” said Michael Nelson, Pritzker Group Private Capital investment partner.
Pritzker Group acquired Intersystems in December 2012.
“Intersystems is well positioned to serve its customers and grow with them. I look forward to accelerating the vast potential we have to delight our customers with service, solutions and innovation,” said David Gau, Intersystems chief executive officer.
Gau is a graduate of the University of Nebraska at Omaha.
About Intersystems
Founded in 1959, Intersystems is a leading designer and manufacturer of specialized material handling equipment, including high capacity conveyors, elevators and weighing and sampling systems for agricultural and industrial applications. The company’s custom configured solutions enable reliable and efficient movement of grain and other bulk materials for demanding commercial applications including grain elevators, grain processing plants, feed mills, rail loading sites and shipping ports. Based in Omaha, Intersystems sells to customers in more than 30 countries. For more information, please visit www.intersystems.net.
About Pritzker Group
Pritzker Group, led by Tony and J.B. Pritzker, has three principal investment teams: Private Capital, which acquires and operates leading North America-based companies; Venture Capital, which is the largest technology venture investor based in the Midwest; and Asset Management, which partners with top-performing investment managers across global public markets.
Pritzker Group Private Capital acquires North America-based middle-market companies with leading positions in the manufactured products, services and healthcare sectors. The firm’s permanent, proprietary capital base allows for efficient decision making, broad flexibility with transaction structure and investment horizon, and alignment with management teams focused on creating long-term value. Pritzker Group brings significant resources, expertise and credibility in building businesses and is an ideal partner for entrepreneur- and family-owned companies. For more information, visit http://www.pritzkergroup.com.
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