SRC Holdings Corporation of Springfield, Missouri, the oldest employee-owned remanufacturer in North America, is embarking on a new 10-year strategic plan for growth within and beyond the company’s current 12 subsidiaries.
As a first step, SRC announced major changes in its leadership as of August 1st.
Vaughn Henson (pictured above, right) was promoted to Director of Business Development for SRC Holdings in charge of acquisitions, mergers and joint ventures.
Chad Myers (pictured above, left) was promoted to Executive Vice President overseeing Springfield Remanufacturing Corporation’s two divisions: SRC Heavy Duty Engines and Components division and SRC Heavy Duty Goods division.
Henson joined the SRC organization in 2010 with prior leadership experience in the public accounting, oil and gas, software technology, and chemical processing industries and took on the role of Chief Financial Officer at NewStream Enterprises, a subsidiary of SRC Holdings.
In 2014, he was promoted to General Manager of SRC Logistics, Inc. (SRCL), where he led his team in tripling revenues and doubling employment, with 60 additional full-time jobs in the Springfield area.
“SRC’s associates are some of the most entrepreneurial and strategic thinkers on the planet,” Henson said. “I‘m excited to help guide our team as we pursue new growth opportunities through acquisitions, mergers and joint ventures. We have a long and successful history of startups and managing joint venture companies.”
Outside of SRC, Henson serves as Vice Chairman of the Remanufacturing Industries Council, (RIC) and on the board of Champion Athletes of the Ozarks.
Myers joined the SRC organization in 2010 with a former subsidiary of SRC and was promoted to Operations and Engineering Director at SRC Heavy Duty in 2011, and again to his most recent position as General Manager in 2016 in which he led his team to more than doubling revenue and adding 200 jobs to the area.
“SRC HD established a vision in 2016 to satisfy our principles around people, culture, community, and customers. The entire team performed at amazing levels over the last 2.5 years and have put themselves in a position for the next round of growth. It has been a privilege to work with the best, and I look forward to the acceleration in growth and opportunities they create,” said Myers.
Outside of work, Myers serves on the advisory board for the Ozark Technical College Center for Advanced Manufacturing and volunteers for the Boys and Girls Club of Springfield.
OTHER SRC PROMOTIONS
Henson will be succeeded by Mike White as the General Manager of SRCL. White has over seven years of experience with the SRC organization and formerly held the position of Director of Operations for SRCL.
Myers will be succeeded by Chris Kleinfeld as the General Manager of SRC Heavy Duty Engines and Components, James Chandler as the General Manager of SRC Heavy Duty Whole Goods, and Spencer Cunningham as the General Manager of Sales, Marketing and Business Development for both Heavy Duty divisions.