Karl Buscher, previously senior vice president, PSG Commercial, will serve as the new president of PSG Americas.
Ueli Thuerig, until now president of PSG Europe, will be the new president of PSG EMEA.
David Wang, vice president of sales and business development, Asia-Pacific, will become president of PSG Asia.
Pump Solutions Group says that the changes are designed to meet future demands of scale, accountability and growth, both organic and acquired.
Despite the restructuring, PSG’s “Go to Market” strategy will continue to be based on satisfying the needs of its customers within its core vertical market segments, including energy, chemical, hygienic and polymers. Certain internal functions, such as human resources, marketing and mergers and acquisitions, will continue to support all regional areas.
“To continue to grow and expand, and meet our goal of becoming a US$1 billion-plus flow control solutions platform, PSG’s organizational structure needs to evolve and transform itself to effectively manage future scale and growth,” said PSG president Dean Douglas.
“As we move forward, I am confident this structure will enhance our speed of business, response time and the decision-making process within each region to better serve our business partners and customers. The decision to create a regionally focused corporate structure will serve to make us more competitive globally while also helping foster customer intimacy and positioning our brands locally within the specific regions.”