SRC Holdings Announces Executive Staff Promotions
SRC Holdings Corporation is pleased to announce executive staff promotions effective August 1, 2019. These changes reflect the first phase of SRC’s new ten-year strategic plan for growth.
SRC Holdings Corporation is the oldest employee-owned remanufacturer to original equipment manufacturers in North America. SRC was established in 1983 and is currently the holdings company for 12 subsidiaries. SRC is known worldwide for its open-book management style, The Great Game of Business®.
Vaughn Henson, Director of Business Development
Vaughn Henson has been promoted to Director of Business Development for SRC Holdings. In 2010, Vaughn joined the SRC organization 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, Vaughn was promoted to General Manager of SRC Logistics, Inc. (SRCL) and lead his team in tripling revenues and adding an additional 60 full-time jobs in the Springfield area.
Outside of SRC, Vaughn has served as the Vice Chairman of the Remanufacturing Industries Council for the past two years and serves on the Board of Champion Athletes of the Ozarks.
“SRC’s associates are some of the most entrepreneurial and strategic thinkers on the planet. 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 major joint venture companies,” says Henson.
Vaughn will be succeeded by Mike White as the General Manager of SRCL. Mike has over 7 years of experience with the SRC organization and formerly held the role of Director of Operations for SRCL.
Chad Myers, Executive Vice President
Chad Myers has been promoted to Executive Vice President overseeing Springfield Remanufacturing Corp’s two divisions: SRC Heavy Duty Engines and Components division and SRC Heavy Duty Whole Goods division. Chad 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 lead his team to more than doubling revenue and adding 200 jobs to the area.
Outside of work, Chad serves on the advisory board for OTC’s Center for Advanced Manufacturing and volunteers for the Boys and Girls Club of Springfield.
“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,” says Myers.
Chad 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.