Colfax Corporation, a global manufacturer of gas- and fluidhandling and fabrication technology products announced that Daniel A. Pryor has been promoted to Executive Vice President of Strategy and Business Development.
Mr. Pryor joined Colfax in January 2011 and was integral to the strategic plan and development process that led to the acquisition of Charter International, which created our fabrication technology platform and expanded our fluid handling platform into air- and gas-related applications. The successful integration of Charter, as well as several follow-on acquisitions, grew Colfax from $542 million of sales in 2010 to $3.9 billion in 2012. Mr. Pryor has extensive business development experience in the industrial sector. He came to Colfax from The Carlyle Group, where he was a Partner and Managing Director focused on industrial leveraged buyouts and led the acquisitions of numerous portfolio companies and follow-on transactions. Prior to Carlyle, Mr. Pryor spent eleven years at Danaher Corporation where he played a key role leading Danaher s entry into the medical technology and product identification markets. During his tenure at Danaher, Mr. Pryor also served in a number of general management positions. Mr. Pryor earned his MBA from Harvard Business School and his BA in Economics from Williams College.
Steve Simms, President and Chief Executive Officer of Colfax, stated, "As a member of the Colfax Leadership Team, Dan has played an instrumental role in shaping today s Colfax. Dan s leadership of our strategic planning and business development process has been exceptional and a key reason for our success as a corporation. This promotion is in recognition of Dan s contribution to the business on so many different fronts."