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New President Appointed at Oberg Industries

Oberg Industries, a Freeport, Pa.-based full-service contract manufacturer of precision metal components and assemblies, has named David Bonvenuto (pictured left) the company’s next president. Current President and CEO, Robert Wagner will work closely with Bonvenuto over the next few months to ensure a seamless transition of leadership. He also will remain tied to the company as its general counsel and member of the Board of Directors.

“Bob Wagner has brought a compelling vision and strategy to Oberg Industries starting in 2003 along with a significant focus on customers, quality, and process improvement,” said Eric Oberg, company chairman of the board. “As president, he has driven customer growth and profitability. During the last 10 years the company has been reshaped under his leadership to grow in some of the fastest-growing business segments of the manufacturing sectors and to provide superior quality and customer service. We are grateful that Bob will be staying engaged long term with our business as a member of our board of directors and serving as our general counsel.”

Bonvenuto has been with Oberg Industries since 2001. He has held the position as the company’s chief financial officer and most recently served as the executive vice president and general manager of its wholly-owned subsidiary Oberg Medical. During Bonvenuto’s tenure at Oberg he led the acquisitions and integration efforts of both of the company’s offshore manufacturing facilities in Costa Rica and Mexico. The company credits him for helping Oberg Medical earn the distinction last year as one of Pittsburgh’s 100 fastest-growing companies. Prior to his career with Oberg, Bonvenuto held executive management positions with Wabtec Corporation, MotivePower Industries, Inc., and He started his career with the global accounting and consulting firm KPMG LLP as a member of its manufacturing audit and consulting practice. He is a graduate of West Virginia University in Morgantown, W.V., and currently serves on the board of directors for the Allegheny Valley Hospital in Pittsburgh and American Heart Association – Beaver/Butler County Regional Board.

“David brings a strong complement of operational, financial, and strategic planning focus to our customer base and employees,” said Wagner. “He has a clear focus on our customers—their needs both today and into tomorrow, and the ability to position our company to best serve those needs. The most recent success of our Oberg Medical subsidiary as well as the prior work he has done with our domestic and international businesses are testimony to David’s ability to lead our entire organization into the future. I look forward to continuing to work with him to grow our enterprise.”

Oberg Medical focuses on the orthopedic, spine, extremity, endoscopic/laparoscopic, and cardiac rhythm management markets.

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