Red Wing, MN — Capital Safety, manufacturer of fall protection equipment under the DBI-SALA, UNILINE and PROTECTA brands, today announces that Stephen Oswald will join the company as its new chief executive officer.
For the last fifteen years, Oswald has held various executive roles at United Technologies Corporation (UTC), most recently serving as the integration leader for UTC’s acquisition of GE Security. Prior to that, he served as president of the Hamilton Sundstrand Industrial Division and the Sullair Corporation.
“Stephen has a successful and repeated track record of growing top and bottom lines in industrial markets. Combine this with his strong organizational and operations background, as well as his high energy leadership style, and it’s easy to see why we are so optimistic about our future together,” said Pat Velasco, Chairman at Capital Safety. “He joins us after two excellent years of growth, and the addition of Stephen to our team sets the stage for continued strong performance going forward.”
“I am very pleased to be joining Capital Safety and look forward to continuing the strong customer focus tradition and further expanding the global footprint,” said Oswald. “Capital Safety is a growing company with a strong team making a difference in the area of workplace safety worldwide and I see unlimited potential in the future.”
Oswald will assume the role of Capital Safety CEO effective March 26. He will be based at Capital Safety’s headquarters, and will oversee the company’s global operations, which includes 20 manufacturing, distribution and training facilities worldwide.