Enerpac Names New President

Enerpac Tool Group Corp. announced Sept. 29 that it has appointed Paul Sternlieb as president and CEO.

Sternlieb succeeds Randy Baker, retiring as president and CEO on Oct. 8. 

Sternlieb is a seasoned executive with more than 25 years of leadership experience across several sectors, including at global industrial and manufacturing businesses. He most recently served as executive vice president and president, Protein, at John Bean Technologies and previously held senior positions at Illinois Tool Works, Danaher, H.J. Heinz, and McKinsey & Company.

Throughout his career, Sternlieb has developed and implemented global operating strategies that deliver meaningful, sustainable organic growth, and margin expansion. He has deep experience across a range of key value drivers, including new product development, commercial growth initiatives, digital and IoT innovation, supply chain efficiency programs, and effective capital allocation. Sternlieb also has a record of implementing lean principles to drive sustained improvements in operational excellence, productivity, innovation, and cultural transformation at multiple organizations, in addition to successful M&A execution and integration.

Sternlieb holds an MBA from the Wharton School at the University of Pennsylvania, where he graduated as a Palmer Scholar. He holds dual undergraduate degrees in economics and computer science from the Jerome Fisher Program in Management & Technology at the University of Pennsylvania.

For more information, visit www.enerpactoolgroup.com.