press_crop2_1800x400

Press Release.

10.04.13

Morgan Samuels Places Michael Salak at Integrated Power Systems

October 4, 2013 – Leading human capital consulting firm Morgan Samuels has announced the placement of Michael Salak as Senior Vice President, M&A and Business Development at Integrated Power Systems (“IPS”). With a focus on retained executive search, Morgan Samuels provides innovative and strategic services focused on identifying, attracting, and retaining top executive talent. In this position, Mr. Salak will develop and oversee an internal acquisition process for IPS and will be responsible for the overall management of the company’s acquisition strategy.

Integrated Power Services is the nation’s leading provider of maintenance and repair services for electric motors and generators in North America. Headquartered in Greenville, South Carolina, the company operates a nationwide network of 17 service centers across the United States, providing in-shop repairs, field service and new product sales. IPS services approximately 17,500 motors and generators annually for over 4,000 customers in continuous process industries such as power generation, petrochemical, metals, mining, pulp and paper. IPS regional service centers focus on the industries located within their regions, with each location offering highly specialized resources and capabilities. IPS was acquired by Odyssey Investment Partners, LLC in July 2012.

Mr. Salak was most recently Director, Corporate Development at Granite Construction, Incorporated. Prior to that he was an Associate for Hempstead & Company, Incorporated and a Consultant for the Small Business Development Center at Duquesne University. Mr. Salak received his MBA degree from Duquesne University and a BS in Finance from Kings College.

“With his vast experience, Michael is the ideal placement to take ownership of the internal acquisition process to aggressively grow IPS and drive value creation for the company. I am certain he will thrive in this high exposure role,” said Martin J. Hewett, Senior Client Partner and Industrial Practice Leader, who led this search on behalf of Morgan Samuels for Integrated Power Systems.

About Morgan Samuels

Morgan Samuels is a leading human capital consulting firm dedicated to helping its clients realize their vision by identifying and solving their most mission critical human capital imperatives. For over 45 years the firm has created and implemented breakthrough human capital strategies that impact companies at the organizational, team and individual levels.

Complementing its core competency in retained executive search, Morgan Samuels offers additional results-driven consulting solutions designed to unleash the power of human capital and revolutionize leadership performance. Whether it’s through identifying, attracting and acquiring best-in-class talent, or developing, equipping and retaining existing critical talent, Morgan Samuels enables its clients to truly innovate, accelerate, and transform – instead of just perform.