RTI Names Mark Derus New CEO
RTI, a global provider of control and automation, today promoted Mark Derus to chief executive officer. Derus will focus on driving business growth globally and expanding the company’s commercial market presence. He will continue to build on the initiatives RTI has implemented over the past three years, including new policies such as a three-year warranty, robust training programs, and the creation of a global Dealer Experience team.
With the solid groundwork laid by these initiatives, former CEO Ed McConaghay decided it was time for a leadership transition and will remain in an advisory role.
“Mark has an extensive background in leading technology-driven companies, combined with finance and business development expertise,” said Kevin Marty, RTI chief technology officer and co-founder. “His track record of leadership at RTI and other successful companies made Mark the obvious choice to take over the CEO role.”
The company’s chief financial officer since 2017, RTI said Derus “has a long history of successfully executing business strategy, leading mergers and acquisitions, partnering with key businesses and guiding companies through overall business growth.”
With a background in technology, finance and accounting, he has held the title of CFO, as well as other executive positions, for NetSPI, Quantum Retail Technology, Spanlink Communications/ ConvergeOne, IDeaS Revenue Optimization and Visual Circuits.