Peer Chain Names New President

October 9, 2012—PEER Chain Co., Waukegan, Ill., announces that Glenn Spungen became company president on Oct. 1, 2012. Spungen will manage all facets of the operation and oversee the expansion of the business. His vision is to enhance customer service, build upon existing distributor relationships, and grow the OEM business.

 

Spungen adds a wealth of sales management and operational experience to the team, having held key leadership roles at Peer Bearing Co. for 27 years. As vice president of sales and operations, Spungen spearheaded sales in the United States and China, traveled overseas to preside over the company’s manufacturing plants, and oversaw the operations in the United States. In 2008, when the Spungens sold Peer Bearing Co. to SKF in Sweden, the company had more than 1,400 employees.

 

“I’m incredibly excited to work with the PEER Chain team and build on our commitment to delivering the best customer experience in the industry,” Spungen said. “We’ve identified major opportunities worldwide where we can develop new business and make a significant impact in the industry.”

 

Spungen holds a bachelor of arts degree in management and organizations from the Kelly School of Business at Indiana University in Bloomington. He is also completed the leadership development program at the Center for Creative Leadership in North Carolina.