EFI has appointed William (Bill) D. Muir as its new chief executive officer to replace Guy Gecht, who’s stepping down after 19 years at the head of the US-based digital printing giant.
 |
|
“I am honored and humbled to join the EFI team": new EFI CEO Bill Muir. |
Muir, who will take over as CEO effective October 15, 2018, was most recently the chief operating officer of Jabil, a $US22 billion product solutions company. He’ll also join EFI’s Board of Directors. Gecht will remain a member of the board and will be an advisor to the CEO.
“Bill is going to take EFI to the next level,” said Gecht. “At Jabil, his experience and track record included scaling multi-billion-dollar businesses, driving execution and setting the firm’s strategic direction. This background uniquely prepares him to be the next CEO of EFI. I look forward to watching him lead EFI and helping him in any way he chooses as the company continues to lead the digital transformation of industries globally where colourful images matter.”
Muir said he was “honoured and humbled” to join the EFI team. “I have developed a deep admiration for the culture of courageous innovation, technical leadership and customer care, and I look forward to leading our exceptional team as we work tirelessly to delight our customers and create shareholder value.”
Muir has spent the past 25 years helping leading brands bring new products to the marketplace, including launching Jabil’s Blue Sky Innovation Center. He has an extensive background in complex engineering and manufacturing honed over progressive leadership roles at Jabil, a $US22 billion company with more than 100 facilities and 170,000 employees across the globe.
Before that, he served as CEO, Global Manufacturing Services, which at the time was a $US14 billion division of the company, and as president of Jabil Asia, where under his leadership the business tripled in less than four years. Muir holds both a Bachelor’s degree in Industrial Engineering and a Master in Business Administration from the University of Florida.
“In conducting a comprehensive search for the next CEO, the Board had the opportunity to speak with many highly skilled, strong leaders,” said Gill Cogan, chairman of EFI’s board. “Bill was our first choice, as his experience in managing a global manufacturing organization, track record in execution and leadership style most closely matched the characteristics we sought to successfully lead EFI in its next stage of growth, building on the legacy that Guy established over the last 20 years. I would like to once again convey the Board’s gratitude to Guy for his outstanding leadership, overseeing the transformation of EFI and driving the Company’s rapid growth to over $1 billion in annual revenues.”
Muir will join EFI’s third quarter earnings call, which is scheduled to take place after market close on October 29, 2018.
