Bill Betts is the seventh president of Betts Company, the company announced after it appointed Bill to a newly created position – president and chief operating officer. Former president Mike Betts will actively continue in the business as board of directors’ chairman and chief executive officer, the company said.
The company, which was founded by William Michael Betts in San Francisco, CA, in 1868, has been owned and led by members of the Betts family without interruption throughout its 147-year history. In addition to Mike and Bill, Don Devany (senior vice president, Betts Company), Joe Devany (director of operations, Betts Spring Manufacturing and BettsHD), and John Devany (sales manager, Betts Truck Parts and Service) are Betts family members actively involved in the company’s leadership.
“This is a proud day for our family and our company,” Mike said. “Like all leaders at Betts Company, Bill has earned this opportunity by his passionate commitment to our associates, customers and suppliers. He is an excellent example of living our seven core values and embodies ‘Improving the Way Things Move.’ Bill’s appointment provides all Betts Company team members – past and present – an opportunity to reflect on the very special accomplishment of sustaining and growing a family business for nearly one hundred and fifty years.”
“I am humbled and grateful for the confidence and trust placed in me today,” Bill said. “Leading Betts Company has been a lifelong goal, and I am excited by the opportunity to help Betts pursue its next phase of growth and excellence. I have great respect and appreciation for every associate who has played a part in the history of our company and look forward to serving them in the years to come.”
Bill joined the company in June 2007 after a two-year stint with Protiviti, an international risk and business consulting firm. According to the company, he has held varied leadership positions during his tenure with Betts Company, including procurement, sales, marketing, customer support, strategic planning and project management. In his new role, he will have primary responsibility for Betts Company’s three business units and development of overall strategic direction.
Mike has been the president of Betts Company since 1995 and held numerous positions in sales, marketing, innovation and leadership with the company for more than 37 years, the company stated. In his new role, he will continue to provide guidance and support to Betts Company’s leadership team. In addition he will focus on activities which favorably impact industries, markets and communities important to Betts Company.