Fort Worth, Texas – February 5, 2024 – Mike Morton, TTI CEO, today announced organizational changes are underway to support the growth of the legacy distributor and its parent company known as TTI, Inc., while separately recognizing the operating segment of the company, TTI IP&E.
Commenting on this new internal alignment, Morton offered, “TTI has become synonymous as both a Berkshire Hathaway owned parent company and an operating company specializing in IP&E components.” TTI has been evolving toward internally recognizing the parent company as TTI, Inc., and the operating company as TTI IP&E. This restructure will not affect our business partners – we simply will continue to be known as TTI.”
To support the global and regional functions taking place within the company, the following leadership promotions have been announced and are noted to be effective March 1, 2024.
John Drabik, President, TTI Americas steps into the new position of Global President TTI IP&E. Geoff Imlach, Vice President, TTI Sales Americas, is positioned to succeed Drabik as President, TTI IP&E Americas.
Reporting to Drabik will be the IP&E regional presidents along with Jeff Ray, Senior Vice President Global Strategic Accounts and Jim Hawersaat, Senior Vice President Transportation Business Unit.
Further, Melanie Pizzey, has been named to the position of Corporate Senior Vice President Strategic Initiatives and Business Transformation. John Archer, Senior Vice President Ethics and Compliance, General Counsel, moves into position as Corporate Senior Vice President and Chief Administrative Officer for TTI, Inc. Pizzey and Archer continue to report directly to Mike Morton as TTI, Inc. executive staff.
About TTI
TTI, Inc., a Berkshire Hathaway company, is an authorized, specialty distributor of electronic components. Founded in 1971, the emphasis on a broad and deep product portfolio, available-to-sell inventory and sophisticated supply chain programs has established TTI as a distributor of choice to manufacturers in the industrial, defense, aerospace, transportation, medical and communications sectors worldwide. TTI and its wholly owned subsidiaries, the TTI Family of Specialists, TTI IP&E, Mouser Electronics, Sager Electronics and the Exponential Technology Group employ over 9,000 people in more than 136 locations throughout the Americas, Europe, Asia and Africa. Globally, the TTI Family of Specialists maintain over 3 million square feet of dedicated warehouse space in 30 distribution centers. For more information about TTI, visit www.tti.com
