CPM is a leading industrial equipment and systems company.
Since 1883, CPM has pursued a singular focus…to deliver the very best processing solutions to help our customers succeed. Today we offer broad processing solutions and serve diverse industries including animal feed, oilseed, bioenergy, human food/snacks, engineered materials and many more.
CPM focuses on delivering customer value by serving our core industries with great products, excellent people and enviable business processes. We respect company heritage, we let leaders lead, and we align processes and resources to achieve new possibilities and growth.
How CPM delivers customer value:
Premier operating equipment and services at the lowest total operating cost
Industry best reliability and durability to maximize uptime
Industry-leading product designs to optimize energy efficiency and product quality
Superior application knowledge and global presence
Exceptional customer service driven by engineering innovation, application support and maintenance advice
Our Value Creation Strategy encompasses three channels:
Core Growth: Serving our current market positions
Initiative Growth: Developing unanticipated solutions
Acquisition Growth: Identifying and closing synergistic acquisitions
To ensure CPM continues to create value for its customers, we are committed to pursuing growth through three distinct channels. Each one builds on CPM’s proven competencies, positioning our company to deliver exceptional performance, market-leading innovations and expanded strength that benefit existing and future customers.
As population increases and the wealth is more broadly distributed, CPM’s customer end-market drivers (advanced proteins, alternative energy, processed foods and engineered materials) grow concurrently.
Continuous innovation is our hallmark. CPM’s legacy is served by our unwavering commitment to the customer and is evidenced in our market leading positions.
Beyond continuous innovation, we deliver breakthrough innovation to positively disrupt existing methods and technologies. CPM established its current market positions based on breakthrough innovation of yesteryear. Moving forward, disruptive forces of technology will redefine the leaders and followers of industry in the future. To remain ahead of the curve, we reconfirmed our commitment to breakthrough innovation by establishing a unique innovation program. Enabling and empowering our organization to disrupt conventional solutions, we assure our leadership position for the future.
We seek out like-minded companies: process equipment and systems companies with great products, excellent people and leading market positions. In our acquisitions, we respect company heritage, we let leaders lead, and we align processes and resources to achieve new possibilities and growth. Former owners (including family owners) value our thoughtful stewardship and ability to fulfill their desire, vision and ambition for the company. Employees appreciate our culture and opportunities afforded by our perspective and resources. Customers benefit from our value proposition, scale and customer commitment.
CPM has a lean, experienced leadership team and empowered management team. Business Unit leaders exercise broad business unit autonomy in pursuit of aligned goals bound by integrity, values and passion for the business.
Dave Webster, CEO
Dave joined CPM in 2020 as CEO. Prior to CPM, Dave led global product company, Electrical Components International, for over 20 years growing the business to over $1B in revenues, 20,000+ employees and 14 different countries. Dave’s business philosophy is predicated on ‘value and service’ built on operational excellence, product leadership and deep customer, business partner and community relationships. Dave holds business administration and juris doctorate degrees from Kent State University and Case Western Reserve University respectively.
Doug Ostrich, CFO
Doug joined CPM in 2003 as CFO. With more than 26 years of financial experience, including stints at Ernst and Young and a couple of private equity placements, Doug guides our platform acquisition strategy leveraging the financial strength of CPM with corporate, global finance. Doug knows our numbers, the business and has the global connections for expansion success. Doug holds an accounting degree from the University of Northern Iowa.
Kyle Roed, Vice President, Human Resources
As Global VP of Human Resources, Kyle has responsibility for worldwide CPM Human Resources, Safety and People Operations functions. He brings deep experience and knowledge to the role, previously serving as Senior Human Resources Manager, Sr. Human Resources Generalist, Sr. Executive Team Leader – Human Resources, and IT Manager for fortune 500 companies. Kyle earned his degree from the University of Iowa Tippie College of Business. Kyle believes that business success starts with the best culture and top talent. Contact Kyle to learn about your future career today!
Erik Pederson, Chief Procurement Officer
Erik joined CPM in 2020 as CPO. Prior to CPM, Erik held leadership positions in Supply Chain, Sourcing, and Logistics at nVent, a diversified industrial manufacturer. Erik also spent 10 years at General Mills with roles in operational and supply chain leadership which included experiences with equipment from most of the CPM product lines. Erik brings a customer-first philosophy to Procurement that focuses on process improvements and business partnerships to create top and bottom line value in organizations. He holds a MBA from the Carlson School of Management and Doctorate degree in Materials Science and Engineering from the University of Minnesota.
Morgan Boyd, IT Director
Morgan brings 30 years of experience to CPM while directing the CPM Global Information Technology team. Morgan joined CPM in 2014 and has focused on building leading edge cloud infrastructure, modern digital security platforms and a unified global ERP system. World class customer support is paramount to the CPM IT vision for success. With a world class global IT team and Morgan’s experience in the banking and military sector, CPM is positioned to stay secure and stable for our long-term success. Morgan graduated from the Advanced Data Systems Engineering Program for the United States Navy and specialized in missile defense systems and served his country in the Atlantic Fleet.
Colleen Frei, Director of Financial Planning and Analysis
Colleen joined CPM in 2020 as Director of Financial Planning & Analysis, bringing a background in strategic financial management from start-up to Fortune 100 organizations. Most recently, Colleen was Director of FP&A, Global Operations at Medtronic. At CPM, Colleen is responsible for forward looking financial leadership, analysis and reporting, including budgeting, forecasting, strategic planning, and the advancement of data driven business intelligence. Colleen earned an undergraduate degree in Mathematics from the University of Wisconsin-Eau Claire, and MBA from the University of Minnesota – Carlson School of Management.
Tim Brown, Director of Global Finance
Tim Joined CPM in 2010 and oversees financial operations, accounting and budgeting globally. Tim has nearly 20 years of accounting and management experience starting in public accounting with LarsonAllen (now CliftonLarsonAllen) and adding experience with a $500M privately held global manufacturer before coming to CPM. Tim is a CPA (Inactive) and earned his accounting degree from the University of Wisconsin-Whitewater and MBA from Metropolitan State University.
CPM has a deep and talented team managing core business functions and shared services including information technology, human resources, finance, supply chain development and risk mitigation.
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