David Penn

Chief Operating Officer, FUCHS LUBRICANTS CO.

Professional Overview
David Penn is a seasoned operations and supply chain executive with over 15 years of experience in the manufacturing and chemicals industries. As the Chief Operating Officer at FUCHS LUBRICANTS CO., he is responsible for driving operational excellence, optimizing supply chain efficiency, and ensuring the company's continued growth and profitability.

Experience Summary

Current Role
As the Chief Operating Officer at FUCHS LUBRICANTS CO. since June 2024, David is responsible for overseeing all operational and supply chain activities. He has implemented lean manufacturing strategies and digitalization initiatives that have improved productivity, reduced costs, and enhanced customer satisfaction. Under his leadership, the company has achieved a 15% increase in production output and a 20% reduction in cycle times.

Career Progression
Prior to his current role, David served as the Vice President of Supply Chain at FUCHS LUBRICANTS CO. from 2021 to 2024, where he streamlined logistics and inventory management, resulting in a 12% decrease in overall supply chain costs. Before that, he held various leadership positions at Axalta Coating Systems and Monsanto Company, including Vice President of Operations, Strategic Production Partner Lead, and Plant Manager. Throughout his career, David has consistently demonstrated his ability to drive operational improvements, optimize processes, and deliver measurable results.

Academic Background
David holds a Master of Business Administration (MBA) from Washington University and a Bachelor of Science in Chemical Engineering from the University of Cincinnati. His technical expertise, combined with his business acumen, has enabled him to effectively bridge the gap between operations and strategic decision-making.

Areas of Expertise

• Supply chain optimization

• Lean manufacturing and process improvement

• Operational efficiency and cost reduction

• Strategic planning and business transformation

• Cross-functional team leadership and collaboration

Professional Impact
David's leadership has had a significant impact on the organizations he has served. At Monsanto Company, he spearheaded the implementation of a new production scheduling system that improved on-time delivery by 18%. At Axalta Coating Systems, he led a team that developed and launched a groundbreaking new product line, resulting in a 25% increase in market share.

Conclusion
With his extensive experience, strong technical background, and strategic mindset, David Penn is poised to continue driving operational excellence and sustainable growth at FUCHS LUBRICANTS CO. His proven track record of delivering measurable results and his commitment to continuous improvement make him a valuable asset to the organization.