$835M Sarasota manufacturer names CEO, its third leader in 5 years

Six months after naming Sean Bagan the interim CEO and president of Helios Technologies, the company’s board has appointed him to the role officially, with no interim tag. Bagan will be the third CEO for the company in five years, after his two predecessors were ousted over alleged ethics violations.

Bagan was named interim CEO and president in July in addition to his role as CFO following the company’s leader Josef Matosevic being placed on leave amid allegations of potentially violating the company’s code of business conduct and ethics. Matosevic had been appointed to serve as CEO and president of Helios in 2020 after former CEO and president Wolfgang Dangel had been let go, the company said, for violations of company policy, including “poor judgment involving a consensual relation with an employee.”

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