Magswitch Technologies, a manufacturer of magnetic industrial solutions, has appointed Stephen De Bever as its new Group CEO. He succeeds David Morton, founder and current CEO, who will transition into an executive board role, continuing to guide the company’s long-term growth and innovation. De Bever has previously held key leadership roles including CEO, COO and president at companies such as Fluidra USA, Brundage Bone Concrete Pumping and NITROCrete.
Founded in 2003, Magswitch specializes in developing innovative magnetic gripping technology. It has established a robust intellectual property portfolio and progressively expanded its market presence across multiple industries worldwide. Following an investment in 2022 by Carmelina Capital Partners, Magswitch has positioned itself for accelerated global expansion. Based in Los Angeles, Carmelina serves as an investment partner and adviser to privately held companies.
For more info, see www.magswitch.com.
