Industrial technology company PDC Machines has appointed Marco Caccavale as CEO and announced its prior CEO, Kareem Afzal, as Executive Chairman.
The Pennsylvania-based company said the leadership changes signify a pivotal moment as it positions itself for the next phase of accelerated growth.
Caccavale joins PDC Machines from Baker Hughes, where he most recently served as chief commercial officer of industrial and energy technology. He had been a part of Baker Hughes since its founding in 2017.
Prior to Baker Hughes, Caccavale spent 18 years at GE where he held a variety of business leadership, commercial and operational roles.
As CEO of PDC Machines, Caccavale will assume responsibility for all PDC Machines operations, executing its strategic vision, and driving growth and innovation initiatives.
In his new role as Executive Chairman, Afzal will continue to support PDC Machines’ growth.
Afzal was promoted from vice-president to CEO of PDC Machines in March 2021 and has supported the company with his wealth of experience and industry insights.
On his new role, he said, “I am excited to continue my journey with PDC, and support the proud tradition started by my father 45 years ago this year. I intend to collaborate closely with Marco to achieve even greater success driving the company’s growth agenda.”
PDC Machines is backed by Arcline Investment Management and provides diaphragm compression systems and hydrogen fuelling stations worldwide.
With the combined leadership of Marco as CEO and Kareem as Executive Chairman, PDC Machines is poised to strengthen its market position, expand its reach, and capitalise on emerging opportunities in the hydrogen sector.