DENVER—Gates Corp. has appointed Ivo Jurek as its CEO, effective since May 18. He succeeds Jim Nicol, who will remain on the board as vice chairman.
Jurek has spent his career in the industrials area, both in the U.S. and internationally. He's held senior leadership positions at some of the world's leading industrial companies, Gates said in a news release.
He previously served as president of Eaton's electrical business in Asia-Pacific. Prior to that he led various Cooper Industries businesses in the U.S. and Asia and held roles at International Rectifier and TRW Automotive.
Gates is a portfolio company of Blackstone L.P. and produces power transmission and fluid power products globally.