PEPPER PIKE, Ohio—Q Holding Co. has chosen its next company leader from within, naming three-year company veteran Mauricio Arellano as CEO Feb. 8.
Arellano succeeds Thomas J. Hook in the top position for Q, a supplier of silicone solutions for medical devices, electrical connector seals and insulators. Hook will remain with Q as a non-executive director.
"Mauricio brings a wealth of operational and leadership experience," Richard Relyea, partner at the London-based private equity firm 3i Group, said in a statement. "Throughout 2020, he played an increasingly pivotal role overseeing all aspects of our QSR and QMD operating units and has demonstrated tremendous results in leading our key growth and performance initiatives.
"We are confident in his ability to successfully lead Q into the future."
Arellano, who began at Q in 2018, previously served as the company's chief operating officer. Prior to to leading Q toward growth and profitability, Arellano served as president of the medical division of Spectrum Plastics Group, an injection molder also in the medical device realm.
He also has held positions at Integer Holdings Corp. and Tyco Healthcare (now Medtronic P.L.C.), as well as with Sony Electronics.
"As I reflect on the significant accomplishments Q has made over recent years, the strength of our organization and the opportunities that lie ahead, I could not be more proud of the business or more enthusiastic about its future," Arellano said. "Q has truly differentiated capabilities and is a leader in our rapidly growing and exciting market segments. I look forward to working with all Q associates to realize the full potential of Q in the coming years through diligent execution and a focus on strong, strategic growth."
Hook, in addition to remaining with Q, will become CEO of SaniSure, another 3i Group business.
"We would like to extend our appreciation and gratitude to Tom for his contributions as CEO of Q," Relyea added. "Over the past four years, Tom has successfully led the business through considerable transformation and positioned it for continued long-term success."