Helios Technologies Appoints Sean P. Bagan as President and CEO

Sean P. Baganm, President and Chief Executive Officer, Helios Technologies・ Photo Credit: Helios Technologies

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SARASOTA, Fla., January 6, 2025 (VSNewsNetwork.com) — Motion control and electronic controls technology company Helios Technologies, Inc. (NYSE: HLIO) has announced the promotion of Sean P. Bagan to President and Chief Executive Officer, effective immediately. Bagan has also been nominated to the company’s Board of Directors and will be eligible for election at the June 2025 Annual Meeting.

Bagan has been serving as Interim President, Chief Executive Officer, and Chief Financial Officer since July 2024. He will continue in his role as CFO while the company conducts a search to fill the position. Philippe Lemaitre, who served as Executive Chairman during the transition period, will now resume his position as Non-Executive Chairman.

“The Board has unanimously determined that Sean Bagan is the right choice to lead Helios Technologies into the future. He has done a great job in his Interim President and Chief Executive Officer position in addition to his Chief Financial Officer role over the last six months. He has confidently guided the operations as well as focused on new ways to further develop the high-performing talent we have within the organization. We believe his passion for the business, his strategic mindset, his business acumen, his integrity, as well as his straightforward and service leadership style are exactly what Helios needs moving forward. We are very optimistic about Helios' opportunities in 2025 and beyond. We thank Sean and the leadership team for their commitment during this transition period,” said Philippe Lemaitre, Chairman of the Board.

Bagan expressed his enthusiasm for the role, stating, “Helios Technologies is an exceptional organization, and I am deeply honored to be selected to lead its talented global team. Our customer-centric focus is centered on combining a collection of engineered products and services allowing us to deliver leading technology solutions. I believe the company, with its deep history of innovation, is uniquely positioned to deliver compounded growth that drives shareholder value creation over time. I thank the Board for their continued confidence and support in both my team and me.”

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Bagan joined Helios Technologies in August 2023 as Chief Financial Officer. Before joining Helios, he spent 23 years at Polaris Inc., where he held leadership roles in operational finance, international sales, product management, acquisitions, and corporate finance. He holds a bachelor’s degree in Accounting and Management from St. John’s University in Minnesota, a General Management Certificate from Cambridge University’s Judge Business School, and a Certified Public Accountant (inactive) certificate from the state of Minnesota.

Operating in more than 90 countries, Helios Technologies provides motion control and electronic controls technologies to a range of industries including construction, agriculture, and recreational vehicles.

For more information, visit www.heliostechnologies.com.