Houston, Texas – September 15, 2023 Employee Owned Holdings, Inc. (EOH), the parent company of Hydraquip, Inc., Supreme Integrated Technology, Inc., and GCC, announced today that Matthew Weisser has been appointed as the new President of the company. Richard Neels, previously acting as president of EOH, will continue to serve the company in his roles as its Chief Executive Officer and Chairman of the Board. In addition to his new role as president, Matt was elected to serve on the Board of Directors for EOH. Prior to becoming president, Matt had been serving as the Chief Financial Officer for EOH since 2015.

Matt has nearly 30 years of experience in leadership roles, first becoming a CFO for Avanti Companies in 1998 before serving in other CFO roles. Prior to coming to EOH, Mr. Weisser worked as the CFO for the T-Rex Companies, a group of companies formed to provide construction, engineering and fabrication services, and prior to that served as CFO for the engineering and project management firm Pegasus International Inc. While working as CFO for EOHI, Matt oversaw the company’s corporate finance, accounting, and risk management groups with additional responsibilities overseeing aspects of HR, corporate operations and IT.

“We are extremely excited to see Matt moving into this new responsibility,” said Richard Neels. “He is precisely the right person, with the vision, dedication, and capability to help direct the future of this company. His knowledge of so many aspects of this organization will be tremendously valuable as we continue to work together to achieve clear success.”

“Since the time I joined this organization, I have been highly impressed with its people, its culture, its goals, and its leadership,” said Matthew Weisser. “I’m honored to have been selected to serve in this new capacity and to be able to continue working with Richard and all employee owners to further our excellence.”

Matt holds a bachelor’s degree in Business Administration from the University of Texas at Austin, a Master of Professional Accounting from the University of Texas at Austin and is also a certified public accountant.

EOH is a 100% employee owned company based in Houston, Texas and the parent of Hydraquip, Inc., Supreme Integrated Technology, Inc., and GCC, collectively doing business primarily in Texas, Oklahoma, Louisiana, Florida, Washington, Oregon, Colorado, Tennessee, Arizona & New Mexico.