Milwaukee Valve has announced the retirement of President and CEO Rick Giannini, effective Jan. 20, 2023. John Labellarte, the company’s current COO, will succeed Giannini in leading the commercial, industrial and marine valve manufacturer.
Giannini joined Milwaukee Valve in 1998 and successfully guided the business through challenging market conditions. His leadership transformed Milwaukee Valve into a service leader and global manufacturer. He guided the transformation of the sales organization, reinvested in manufacturing processes and equipment, and assembled the company’s overseas manufacturing operations. Giannini greatly expanded the development and growth of Milwaukee Valve’s product offering and presence in the Navy Marine market.
Giannini also developed and maintained the management team which will continue to lead the company. He dedicated time and energy to industry-leading organizations, serving as Chairman of the Aircraft Carrier Industrial Base Coalition (ACIBC) since its inception in 2004. He also sat on The American Supply Association’s (ASA) Industrial Piping Division Steering Committee and served on ASA’s Board of Directors.
New President and COO John Labellarte started with Milwaukee Valve in 1999 as General Manager. He was promoted to Vice President and COO in 2006. During his tenure, Labellarte has been instrumental in driving the company’s global manufacturing initiatives, strategic planning, product development and operational performance. His focus on continual improvement and the utilization and development of new technologies will continue to build brand value and value proposition for the company. Prior to joining Milwaukee Valve, Labellarte worked for 12 years with the Marpac & McCANNA Valve companies, serving in operations and management roles. He is extremely qualified to lead Milwaukee Valve, with 35 years of executive and operations management experience in the valve industry.
Together, Giannini and Labellarte fostered the development of the management team members that will continue to lead the company. As a result, the new executive management team will include Tom LaGuardia, who will continue as vice president of sales and marketing. Dennis Muench has been promoted to vice president of finance and administration / chief financial officer. Joe Bratta has been elevated to vice president of operations. Tim Narel has been promoted to vice president of engineering and quality assurance. Ryan Murphy has been promoted to vice president of new product development and technical services.
In its 121st year of business, Milwaukee Valve Co. is internationally recognized for state-of-the-art manufacturing facilities and innovative new products covering a wide range of commercial and industrial applications.