DAELIM BELEFIC Group Appoints Matthew Rice as New CEO in USA Transformer Division

DAELIM BELEFIC Group Welcomes Matthew Rice as CEO of USA DAELIM Transformer

HOUSTON, March 9, 2026 — DAELIM BELEFIC Group has announced Matthew Rice as the new Chief Executive Officer of USA DAELIM Transformer, effective immediately. This appointment aligns with the company's strategy to enhance its operational footprint and meet the surging demand for dependable power infrastructure in North America.

Matthew Rice is expected to leverage his extensive experience in the electrical power sector. With over three decades in leadership roles, he has demonstrated a profound ability to drive growth and enhance operational efficiencies. His recent position as Senior Vice President at RESA Power saw him excel in multi-site operations, achieving notable improvements in margins and cost management.

Prior to his tenure at RESA Power, Rice dedicated more than ten years to Schneider Electric in various senior leadership roles, overseeing significant power infrastructure projects and managing sizable teams across different regions. His diverse background provides a solid foundation for guiding USA DAELIM Transformer through a crucial phase in its development.

Dong Bin, the Founder and CEO of DAELIM BELEFIC Group, expressed enthusiasm for Rice's joining, stating, "As DAELIM BELEFIC Group progresses, Matthew’s vast industry knowledge paired with his strategic approach makes him an ideal fit to bolster our footprint in North America and deliver innovative and reliable solutions to our clients."

Matthew shared his excitement, noting, "The current landscape of energy in the U.S. presents both challenges and opportunities. I am thrilled to lead USA DAELIM Transformer and am committed to establishing a first-rate operation that meets our customers' quality and speed demands."

With a distinguished military background as a Coast Guard veteran and further enhanced by executive education from institutions such as Harvard Business School, INSEAD, and MIT, Rice embodies a blend of strategic foresight and operational discipline, elements crucial for advancing DAELIM's vision in the North American market.

About DAELIM BELEFIC Group

Founded in April 2010, DAELIM BELEFIC Group has quickly ascended to prominence within the global transformer industry. It integrates several functions, including research and development, manufacturing, sales, and technical services, offering a comprehensive package to its clients. With sophisticated manufacturing centers located in both China and the U.S., the company serves a diverse clientele spanning over 40 countries across North America, Europe, South America, and Africa.

DAELIM BELEFIC Group’s commitment to innovation and excellence in a sustainably-focused energy future positions it as a reliable partner in the global energy sector. As it continues to evolve, the firm is well-poised to shape the future of energy infrastructure.