Rich Stinson's Retirement and the Future of Southwire
In a significant transition, Rich Stinson, the long-standing President and CEO of Southwire, has announced his retirement after an illustrious career spanning over four decades in the electrical industry. Since his appointment as CEO in 2015, Stinson has dedicated himself to steering Southwire through significant growth and operational improvements, leaving behind a legacy that emphasizes empowerment and inclusivity within the company culture. The news of his retirement, effective soon, comes as Southwire prepares to welcome Ganesh Ramaswamy as its new President and CEO, marking an exciting new chapter for the company.
Stinson's leadership has been marked by a commitment to long-term strategies focused on 'Profit and Loss' as well as 'People and Lives'. His expertise fostered an environment conducive to organic growth and acquisitions. His dedication to creating a supportive workplace transformed Southwire into a company recognized for its strong team culture. In his own words, Stinson stated, “I have enjoyed my time at Southwire and am very proud of the work our team has done together.” This sentiment underlines the gratitude the company expresses for his years of service.
A key highlight during Stinson's tenure was his active role in the Alliance to Electrify America—a collaboration aimed at addressing the electrification challenges facing the country. He positioned Southwire at the forefront of initiatives that are vital for both the industry and future generations. Stinson's proactive approach ensures that Southwire is not only prepared for the challenges ahead but is also positioned to leverage opportunities within an evolving market landscape.
Welcoming Ramaswamy to the helm of Southwire symbolizes a fresh perspective aligned with the company's vision for growth and innovation. Ramaswamy, who is joining from Baker Hughes, brings robust experience managing large-scale operations and cultivating strategic partnerships. His proven track record in leading diverse industries and driving innovation will be crucial as Southwire embarks on its next growth phase. He expressed his enthusiasm for this new opportunity, acknowledging Stinson’s impactful leadership and the company's storied legacy in the industry.
As the company looks forward to prosperous advancements under Ramaswamy, the transition also sees the retirement of Norman Adkins, Southwire’s President and COO. Adkins, who has been with Southwire since 1998, has an impressive career characterized by reinforcing success-driven relationships and nurturing a culture focused on continuous growth. His upcoming departure in April 2026 marks the close of a chapter filled with significant accomplishments.
Stinson and Adkins together have fostered a resilient organizational culture, setting the stage for the company's future leaders to build upon. They leave behind a team that is ready to advance further, guided by the strong values and exceptional leadership developed during their tenure. Adkins reflects on his career fondly, stating, “The relationships, the teamwork, the sense of purpose… that's what has made it so special.” His contribution to the industry will continue even as he leads the International Cablemakers Federation.
As the new CEO, Ramaswamy's background in engineering and business—complemented by his strong focus on innovation—positions him well to lead Southwire through increasingly complex market demands. He has ambitious plans to further solidify Southwire's role within the electrical industry while maintaining the company’s commitment to sustainability and transformation.
With new leadership and a continuing emphasis on strategic growth, Southwire stands at the brink of thrilling advancements. As they forge ahead, the commitment to fostering a workplace that values team collaboration, integrity, and community service will remain key. Southwire’s history of innovation sets a solid foundation for the future, and the company is primed for tremendous growth in the years to come.
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