STEER appoints new President & CEO responsible for the overall business operation, strategy and direction

28-May-14

Steer Engineering, a globally acknowledged force in the polymer processing machine industry and a creator of state-of-the-art products catering to the polymer, powder coating, pharmaceutical and food processing industries, announced the appointment of Atanu Maity as President and Chief Executive Officer. In this role, Atanu will be responsible for the overall business operation, strategy and direction for the company. Atanu brings more than 25 years of global industry experience and leadership to STEER, including rich experiences in Business Development, P&L leadership and market innovation as well as strategic partnerships. He joins STEER from Ingersoll Rand where he served as Head - Business Operations for Climate Solutions. During his tenure, Climate Solutions vertical at Ingersoll demonstrated strong growth in revenue, income and active client base. Prior to this, he held the position of Sr. VP - Business Development at Sona-Koyo Steering Systems where he orchestrated leadership and direction to marketing-sales & Greenfield projects, achieving positive top-line. Atanu also held leadership position at Schlumberger which is a global leader in Oilfield services. Atanu holds a Masters in Management from London Business School has a B.Tech from IIT - Madras. “We are extremely pleased to have Atanu join STEER as President & CEO,” said Dr. Babu Padmanabhan – Founder & Managing Director – STEER Engineering. “Atanu brings an outstanding record of driving shareholder value & embodies deeply the founding principles and values of our organization. He is gifted with the grit and determination to examine deeply and focus on the essentials for success.” “STEER has always valued the culture of progress arising from our positivity towards accepting challenges and our dynamism towards accepting change. The triumph and joy that every great achievement has brought us has been due to our ability to perform as a solid team”, added Dr. Babu. “I am deeply honored to have the opportunity to lead STEER, a company I have known & admired for many years for building innovative technologies," said Atanu. "This is an exciting time for the company and I look foreword to working with the management team in building innovative technologies for the betterment of the humanity at large.”