DMC Global Inc. appointed James O’Leary as its permanent president and CEO, after serving in an interim capacity since Nov. 29, 2024. O’Leary will also continue in his role as executive chairman.
“I’m excited to continue working with the many loyal, hardworking DMC associates around the world on behalf of our stakeholders,” O’Leary said. He emphasized the Broomfield company’s focus on improving its balance sheet and capital structure, which are critical objectives in the near and medium term as they consider acquiring a 40% stake in Arcadia Products LLC.
O’Leary noted that, despite a challenging economic environment, DMC is committed to increasing free cash flow and expanding margins at its core operations. He credited the stabilization of the company’s portfolio in 2024 to the efforts of its teams.
O’Leary brings four decades of executive experience in leadership and capital markets, with a background in building products and industrial manufacturing. He is also on the board of Builders FirstSource Inc. and has held leadership roles in other significant companies in the industry.