Mar 31, 2025
From the Sukup Manufacturing Co. Board of Directors:
From humble beginnings in 1963, Sukup Manufacturing Co. has experienced impressive success. As we grow, to ensure that top quality products and a commitment to the success of our customers remains our hallmark, we continue to focus on the development of our professional management team.
As part of an extensive succession planning process, the Sukup Manufacturing Co. Board of Directors have selected current Chief Financial Officer, Tom Mangan, to serve as the Company’s next President & Chief Executive Officer. Current President & CEO, Steve Sukup, will begin his transition to the Chairman role in late October of this year. Tom will work alongside Steve in the coming months to ensure a smooth transition and continued execution of the Company’s strategic initiatives and corporate values. Steve will then transition to Co-Chairman of the Board alongside Charles Sukup, before ultimately assuming full Chairman duties during 2026.
Charles Sukup, Chairman of the Board, said, “Tom Mangan is a proven leader and an important part of Sukup Manufacturing Co. growing to a higher level in the past several years under Steve’s leadership. Tom has worked closely with the Sukup family and executive team. The Sukup family and the Board of Directors have great confidence in Tom and his leadership ability.”
“Sukup Manufacturing remains a family-owned and operated company with three generations and nine family members (including Mom, our co-founder) actively involved in the business and will continue serving the community. We look forward to supporting Tom as he works closely with Sukup customers and employees to lead Sukup Manufacturing in excellence, quality, and integrity.” said Charles.
Tom is an Iowa native and brings an impressive background to the role. His career has largely been dedicated to the success of family business whether in a client service role or in the various leadership positions he has held with midwestern family-owned businesses. When Tom joined the Company as CFO in April 2020, he became the first non-family executive in company history. In his current CFO role, Tom leads the finance, IT, and supply chain functions. All of which have grown and developed greater capabilities under his leadership.
“It’s difficult to put into words how excited I am to be appointed as the next leader of Sukup Manufacturing Co. I am very appreciative for the trust the Sukup Family has placed in me to lead our growing organization”, said Tom. “The strategic opportunities that lie ahead combined with our talented team of employees and dealers make this an exciting time to lead this company into the future.”
He also shares his excitement about the continuity and cohesiveness of an executive team that he describes as “dynamic”, which includes third generation family members Emily Schmitt (Chief Administrative Officer) and Matt Koch (Chief Marketing Officer), along with current Chief Innovation Officer, Hank Norem. Tom added, “Under Steve’s leadership, this exceptionally talented team has presided over several of the most successful years in the company’s more than 60-year history. I’m excited to lead this team that will no doubt be instrumental in the continued growth and success of Sukup Manufacturing Co. for many years to come.”
Hank Norem will work alongside Tom in the coming months to transition into the CFO role, with the full replacement of Tom’s duties becoming effective in October. Hank’s extensive financial background and successful development and leadership of the Company’s innovation portfolio make him an ideal candidate to lead the Company’s finance function into the future.
Steve transitions to the Board Chairman role after five successful years as President & CEO. “This fall, I will leave day to day operations of the Company in Tom’s and the Executive Team’s very capable hands. I look forward to continuing my leadership journey in the boardroom as Chairman,” said Steve.
Steve added, “It’s been a privilege to lead the company to tremendous growth and success during a time of great change and uncertainty for our industry and the world. I have the utmost confidence in Tom and this great team that was assembled during my tenure. I am confident that the business is on the right path and in the right hands going forward."
