Solve Industrial Motion Group Names CEO

Solve Industrial Motion Group announced that its board of directors has named Lisa Mitchell as its new Chief Executive Officer. Mitchell, who previously managed Solve's finances and operations, will now lead the recently rebranded industrial bearings and power transmission components company in its next chapter of growth and innovation.

"Lisa has quickly proven to be a strong leader as the CFO and COO over the last two years. We are confident in her ability to continue the growth and expansion of the Solve platform as CEO," said Leon Rubinov, Senior Partner at Incline Equity Partners and a Director for Solve.

Previously, Mitchell worked at Tenneco, an automotive components OEM and an aftermarket ride control and emission products manufacturer, and at Vallen, a solutions indirect materials and safety services distributor, for a combined total of nearly 30 years. She served in several management and executive roles at both companies.

"I am grateful for this opportunity and look forward to continued collaboration with our customers and sales team to continue growing equity in the Solve brand and our trusted products," said Mitchell. "We are already seeing the value of creating a single, cohesive brand in the marketplace as we continue finding solutions for our customers and focusing on the customer experience."

In November 2020, P.T. International (PTI) based in North Carolina, IPTCI Bearings in Minnesota and LMS Bearings in Colorado united under the Solve brand and together offer customers an expanded inventory of bearings products, custom solutions, engineering expertise and centralized customer service. The IPTCI, PTI and LMS product lines all remain intact under Solve.

For more information contact:

Solve Industrial Motion Group

1817 Westinghouse Blvd.

Charlotte, NC 28723

800-763-4434

www.solveindustrial.com