Peak Toolworks announces CEO transition

Peak Toolworks, a manufacturer and servicer of engineered diamond and carbide cutting tools in the U.S. and Canada, announced that Ron Bayus has been appointed to the role of President & CEO, effective immediately. Bayus succeeds Kerry Baskins, who will continue to serve the company in an advisory role to Peak’s Board of Directors.

“Ron has made a tremendous contribution to Peak over his five-year tenure and brings enormous energy, vision, and continuity to the organization.” Baskins said in a statement. “Peak is growing in every fundamental area and Ron helped drive that momentum. I couldn’t be more excited for Ron’s promotion, the future of the organization and the opportunity for me to remain engaged with the board.”

“I am looking forward to serving as President & CEO of Peak Toolworks,” said Bayus. “I have had the privilege of working with Kerry and the most talented employees in the tooling industry over the last five years. We have built a great culture at Peak and we will continue to stay focused on our ‘True North’ vision. Peak will continue to deliver innovative products and industry leading service, quality, and employee career development for years to come.”

“We thank Kerry for his contributions to Peak over the last handful of years and look forward to his continued contributions as a Strategic Board Advisor.”