John Patterson CBE, JCB’s North American group chief executive, has retired after 43 years of service with the company. Arjun Mirdha will be the new president and CEO of JCB North America. Patterson has served as chairman and CEO since 2008.
Patterson joined JCB in 1971 and went on to work in Canada and America before returning to the U.K. in 1988 as managing director of JCB Service. In 1993, Patterson was appointed managing director of JCB Sales before becoming group CEO.
He went on to become the company’s second longest serving CEO, and in his 10 years in the role, sales broke the £1 billion mark ($1.56 billion) for the first time, eventually reaching more than £2 billion ($3.13 billion) by the time he stood down in 2008. He then became chairman and CEO of JCB Inc. based in North America.
“During John’s time as chief executive, JCB achieved unprecedented sales growth and led the company’s transformation into a truly global company," said JCB Chairman Lord Bamford. "I thank John for his contribution over the past 43 years and am delighted he will remain a director of the JCB Group and chairman of the board of the JCB USA companies.”
Under Patterson’s leadership as Group CEO, JCB opened facilities in Savannah, Ga.; Sao Paulo, Brazil; Pune, India and Shanghai, China. In 2010 he oversaw a $40 million investment in a new range of skid steer and compact track loaders which went into production at JCB’s North American headquarters in Savannah.
“I am proof that that there are no boundaries to career development at JCB and I have had an incredible time over the past 43 years," Patterson said. "I am proud to have been part of a team which has seen JCB become the world’s third largest construction equipment manufacturer and achieve market leadership for many of its products. JCB has made excellent progress in North America in recent years but there are many more opportunities to be seized and I wish Arjun Mirdha well as he leads the team as president and CEO of JCB in North America.”
Mirdha took up his new role from Jan. 1, 2014, reporting directly to Graeme Macdonald, JCB Group chief executive.