Dynamic Materials Corp.

Dynamic Materials Corp.

Sector: Fabricated Plate Work (boiler Shops) Region: CO, United States

: | Nasdaq: BOOM

Based in Boulder, Colorado, DMC serves a global network of customers in the energy, infrastructure and industrials markets through two core businesses: NobelClad and Oilfield Products. The NobelClad segment is the world’s largest manufacturer of explosion-welded clad metal plates, which are used to fabricate capital equipment utilized within various process industries and other industrial sectors. Oilfield Products refers to the business of DynaEnergetics, an international developer, manufacturer and marketer of advanced explosive components and systems used to perforate oil and gas wells.

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Well Drilling and Perforating Process

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Explosion Welding Process


Kevin Longe, President, Chief Executive Officer and Director
Mr. Longe became DMC's President and Chief Executive Officer on March 1, 2013. He has served as a director since joining the Company on July 17, 2012 as Chief Operating Officer. From March, 2011 until joining DMC, Mr. Longe served as an executive of Sonoco, Inc., first as President of Sonoco's Thermo Safe business from March 2011 to March 2012 and then from March 2012 to July 2012 as a Vice President and General Manager with Sonoco's Protective Packaging Division. From April 2010 until joining Sonoco, Mr. Longe was self-employed performing consulting and investment work. From 2004 through April 2010, Mr. Longe served in various positions at Lydall, Inc., most recently (2007-2010) serving as president of its subsidiary, Lydall Performance Materials, Inc. Mr. Longe is a graduate of the University of Michigan and holds an MBA with Distinction from Northwestern University's Kellogg School of Business.
Michael Kuta, Chief Financial Officer
Mr. Kuta has served as Chief Financial Officer since joining the Company in March 2014. He was previously corporate controller with The Lubrizol Corporation, a global specialty chemicals company owned by Berkshire Hathaway. Kuta was responsible for Lubrizol's corporate accounting, consolidation and financial reporting functions, as well as oversight of internal controls. Prior to Berkshire Hathaway's 2011 acquisition of Lubrizol, Kuta held a variety of financial roles, including managing Lubrizol's quarterly and annual public company filings with the Securities and Exchange Commission. Following the transaction, he played a lead role in integrating Lubrizol's financial reporting into Berkshire Hathaway. Kuta has built and managed financial operations for disbursed global operations, both at Lubrizol and prior employer Lincoln Electric. He also has managed a variety of complex financing transactions and assisted in the development of long-range strategic business unit growth plans. He is a CPA and holds a master's of business administration in finance from Case Western Reserve University. He earned a bachelor's degree in accounting from Kent State University.
Jeff Nicol, President, NobelClad
Jeff Nicol was promoted to President and General Manager of NobelClad in October 2012. He was Vice President and General Manager of DMC-Clad Metal in North America between January 2011 and October 2012, and joined the Company in February 2008 as the segment’s Vice President of Sales & Marketing.

Prior to joining DMC, Mr. Nicol spent 21 years with Alcoa, a global leader in lightweight metals technology and manufacturing, and the pioneer in the industrial aluminum industry. The majority of his time with the company was at Alcoa Forged Products, which produces value-add aerospace and industrial gas turbine products made of titanium, nickel and aluminum alloys. There, he ascended through various metallurgical engineering roles culminating in Chief Metallurgist. He then transitioned to sales & marketing where he served in various commercial roles over a 10-year period. He concluded his tenure with Alcoa as Global Marketing Director. Mr. Nicol is a metallurgical engineering graduate of the University of Cincinnati and holds a master’s of business administration from John Carroll University.
Ian Grieves, President, DynaEnergetics
Ian Grieves, President of DynaEnergetics, joined the Company in January 2013 with more than 20 years of diverse operational, engineering, finance and management experience with multiple international industrial businesses. He previously spent seven years with Lydall, Inc., where he most recently was senior vice president of the companys $130 million Performance Materials division. He was responsible for a wide range of commercial and engineering activities, including research and development, product management, marketing and sales to a diverse spectrum of industrial end markets.

While at Lydall, Grieves marshaled a number of strategic initiatives, including the launch of a major product offering, the successful restructuring of a business unit and the integration of a strategic acquisition.

He also spent 13 years with AAF International, one of the leading providers of advanced air filtration systems. Grieves ascended through the company's European business to ultimately become vice president and general manager of AAF Europe. He was responsible for three divisions and multiple operating sites across Europe, the Middle East and China.

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