Metal Industry News

Couch Retires as Hypertherm Chairman

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Hypertherm founder Dick Couch has retired from the board of directors. He will become chair emeritus for the Hanover, N.H.-based manufacturer of industrial cutting systems and software.

Richard Lettieri, a long-time board member, will become the chairman of the board.

The succession plan, which has included the intentional appointments of executive leadership, ensures the continuation of the values-based company culture and industry leadership established by Mr. Couch, executives said. Executive leadership of the company remains unchanged under Evan Smith, president and CEO.

“Hypertherm’s mission and values are based on Dick’s distinctive business philosophies and focus on innovation, associate well-being, shared rewards, and the enrichment of our communities and the environment,” said Lettieri. “It’s been an honor to work alongside Dick.”