Bob Eng, Pacific Consolidated Industries LLC (PCI) CEO announced his early retirement, effective June 24, 2022, after a successful 15-year career with PCI. Francois Lacombe was appointed as his successor and took over the responsibilities as CEO of PCI immediately after.
Bob Eng served as the CEO of PCI since 2009. In the following years Eng played a critical role in leading the company to achieve its strategic objectives of increasing revenue, profitability, market share, diversify into the on-site commercial oxygen market as well as foreign operations, and positioned the company for future growth. Eng is proud of the Company’s history and impact on the important markets and end customers we serve. PCI thanks Eng for his leadership and his successful contribution leading future growth and increasing our customer base both in the U.S. and international markets.
Francois Lacombe is an exceptional leader with extensive years of experience in senior management positions and expertise in international strategic business development, plan execution, aftermarket services, supply chain operations, sales and marketing strategies. In the past 20 years, he has worked mainly for Private Equity group in turn around situations prior to an exit. His strong leadership experience and international business acumen makes him the choice to drive and champion PCI’s global business growth objectives and meet the demands of our customers. Prior to joining PCI Lacombe held the role of CEO at Teleplan/Reconext, a Private Equity backed aftermarket services company. He also served as CEO of Anovo and became Senior Vice President Logistics and Repair at Ingram Micro CLS, following the sale of Anovo to Ingram Micro. Lacombe previously held a variety of leadership positions with Kiala (UPS Group), Kuehne + Nagel, General Electric, and Andersen Consulting Strategic Services.
“I am excited to be joining a very successful team. PCI on-site oxygen and nitrogen products and services are impressive, environmentally friendly, and much needed globally. I look forward to developing the Company both geographically and across all business segments, and to serve PCI prestigious list of customers,” commented Francois Lacombe in his new role.
PCI is a global supplier of on-site liquid and gaseous oxygen and mobile nitrogen generating systems for the military, oil and gas, and medical and industrial oxygen markets. Its products enable customers to generate oxygen or nitrogen near their point of use both economically and reliably, and target applications for which distributed industrial gases are either too expensive or too difficult to obtain. PCI is headquartered in Riverside, CA with subsidiaries and facilities in Bangalore, India, Curitiba, Brazil, and Nanjing, China. PCI recently recapitalized with TJM Capital Partners (TJM) to become a TJM equity sponsored company to provide growth resources to meet the worldwide need for PCI products. TJM is fully supportive of the recent PCI efforts for India in particular.