March 27, 2015 (Chatsworth, California): Gary Yomantas has announced his plan to retire as president of New Hampshire Ball Bearings, Inc. (NHBB) and head of the NHBB/myonic Business Unit on March 31, 2015. He will retain the additional positions he holds as president of NMB (USA) Inc. and as Minebea’s general manager of regional affairs for the Americas until July 1, 2015. Afterward, he will stay on as an advisor for at least another year in order to direct a smooth handoff of responsibilities for NHBB, the NHBB/myonic Business Unit, and NMB (USA) to his successor.
Yomantas has been the president of NHBB since 1993. During his tenure, he has led the company through over two decades of profitable growth, higher levels of customer satisfaction, and the acquisitions of two European subsidiaries, CEROBEAR GmbH and myonic GmbH.
His exceptional talents and proven results have earned Yomantas greater responsibilities and a succession of promotions with the Minebea Group of Companies. Since 2004, Yomantas has held dual executive positions as president of both NHBB and NMB (USA). In 2006, Yomantas was elected an executive officer by Minebea’s Board of Directors, becoming the first American in the history of the company to earn this distinction. In 2009, after the acquisition of myonic GmbH, a transaction in which he played a key role, Yomantas was promoted to managing executive officer and named head of the NHBB/myonic Business Unit. Yomantas honed his leadership skills and business acumen while working for Minebea’s US subsidiaries. He joined the company in 1972 and held a succession of management roles in sales and operations before serving as president of NMB Technologies from 1990 to 1993.
Yomantas holds a Bachelor of Science degree in Engineering from UCLA and a MBA from the Graziadio School of Business and Management at Pepperdine University. He serves as a member of the business school’s Board of Visitors and is an active participant in the Pepperdine Mentorship Program. In 1994, the Pepperdine business school honored Yomantas with its Distinguished Alumnus Award.
Yomantas is also a past chairman of the American Bearing Manufacturers Association (ABMA).
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