The next generation is taking over at NovaTech in Quakertown.
Conrad Oakey will assume the role of CEO from his father, Volker Oakey, who will stay on as chair of the board of directors.
Volker Oakley has owned and led NovaTech since 1979. The company provides automation solutions for electric utilities and process manufacturers around the world. Over the years it has acquired companies such as GSE Systems in 2003 and Bitronics in 2008.
Recently, NovaTech made changes to integrate its power and process divisions to increase its ability to sell across its traditional market segments and streamline operations.
“With these changes, the time to introduce a new CEO felt right,” said Volker Oakey. “We have a strong and energetic group of leaders. Conrad has been preparing for this for most of his life. I could not be more proud to make this handoff. I am confident and excited about the future of the company.”
He noted that Conrad Oakey has been involved in the company since he was a young boy and has worked for NovaTech in a variety of positions for the past 23 years.
He was instrumental in developing the company’s digital presence, helped establish succession planning and increased the company’s media presence.
Since 2018 he has served as NovaTech’s vice president of strategy and communications.
He received a dual B.A. in Chemistry and Studio Art from Williams College in 1998. In 2013, he received an MBA from Duke University, Fuqua School of Business.