Area manufacturer, after ousting CEO, names new top leader

SARASOTA — Helios Technologies, following the ousting of CEO Wolfgang Dangel for violations of company policy, including “poor judgment involving a consensual relation with an employee,” has named a new top executive.

The Sarasota-based company, formerly Sun Hydraulics Corp, named Josef Matosevic president and CEO, effective June 9. He was also appointed to the company’s board, effective the same date, according to a statement. Matosevic, a global executive with experience in a more than a dozen countries, had most recently been with another locally-based company: he was executive vice president and COO of Welbilt, Inc., formerly Manitowoc Foodservice, a publicly-traded global manufacturer of commercial foodservice equipment based in Pasco County. Matosevic had been COO there since 2015, and was interim president and CEO during a transition period in 2018, the release states.