Manufacturer promotes senior executive to division president

SARASOTA — Helios Technologies Inc announced the appointment of Jason Morgan to the position of president, cartridge valve technology. 

Helios is a leader in highly engineered motion control and electronic controls technology for diverse end markets, according to a press release. It's the parent company over what once was the brand Sun Hydraulics. 

“We are very pleased to recognize Jason’s considerable contributions to Helios in a relatively short time,” Josef Matosevic, Helios president and CEO, says in the release. “He has quickly earned this promotion to the role of president, CVT. 

“With over 25 years of domestic and international corporate, M&A, and operating accounting expertise, coupled with a vital technical knowledge of customer requirements, Jason brings significant depth to this critical role,” Matosevic adds. “As we deepen our market reach with our product offerings and expand the markets we serve, he will be valuable in our efforts to advance our technologies and accelerate growth.”

Morgan joined Helios Technologies in 2018 in the position of Vice President of Global Tax. He advanced through roles of increasing responsibility, including Interim CFO for Sun Hydraulics LLC. He became senior VP and managing director of CVT in November 2020 where he has been responsible for managing CVT’s global operations.

“I am humbled by the opportunity to guide the incredibly talented global CVT team here at Helios,” Morgan says. “We are in the early stages of our mission to diversify the Company’s products and end markets and I look forward to further advancing CVT’s best-in-class technology suite as we continue to drive competitive advantages through innovation and responsiveness.”

Helios Technologies operates in two business segments, hydraulics and electronics. The hydraulics segment markets and sells products globally under the brands of Sun Hydraulics for its cartridge valve technology, Custom Fluid Power for its hydraulic system design and Faster which provides quick release coupling solutions. Global electronics brands include Enovation Controls and Murphy.

Helios reported $523.04 million in 2019 gross revenue.