Castle Rock, CO, USA – November 2024 – Master Magnetics Inc., a leading manufacturer and distributor of magnets and magnetic devices, has announced the appointment of Barrett Carlson as Chief Executive Officer (CEO). Carlson, who is also a Partner at Factor89, the private equity firm that acquired Master Magnetics in April 2024, brings a strong background in consulting, corporate development, and fund management, along with a successful track record of business growth.
“I am thrilled to take on this role. For years, Master Magnetics has been the go-to source for magnets for major retailers and OEM applications. We are building upon our talented team with a focus on innovation and collaborating with our customers to develop modern solutions to meet their evolving needs,” said Carlson.
Brandon Barnholt, recently appointed Chairman of the Board, expressed confidence in Carlson’s leadership: “Barrett’s talent and commitment to culture and relationships, combined with the expertise of key leaders like Jim Hallene and Benjamin Kleiman, represent a remarkable depth in retail and distribution to propel the company forward.”
About Master Magnetics Inc.:
Founded in 1976, Master Magnetics Inc. has become a prominent innovator in magnetic solutions, catering to both retail and industrial clients. With a commitment to quality and customer service, the company’s Magnet Source® brand stands as a symbol of product expertise and reliability in delivering practical magnetic solutions.
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