Terresolve Technologies, an industry leader in producing environmentally safe lubricants and functional fluids, today announced that Stephen Fazekas has joined the company as director of business development. Fazekas holds more than 21 years of industrial experience in the areas of market development, management, direct sales and engineering. At Terresolve, Fazekas will explore new market opportunities as well as develop and enhance business opportunities within the company’s existing target markets.
Fazekas comes to Terresolve from the AK Steel Corporation, Fortune 500 and S&P 500-GICS member, where he served as regional manager of the Southern United States & Non-Latin American NAFTA region. In this role, Fazekas realigned and optimized the corporation’s sales territories and dramatically increased business with target customer groups. Fazekas also spearheaded a 38 percent overhead reduction of the company’s profit center.
“Steve has had an extremely successful career and solid track record at AK Steel, and we are thrilled he is joining Terresolve,” said Mark Miller, CEO of Terresolve Technologies. “With his vast experience in business planning, sales and sales management, I am confident he will have an immediate and positive impact at Terresolve and will help position us to meet our business goals.”
“I am very excited to become part of the Terresolve team,” said Fazekas. “I’ve seen the excellent work the company has done, and I’m impressed with the superior performance of Terresolve’s products. I am passionate about the people, the products and the potential of the company, and I’m confident my skill set will be beneficial to supporting and expanding Terresolve’s success.”
Fazekas holds a Master of Business Administration (M.B.A.) in Management, Economics from Case Western Reserve University in Cleveland, Ohio, and a Bachelor of Arts in Economics from Tulane University in New Orleans, La.
With more than 50 different applications, the Terresolve EnviroLogic® brand offers a wide variety of biodegradable products, from hydraulic fluids and gear oils to farm fluids and engine oils that have been tested and proven in the world’s toughest environments. Terresolve serves the offshore marine, marine transport, clean energy, fleet, and turf/golf course maintenance markets.