Tuesday 25 December 2018

Ted Fick: Driving Growth through New Product Development

Senior executive Ted Fick has been responsible for driving dramatic organizational growth throughout his career. One of his most notable accomplishments in this area came as President of Thermo King Corporation (2004-2007) – a role in which Fick spearheaded the development and launch of the innovative TriPac - auxiliary power unit.

In its first year on the market, the unit garnered more than $92 million in sales – a feat that not only provided a significant boost to Thermo Tripac King’s bottom line, but that earned Ted Fick a Chairman’s Award for new product innovation. And TriPac continues to be a remarkable asset to both Thermo King and parent company Ingersoll Rand.


“Even today, it is the market share leader,” says Ted Fick. “We were the first mover. We had it perfected long before the other 50 companies wanted to get in the game.”

Visit https://tedfick.wordpress.com/about-ted-fick for more information about him.

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