Bobby Lucas to become next Hammond CEO

Bobby Lucas to become next Hammond CEO

Bobby Lucas to become next Hammond CEO 479 719 Batteries International

April 19, 2024: Hammond Group, announced yesterday evening that Robert “Bobby” Lucas will become its new president and CEO in June. He takes over from the well-liked and popular Terry Murphy, 67, who has held the position since 2013.

Terry Murphy, CEO Hammond Group, Inc

Murphy will remain on the board of directors and told Batteries International that he is more than happy assist the transition. Lucas will assume his new position with Hammond on June 3 with the aim of supporting what the company called its global growth strategy and execution. It was widely considered that during Murphy’s tenure, Hammond’s international standing and profile rose enormously.

Lucas has been a legal adviser to Hammonds management team for over 15 years, most recently worked as managing partner at the Chicago office of law firm Dinsmore & Shohl.

“Bobby Lucas has been a trusted adviser to the Hammond Group for many years,” said Murphy. “He led our divestiture of the Halstab division, guided us through our transformation to an ESOP (Employee Stock Ownership Plan), and has been instrumental in our strategy as a trusted member of our board of directors,” said Murphy.

“Bobby knows our industry and is a critical thinker whose wide range of professional expertise is unsurpassed. I am truly elated to entrust the legacy of this company to such a charismatic and sincere leader.”

In addition to more than 20 years as a corporate attorney, Lucas has held many senior positions with Dinsmore & Shohl. He has been chair of Dinsmore & Shohls corporate department, co-chair of the business, acquisitions and securities practice group, a member of the firms executive committee, on their board of directors, and was vice chair of the firms finance committee.

Lucas said: “I look forward to working with the entire Hammond team to continue to build on the incredible growth and transformation the company has experienced under Terry Murphy’s leadership during the last 10 years. The company has an incredible innovation history and a very bright future.”

Murphy told Batteries International that he would be grateful to be able to take some of the workload off his shoulders. “I still want to keep working but no longer at this pace — being head of Hammond is a 24-hour, 365 days a year job.

“I plan to remain on the Board, support Bobby and his staff to ensure a smooth transition, and will continue to explore new opportunities for Hammond, including a full transition to 100% ESOP.

“Thank you for the opportunity and support everyone in the battery industry has given me over the last decade. It has been an extremely rewarding endeavor for which I am forever grateful.”