Harbour Group has promoted Samuel A. Hamacher, 54, to president, effective immediately. He replaces Jeffrey L. Fox, who became chief executive officer and interim chairman on April 17.
Fox said Hamacher has been an integral part of Harbour Group’s management for decades. “Sam has long been an excellent leader on an outstanding team. He has been instrumental in our growth and in positioning Harbour Group for a very bright future,” Fox said
Hamacher joined Harbour Group in 1988 as vice president of finance. In January of 1992, he was named executive vice president, with responsibility for Corporate Development. Since 1992, he has had oversight responsibilities for over 125 acquisitions in 28 industries, five initial public offerings, five secondary offerings, three cash mergers, and 15 private divestitures. During this period, he has served on the boards of five Harbour Group public companies and was elected to Harbour Group’s Board of Directors in 1997. He is also a member of the Association for Corporate Growth, serving on the Board of Directors of the St. Louis Chapter from 1994- 2000.
Prior to 1988, Hamacher was vice president of finance for Allied Healthcare Products, Inc., formerly a Harbour Group member company. Before joining Harbour Group, Hamacher spent 10 years with Emerson Electric Company, where he held various management positions.
Hamacher earned a bachelor of science, business administration, in accounting from the University of Missouri in 1974 and a masters in business administration from St. Louis University in 1982. He is a member of the University of Missouri’s College of Business Strategic Development Board.
Hamacher is actively involved in the United Way, the St. Louis Variety Club, and the Alzheimer’s Association, and he is a member of the Boards of both the Family Support Network and the American Liver Foundation.
Harbour Group is a St. Louis-based privately owned operating company with a demonstrated record of success in acquiring and building high-quality companies. Since 1976, Harbour Group has acquired 140 companies in 32 core industries, mostly in manufacturing and distribution. Harbour Group is currently seeking product-oriented manufacturing and distribution businesses with enterprise values of $30 million to $500 million.
