NTN Bearing Corporation of America announced the retirement of president and chief executive officer Pete Eich, effective June 1.
The company said that, after 42 years of service to NTN, Eich (pictured above) decided to step down from his role. Tom Mohrdieck, currently vice president of the industrial OE business unit, will take over.
Eich joined the company in 1982 as an application engineer. He has led the engineering department and industrial OE sales department before being promoted to president in 2006. Eich served as an executive officer of NTN Corporation from 2011-2017.
“I have cherished every moment of my 42 years with NTN, from my early days as an application engineer to my time as President and CEO. It has been an incredible journey, filled with growth, innovation, and the privilege of working alongside such talented individuals,” Eich said in the announcement.
He has agreed to remain with the company part-time as executive advisor through August 2025 to assist in the transition to new leadership.
Mohrdieck brings 35 years of experience to his new position, having joined NTN in 1990. He has a background in engineering and sales, including various management and leadership roles at NTN.
As president and CEO, Mohrdieck will oversee each of the company’s five business segments (industrial OE, automotive OE, industrial aftermarket, automotive aftermarket and automation), along with finance, HR, business innovation, customer service, operations, marketing and engineering functions.
He will also be a member of the NTN Americas leadership team.
“As I step into this new role, I look forward to leading NTN into the future, building on the strong foundation that Pete has established,” Mohrdieck said. “Together with our talented team, I am committed to driving innovation, growth, and excellence in all aspects of our business.”
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