Creation Technologies, (“Creation” or the “Company”), a global specialty Electronics Manufacturing Services provider, today announced several senior leadership transitions that are effective February 1, 2025. Patrick L. Freytag, who has been serving as Creation’s Chief Financial Officer, will be appointed Chief Executive Officer. He succeeds Stephen P. DeFalco, who will become Creation’s Executive Chairman. Megan Melusky, most recently Senior Vice President, Finance, will be promoted to Chief Financial Officer. This planned succession is designed to ensure consistent, strong leadership at Creation as the Company continues to serve as a distinctive partner to Aerospace & Defense, Medical Device, and Tech Industrial Original Equipment Manufacturers (“OEMs”).
Freytag, who has been with the Company since 2019, brings over 20 years of financial and operational leadership experience to the role. Working side by side with DeFalco, Freytag has driven Creation’s financial strategy, optimized operational efficiency, and managed key acquisitions.
Freytag expressed his commitment to Creation’s customers and employees: “I am honored to take on the role of CEO. I’m focused on leveraging the strong foundation we’ve built to drive growth by continuing to deliver exceptional technology solutions to our customers. I look forward to working with every level of our organization to continue to build Creation into the first scaled specialty provider in the industry, setting the standard for excellence.”
Melusky, who has been with the Company since 2021, brings more than 25 years of financial, operational, and supply chain expertise from the medical device industry. In her tenure at Creation, Melusky has led transformative projects, built an operationally focused team, and delivered strategic financial leadership to the Company.
DeFalco, who has served as Creation’s Chairman and CEO since 2019, will transition to Executive Chairman and continue as an Affiliate Partner at LindsayGoldberg Private Equity. DeFalco conveyed his enthusiastic support for the changes, “Patrick has worked closely with me as we have grown the Company’s revenue from $500 to $950 million and expanded the number of sites from 8 to 13. I am confident in his ability to lead Creation, deliver world-class service to our customers, and create opportunities for our employees.”
Creation Technologies will continue its business focus on the needs of high-reliability/medium-volume programs in the Aerospace & Defense, Medical Device, and Tech Industrial segments.
For more information, visit www.creationtech.com.
