Creation Technologies Announces Leadership Transition: Patrick L. Freytag Named as CEO
January 16, 2025 | Creation TechnologiesEstimated reading time: 1 minute
Creation Technologies,, 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.
Suggested Items
NAND Flash Manufacturers to Resume Production Cuts in 2025 to Ease Supply-Demand Imbalance and Stabilize Prices
01/22/2025 | TrendForceTrendForce’s latest research report highlights that the NAND Flash industry will continue to face dual pressure from weak demand and oversupply in 2025. In response, manufacturers including Micron, Kioxia/SanDisk, Samsung, and SK hynix/Solidigm have similar plans to cut production—a move that could accelerate industry consolidation in the long term.
Axxon-Mycronic Wins JABIL’s Strategic Supplier Award for 2024
01/20/2025 | Axxon-MycronicAxxon-Mycronic, a leading, global supplier of innovative and production-ready, dispensing and conformal coating systems, is proud to announce that it has received the prestigious 2024 JABIL Strategic Supplier Award.
Sereact Raises €25M to Make Robots Smart
01/20/2025 | SereactTo capitalise on the incredible commercial traction it has achieved, Sereact announces that it has raised €25m in funding to further accelerate the deployment of its pioneering Vision Language Action Models (VLAM) to robotics.
Peters Leverages Inkjet Technology to Optimize PCB Manufacturing
01/17/2025 | PetersPeters has put the second SUSS LP50 ‘Pixdro’ inkjet printer into operation. This machine enables the application of solder resist in digital additive technology by means of the inkjet process, thus providing Peters Research, in this relatively new segment, with more possibilities in research and process technology, in addition to the conventional coating processes (screen printing, curtain coating and spray coating).
Meet Diana Radovan, IPC’s Global Sustainability Policy and Advocacy Lead
01/17/2025 | Marcy LaRont, I-Connect007Dr. Diana Radovan joined IPC in August 2024 as the advocacy lead for sustainability policy, a role that requires awareness of global policy activities. From the IPC Munich office, Diana has been busy working as a policy analyst with Dr. Kelly Scanlon, IPC lead sustainability strategist. In this interview, she shares her background, her role at IPC, and what she wants to accomplish for the benefit of our industry.