Houston, Texas, February 7, 2024 – Employee Owned Holdings, Inc. (EOH), the parent company of Hydraquip, Inc., GCC, and Supreme Integrated Technology, Inc., today announced the hiring of Paul Oliphant as its new chief financial officer. Paul succeeds Matt Weisser, the previous CFO, who had been promoted to be the President of EOH in September 2023.

Paul joins EOH with close to 30 years of experience in the areas of finance, accounting, and financial management, going back to his origin as an auditor for Ernst & Young, LLP in 1995. Paul had most recently worked as the CFO and SVP for Velentium, LLC, a company engaged in the design, development and manufacturing of medical devices. As CFO, Paul will oversee corporate finance, accounting, and the risk management requirements for the company, and report directly to the company’s President.

“We are extremely excited to have Paul join us. Paul’s capability and potential were evident when we met and we feel he will be quite proficient at continuing the successes that makes this such a wonderful company to be a part of,” said Matt Weisser, President of EOH.

“I’ve been immensely impressed with this company, its goals, and its leadership,” said Paul Oliphant. “I’m excited to join a company with an excellent reputation and world-class customers and vendors.”

Paul holds a Bachelor of Business Administration degree in Accounting from Texas A&M University and is also a certified public accountant. When not working, Paul also enjoys spending time with his wife, Denise, and his four sons, being active in various outdoor activities including mountain climbing, running and disc golf.

EOH is a 100% employee owned company based in Houston, Texas and the parent of Hydraquip, Inc., Supreme Integrated Technology, Inc. and GCC collectively doing business in Texas, Oklahoma, Louisiana, Florida, Colorado, Washington, Oregon, Tennessee, Arkansas, Arizona & New Mexico.