David (Dave) D. Petratis is chairman, president and chief executive officer (CEO) of Allegion.
Allegion is a $2 billion security solutions provider for homes, businesses, schools and other institutions, employing more than 9,500 security professionals. As CEO, Dave has focused his efforts on creating a winning culture through employee engagement that is driving transformation, innovation, accelerated growth and profitability at a global scale. Dave also led the efforts during the spinoff from Ingersoll-Rand to become Allegion, a publicly traded company in December 2013. Under Dave’s leadership, Allegion is building a great story of success for customers, employees and shareholders.
Prior to being named CEO of Allegion, Dave served as chairman, president and CEO of Houston-based Quanex Building Products Corporation, maker of engineered materials and components for building products. Under his direction, he guided Quanex through one of the construction industry’s toughest economic periods. In addition, his team grew the company organically and through acquisition, creating global product leadership positions. Dave also strengthened the company’s culture around one brand, core values, health and safety.
Dave’s began his career at Square D Company in 1981, where he held positions of increasing responsibility in Lincoln, Neb., Raleigh, N.C., and Columbia, S.C. The company was acquired in 1991, and is now a subsidiary of Schneider Electric. From 1994 to 2003, he served as president of MGE UPS Systems Americas, a privately held manufacturer of power supplies. During his tenure as president, he was part of the leveraged buyout by management, resulting in the creation of MGE. In 2003, Dave returned to Schneider Electric as president and CEO of its North American operating division, a market-leading brand of electrical distribution and industrial control products, systems and services.
From 2004 to 2012, Dave served as a director of Gardner Denver, the global manufacturer of industrial compressors, blowers, pumps, loading arms and fuel systems. He has also held positions on the board of directors of the University of California, Irvine Graduate School of Management, the California State (Fullerton) Quality Advisory Board, and Project Independence, a community agency in Costa Mesa, California for the developmentally disabled. He also served on the board of governors of National Electrical Manufacturers Association (NEMA) and the International Electrical Safety Foundation.
Dave and his teams have been recognized for safety and manufacturing excellence by Industry Week magazine, and was the 2001 Ernst & Young Entrepreneur of the Year.
He holds a B.A. in industrial management from the University of Northern Iowa and an MBA from Pepperdine University. Dave and his wife, Cindy, have three daughters.