LGG Industrial Appoints New CFO - Modern Distribution Management

LGG Industrial Appoints New CFO

The fluid transfer and sealing products distributor adds taps an executive who has spent the past decade in CFO roles at private equity-owned businesses.
LGG Industrial

Pittsburgh-based LGG Industrial appointed Daniel Petschke as chief financial officer, the distributor announced July 13.

Petschke

Petschke brings financial leadership experience across publicly traded and private equity-backed organizations. He most recently spent a decade serving as CFO for private equity-sponsored companies, where he helped improve organizational performance, scale operations and execute strategic initiatives.

MDM Podcast: Inside LGG Industrial’s Rebrand, Upgrades & Tariff Strategy – June 2025

In his new role, Petschke will work with LGG Industrial’s leadership team to drive financial performance and value creation across the company.

“Dan’s combination of industrial distribution experience and financial leadership makes him an outstanding addition to our executive team,” LGG Industrial CEO Jeff Crane said in a news release. “As we continue to grow our business across North America, Dan’s expertise will help position LGG Industrial for continued success while creating long-term value for our customers, associates and stakeholders.”

Formerly known as ERIKS North America, LGG Industrial distributes fluid handling, sealing, fluid power and material conveyance products and provides related technical and value-added services. The company is backed by investment firm Luther King Capital Management.

On MDM’s 2026 Top Distributors Lists, LGG was No. 5 for Hose/Hose Accessories and No. 43 for Industrial Supplies.

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