Two execs leaving Enerpac Tool Group amid organizational changes

Enerpac Tool Group
Enerpac Tool Group

Menomonee Falls-based Enerpac Tool Group is making changes to flatten and simplify its organizational structure, leading to the departure of two executive vice presidents. Jeff Schmaling, EVP and chief operating officer, and Fabrizio Rasetti, EVP, general counsel and secretary, were notified Tuesday that they would no longer serve in their roles as of Dec. 10.

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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