All Press Releases for July 01, 2024

J. Derrill Rice Celebrated for Dedication to the Field of Business and Team Development

J. Derrill Rice lends years of expertise to his work with API Heat Transfer



An acclaimed executive with a global footprint, Mr. Rice has a proven track record of success in business development, patented innovation, strategic planning, and international operations.

    ELKIN, NC, July 01, 2024 /24-7PressRelease/ -- J. Derrill Rice has been included in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

An acclaimed executive with a global footprint, Mr. Rice has a proven track record of success in business development, patented innovation, strategic planning, and international operations. As the chief executive officer of API Heat Transfer, he maintains profit and loss responsibilities for nine locations spanning North America, Germany, and China. His previous roles with Plastic Components, Inc., and TE Connectivity, where he oversaw billions in revenues, further underline his global influence.

During the early stages of his career, Mr. Rice gained valuable expertise in business management as president of International Textile Group's Burlington House Division, where he implemented a restructuring strategy that included domestic plant consolidation, cost reduction efforts, and global platform development. Mr. Rice has successfully managed profit and loss initiatives for multi-billion-dollar organizations throughout his career.

Before establishing himself professionally, Mr. Rice earned a Bachelor of Science in business and mathematics from Presbyterian College. Subsequently, he expanded his knowledge by completing an MBA at Clemson University. In addition to his professional achievements, he has made significant contributions to his community. He has aligned himself with several organizations, including Morgenthaler Private Equity, MSHS Group, Elkin Vally Trail Association, and other local business development associations. He and his family founded and own a vineyard & winery property – Grassy Creek Vineyard & Winery- and a historic cabin retreat complex – The Klondike Cabins. His long-standing membership in the Elkin Presbyterian Church is a testament to his faith and dedication to his community, fostering a sense of connection and shared values.

Due to his vast breadth of knowledge, Mr. Rice authored "The Magic of Empowerment – My Journey in Servant Leadership," which discusses how empowerment has driven his achievements. As the child of a single mother, he became the chief executive officer of several successful manufacturing companies by empowering others through servant leadership. In light of his professional achievements, Mr. Rice was honored with a Leadership Award by TE Connectivity, a career highlight that rivaled writing and publishing his own book.

Though hard work and dedication have brought him far in his career, Mr. Rice credits his success to the mentors who have guided him throughout his career and his strong work ethic and educational foundation. Shortly, Mr. Rice aims to lead API Heat Transfer to a successful exit for the liquidity event for current stakeholders and continue giving back to his community.

About Marquis Who's Who®:
Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America®, Marquis Who's Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Who's Who in America® remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. The suite of Marquis® publications can be viewed at the official Marquis Who's Who® website, www.marquiswhoswho.com.

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