Subscribe to the daily news Sign in
En
Daikin Applied Strengthens Leadership with New Executive Appointments
18 July 2024

Daikin Applied Strengthens Leadership with New Executive Appointments

Daikin Applied, a prominent manufacturer of commercial and industrial HVAC equipment, has expanded its leadership team with two strategic appointments. Jeff Shusta joins as Vice President of Corporate Development, while Ashish Srivastava takes on the role of Vice President of Digital and Information Technology. These appointments align with Daikin's mission to modernize and decarbonize buildings.

"Jeff and Ashish enhance our talent pool, from executives to service technicians," said Yu Nishiwaki, COO for Daikin Applied Americas. "Their expertise will help us innovate and provide superior customer experiences, especially as companies aim to improve comfort and air quality while reducing carbon emissions."

Shusta, with over 20 years in mergers and acquisitions (M&A), joins Daikin to lead its growth strategy through M&A and strategic partnerships. "Daikin's success is remarkable, and I'm excited to help sustain and accelerate this growth trajectory," said Shusta. His previous roles at 3M, Merrill Lynch, and other firms reflected his proficiency in business strategy and M&A, having contributed to over 100 transactions across various sectors.

Srivastava brings 22 years of experience in digital transformation and IT. In his new role, he will spearhead Daikin's digital and technology strategy. "Digital technologies are essential for creating occupant-friendly spaces and optimizing operations," said Srivastava. His prior experience includes leading digital transformations at a global healthcare technology company and consulting on large-scale projects.

These appointments signal Daikin's ongoing commitment to innovation and sustainable growth, enhancing its ability to meet diverse customer needs across sectors.
Related tags: HVAC, Daikin
Share
Subscribe to the Refindustry Daily Newsletter
Trusted by 3,000+ refrigeration professionals worldwide
or sign up with
Google
LinkedIn
Facebook
No spam. Only industry-relevant news.
Unsubscribe anytime.

Related news

Watsco posts record 2025 gross margin
Watsco, Inc. said full-year 2025 results included a record gross profit margin amid what it described as challenging HVAC/R market conditions. In the year ended December 31, 2025, revenue decreased...
24 Feb 2026
Texas-based NexCore adds three HVAC firms, surpasses 900 staff
NexCore, a provider of commercial HVAC services in the United States, said it concluded 2025 with three acquisitions that added more than 155 employees, bringing its workforce to over 900 full-time...
25 Feb 2026
Hitema Canada Expands Thermal Solutions Across North America
Hitema Canada represents Hitema International across North America, delivering thermal solutions for data centers, AI and high-performance computing environments, as well as industrial and process ...
yesterday
LG cites 9th straight AHRI Performance Award for HVACR
LG Electronics said it has again received the AHRI Performance Award from the Air-Conditioning, Heating & Refrigeration Institute (AHRI), marking the ninth consecutive year the company has earn...
17 Feb 2026
Knorr Bremse Rail Systems in Hungary installs Haier MRV 5 3-pipe VRF
Knorr Bremse Rail Systems Budapest has upgraded the HVAC system in its main office building at the Helsinki Street site in Hungary. The 12-room building serves up to 50 people, and the project repl...
02 Mar 2026
Munters receives $82M chiller order for US data center
Munters has secured an order worth 82 million USD (approximately 775 million SEK) for its Geoclima Circlemiser chillers, including service and commissioning. The order comes from a US-based dat...
30 Dec 2025