Chief Executive Officer (CEO) Sam Grooms is responsible for measuring risk, managing growth, and maintaining relationships with Hy-Tek Material Handling’s vendors, bankers, and other valuable business partners.
Based in Columbus, Ohio, Sam Grooms has spent his entire professional career, more than 33 years, at Hy-Tek. Working his way through the ranks from Aftermarket Sales Representative and Capital Sales Representative to Vice President of Integrated Systems, Sam was named CEO in 1997.
Under Sam Grooms’ leadership, Hy-Tek’s revenues have grown nearly seven-fold over the past decade, with sales of $72 million recorded in 2013. Recognized for his business acumen, Sam has twice been a finalist for Ernst & Young’s Entrepreneur of the Year Award.
As an Employee Stock Ownership Plan (ESOP), Hy-Tek is owned by its associates. CEO Sam Grooms retains one-quarter ownership of the company, with the remaining three-fourths divided among Hy-Tek’s employee-owners.
Active professionally, Sam served on the board of directors of the Material Handling Equipment Distributors Association (MHEDA) from 1994-2002. In addition, he was a member of MHEDA’s executive board, 1995-2002, and served as the association’s youngest ever president in 1999. Grooms served on Key Bank’s Advisory Council as well as NACCO Material Handling Group and Unarco’s Client Advisory Councils.
Sam Grooms holds a Bachelor of Science degree in Business Administration from Youngstown State University.