Published 02/04/2021

FactoryWiz Promotes Richard Hefner to Company President

FactoryWiz has announced that Richard Hefner, formerly its executive vice president, will now succeed John Hosmon as the company’s president.

Edited by: Evan Doran

Senior Associate Editor, Modern Machine Shop

FactoryWiz, part of the Refresh Your Memory Inc (RYM) family, has announced that Richard L. Hefner will succeed John Hosmon as president. Hefner previously served as executive vice president for the company.

Hefner has more than 22 years employment with RYM in almost every position of the company. He has spent the last 10 years in senior management along with equity ownership, and has demonstrated extensive leadership skills as a member of the board.

“Richard is the right leader for FactoryWiz,” says John Hosmon, RYM’s chairman of the board. “Richard’s extensive manufacturing technology background and business development skills should help RYM strengthen channel partnerships, develop strategic alliances and expand our international sales presence. We believe his strong leadership experience will help focus RYM during its continued expansion and growth.”

“This is an exciting time at FactoryWiz,” Hefner notes. “Manufacturing is running head-on into the Internet of Things, and we’ve got the right people to bridge that knowledge gap between manufacturing, management and IT. We are in an excellent place to take advantage of the trend toward private clouds while keeping the manufacturing equipment itself off the internet. Establishing OEE baselines and providing the necessary reporting tools to measure them is the future of our industry.”

Hefner has successfully maneuvered the company through several growth phases and improvements; developed the FactoryWiz Monitoring & DNC software product; moved the company headquarters from San Jose, California to Corvallis, Oregon; and managed trade show exhibitions around the country and internationally.

John Hosmon, who has served as founder and president since the company’s inception in 1983, will continue to serve as board chairman and maintain his service with RYM as executive sales administrator.