Lead photo: From left to right: Charles Spungen, Jeffrey Spungen, Drew Beadle, Glenn Spungen and Danny Spungen. All employees received a succulent, which the company said is a strong and resilient symbol of PEER’s future growth.
Industrial chain and sprockets distributor PEER Chain & Sprockets promoted Drew Beadle to President of the company, effective January 2025.
Prior to joining PEER Chain & Sprockets, Beadle led the design and manufacturing team in Cedar Falls, IA, and he has been with PEER Chain for five years.
“Beadle understands the industry as well as anybody,” PEER Chain Board Member Jeff Spungen said in an Oct. 9 news release. “He knows what makes an implementation of our product successful for a customer. He’s smart, detail-oriented and has encyclopedic knowledge of our company and will lead the team well.”
Outgoing President and Board Member Glenn Spungen and his brother Danny Spungen, the VP of Strategic Management, along with cousins Charles and Jeffrey Spungen, will continue to serve on the company’s board of directors as they have in the past.
Waukegan, IL-based Peer Chain is a family-owned company that focuses on inventory stock of major chains with and without attachments and popular sprockets. The company was established in 1969 by Nate Spungen.
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