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Index Corp. has announced that Michael Huggett will succeed Cris Taylor as the company’s president and CEO. Huggett will assume leadership of the company during a transition period in April 2025, concluding with Taylor’s retirement at the end of that month.

Huggett brings with him over 30 years of industry experience. He started his career as a machinist, followed by roles of increasing responsibility at multiple prominent machine tool builders. Most recently, he has served as the director of sales for Index Corp. since early 2017.

Reiner Hammerl, managing director – sales of Index Werke, the German parent company of Index Corp., says, “Michael has played a vital role in [the company’s] growth and in the transformation of our subsidiary. He possesses the perfect combination of experience and expertise to ensure that we continue to grow our customer base and evolve to meet their changing needs.”

Taylor took the helm of Index Corp. in January 2021 and has overseen much of the company’s growth. His retirement caps a 40-year career that began as a machine building apprentice and culminated in serving as CEO of multiple machine tool organizations over the past two decades. In retirement, he plans to use his newfound free time to restore and work on his motorcycle collection and travel extensively.