Members in the News
We are proud of our members’ accomplishments. That’s why when there’s good news to share, we want the world to know. Members in the News features news releases and announcements from CEO Roundtable member companies. Please join us in congratulating them.
Meet CEO Roundtable Member: Mike Walsh, Former CEO & Owner of Essco Calibration Laboratory
At CEO Roundtable, we celebrate leaders who make bold moves and embrace new chapters. Today, we’re excited to shine a light on Mike Walsh, the visionary behind Essco Calibration Laboratory, who recently navigated a landmark exit with poise, purpose, and lasting impact.
About Mike Walsh & Essco Calibration Laboratory
For over 50 years, Essco Calibration Laboratory, under Mike’s leadership, earned its reputation as New England’s preeminent ISO‑17025 accredited calibration specialist. Serving key sectors—Medical, Life Science, Aerospace & Defense, and Industrial—the company not only delivered precise calibration services but also upheld a culture centered on technical excellence, customer trust, and employee development.
A Strategic Exit: The Sale to Transcat
On August 5, 2025, Essco Calibration Laboratory was acquired by Transcat, Inc. in a record-breaking transaction, marking the largest acquisition in Transcat’s history.
Transcat’s CEO, Lee Rudow, described the integration as a perfect strategic fit—highlighting anticipated sales and cost synergies, operational consolidation in Boston, and formation of the highest-revenue-generating division in the region.
Mike Walsh’s Perspective and Leadership Legacy
Reflecting on the sale, Mike Walsh emphasized his belief in Transcat’s commitment to quality, technical training, and workforce development—citing initiatives like Transcat University as core to the cultural alignment that made the deal possible.
His leadership ensured a thoughtful transition, preserving Essco’s legacy and laying the foundation for its next chapter under new stewardship. It’s a testament to Mike’s thoughtful, people-centered approach to leadership and exit strategy.
What’s Next for Mike Walsh?
- A Transition Beyond Ownership – As Essco transitions into Transcat’s fold, Mike’s leadership continues to be felt through the 113 team members welcomed into the broader organization.
- A Proven Leader, Moving Forward – With the deal closed, Mike is exploring new opportunities—whether that’s guiding other CEOs on strategic exits, mentoring rising leaders, or pursuing fresh ventures aligned with his core values.
Mike says, “The folks in my Roundtable group have been a huge help in ways I could not have imagined. Thanks to you all for your wisdom and support.”
Connect with Mike Walsh
- Explore Essco’s legacy at: www.esscolab.com
- Connect with Mike on LinkedIn: Michael Walsh
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Real-World Impact: How CEO Roundtable Member Steve Farrington is Advancing Flood Preparedness
At CEO Roundtable, we celebrate members making a tangible difference in their industries and communities. Today, we’re shining a spotlight on Steve Farrington, whose innovative approach to real-time flood alerts is helping residents stay ahead of rising waters.
His work, recently featured in The Herald, showcases the power of technology in disaster preparedness—an example of the kind of leadership and problem-solving we value within our peer group.
Read the full article to see how Steve Farrington and his team are turning insight into action: https://www.ourherald.com/articles/app-provides-real-time-flood-alerts/
Visit https://www.transcendengineering.com/ to learn more about Steve’s work.
#LeadershipInAction #CEORoundtable #InnovationForImpact
New Chairman Scott Lewis Interviewed on Radio Entrepreneurs
Radio Entrepreneurs’ host Jonathan Freedman interviewed me shortly after I took over the CEO Roundtable from founder Loren Carlson. Jonathan’s insightful questions made clear his understanding of the “Power of Peers” and of the value that the Roundtable has brought to the Boston business community in its 22 year history.
We talked about some of the unique situations in which a business leader can find themselves, and how a close and confidential relationship with people in similar circumstances dealing with similar issues can make the difference between success and failure.
CEO Roundtable is made up of private, peer advisory groups of 8 to 12 members from non-competing companies. These peer groups provide a forum for invigorating exchanges of information, ideas, and insights.
