PCORE Electric Company, Inc., formerly the Bushing Division of Lapp Insulator Company, LLC, was formed in July 2004, by management and an investor group led by DeltaPoint Capital Management, LLC and HSBC Capital (USA) Inc.

DeltaPoint Capital is a private equity fund headquartered in Rochester, NY, that invests in management-led buyouts and other change-of-control transactions involving businesses located in Upstate New York. HSBC Capital manages a private equity and mezzanine financing business targeted at profitable, middle-market companies.

Yavuz K. Erkan
Vice President & General Manager
Yavuz Erkan has invested his entire career in servicing the worldwide electric utility industry, joining Lapp Insulator Company in its engineering development program and rising through the company’s sales organization to become Vice President of Marketing & Sales. His responsibilities during those formative years included tenures managing domestic and international marketing & sales programs for Lapp’s insulator & bushing product offerings.

In 1999, Yavuz participated in the management buyout of Lapp while serving as Vice President of Marketing and Sales. He was named Vice President & General Manager of the company’s Bushing Division in February 2000, serving in that capacity until joining with DeltaPoint Capital & HSBC Capital to form PCORE Electric Company, Inc., in the summer of 2004.

Yavuz earned an MBA in marketing & finance from the Simon School at the University of Rochester, and has a BS in industrial engineering from Bosphorus University in Istanbul, Turkey. He attended the electrical engineering curriculum at Rensselaer Polytechnic Institute prior to transferring to Bosphorus University to explore his cultural heritage.

William O. Fields
Chief Financial Officer
Bill joined PCORE in July 2006 and is responsible for the company's finance, accounting, human resources and IT functions. Bill brings over twenty-five years experience in financial management of manufacturing and service businesses. In addition to providing leadership in accounting and administration, he plays a lead role in planning, treasury and risk management.

Bill is a CPA and holds both a BS in accounting and an MBA from Niagara University.

Chungduck Ko, Ph.D.
Director of Engineering & Quality Assurance
Chungduck Ko is responsible for all engineering and quality assurance activities at PCORE, including the administration of all R&D projects and the ISO 9001 program.

A widely published author of technical papers and owner of several patents, Chungduck is a senior member of the IEEE Power Engineering Society and a technical advisor to the United States National Committee for the International Engineering Consortium’s bushing committee. He has been a reviewer for IEEE papers on transformers, bushings, and power system analysis for more than 25 years and is a registered professional engineer in Pennsylvania.

Chungduck previously worked as a staff power systems engineer at the Cooper Power Systems R&D Center and as a Fellow Engineer at ABB’s transformer plant in Muncie, IN. He earned a BS in physics from Seoul National University and worked as an experimental physicist at the Korean Atomic Energy Research Institute. In the United States, Chungduck earned an MS in operations research and statistics and a PhD in electric power engineering, both from Rensselaer Polytechnic Institute, and an MBA from the University of Chicago.

Peter G. Schultz
Director of Operations
A veteran of more than 25 years in the bushing industry, Peter Schultz is responsible for manufacturing operations at PCORE, encompassing all aspects of production, facilities management, process improvement, union labor relations, inventory, and procurement of all components to support the manufacturing floor.

In previous positions at Lapp Insulator, LLC, Peter was supervisor of the bushing division’s high voltage laboratory, rising to manager of quality assurance and the high voltage laboratory and to bushing plant manager prior to PCORE’s acquisition of the bushing division from Lapp. Peter earned a BS in business administration from SUNY Brockport and an AS in business administration from Genesee Community College.