Doylestown, PA – August 16, 2024 – Dontech, Inc. is proud to announce that Richard Paynton, Dontech’s CEO and CTO, has been named the recipient of a 2024 Lifetime Achievement Award by Vistage, the world’s largest CEO coaching and peer advisory organization for small and midsize businesses. The Lifetime Achievement Award honors long-standing members who set a high standard in commitment to growth of their companies and teams.
Under Paynton’s leadership, Dontech has reached new heights in the field of optical component manufacturing. Under his leadership as CEO, Dontech has grown fourfold. In particular, Paynton has focused on modernizing the organization, with emphasis on building a robust, collaborative corporate environment. “Being recognized by Vistage is a true honor,” Paynton said. “But the credit for this must go to my entire team. Successful leaders are truly only as good as the people they surround themselves with.”
David Alden, Vistage Chair for the Philadelphia region, added, “Richard has been one of the pillars of the group for quite a long time and this Lifetime Achievement award recognizes his contributions.”
Today, Dontech boasts a better-than-on-time delivery rate and a track record of impeccable quality. Paynton also attributes Dontech’s success to his dedication to vertical integration strategies that allow Dontech to offer unique technological advantages. “By bringing capabilities in-house, we reduced costs while expanding customization for customers,” Paynton said, “allowing for significant leverage in the military, avionic and medical electronics industries.”
About Dontech, Inc.
Dontech’s and its DyneTEC division’s Quality Management System is AS9100D and ISO-9001:2015 certified with TÜV Rheinland of North America. Dontech designs and manufactures optical filters, components and coatings for precision optics, displays, and touchscreens to enhance the performance of optical systems. DyneTEC is Dontech’s high value-added, R2R vacuum deposition division, specializing in the coating and treating of polymeric films and metal foils. Both Dontech and DyneTEC serve mission-critical applications in defense, avionics, medical, and industrial markets.
Founded in 1971, Dontech operates four facilities in Doylestown, PA that are uniquely outfitted and vertically integrated with an extremely broad range of design, test and manufacturing capabilities.
Learn more at dontech.com and dynetec.com.
About Vistage Worldwide, Inc.
Vistage is the world’s largest CEO coaching and peer advisory organization for small and midsize businesses. For more than 65 years, Vistage has been helping CEOs, business owners and key executives solve their greatest challenges through confidential peer groups and one-to-one executive coaching sessions. Today, more than 45,000 members in 35 countries rely on Vistage to help make better decisions for their companies, families, and communities. Learn more at vistage.com.