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Bob Whalen

Power 100 list

Bob Whalen

CEO

HB Global LLC

He views his primary responsibility as establishing and communicating the company’s organizational vision and constructing the cultural conditions for employee owner success. Another part of his job is to create an environment where it is possible for HB Global’s employee owners make it a great place to work, have a rewarding career, and build long-term wealth for their families.

H.B. McClure was established in 1914 when Herbert Bassett McClure bought into Fisher Brothers and formed Fisher McClure. Whalen purchased HB McClure in 2008 and became CEO. HB Global was born out of HB McClure in 2017, and Whalen transitioned to CEO of the new parent company.

He is proud of convincing the company’s board of directors to sell the company to our employees and become an ESOP in 2010. Whalen said this move has set the stage for organizational success over the past decade. HB Global’s employee owners are the direct recipients of that increased value in their ESOP retirement accounts.

He said the most important life lesson he’s learned involves the evolution from being focused on his personal achievements to being focused on the prosperity of others. “The irony in this is when you help others reach a higher level of success, you accomplish more personally—and there is tremendous fulfillment in helping others realize their dreams,” he said.

Whalen enjoys golfing, fishing, and hunting. “Golfing helps to fulfill my competitive outlet. Fishing and hunting allow me to forget about work and recharge. My favorite time of the year is fall in central Pennsylvania; it’s incredibly beautiful and refreshing to be outdoors,” he said.

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This profile is part of Central Penn Business Journal's Power 100 list for 2021. Information used in this profile was sourced from the honoree. See the full list at cpbj.com or in our digital edition.

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