Denise Pehrsson, 鈥06 B.A. Psychology, and Cory Pehrsson, 鈥09 B.S. Business, are the mother-son duo behind Dynaflex
A driving force
By Marya Jones BarlowDenise Pehrsson (鈥06 B.A. Psychology) and her son, Cory (鈥09 B.S. Business), never intended to run a company together, let alone one that makes diesel exhaust systems. But in 2012, when a planned sale of Dynaflex鈥攖he company co-founded in 1972 by Denise鈥檚 father, Gil Contreras鈥攄id not materialize, Cory sought help from the most logical source: family.
Denise took a break from her new career as a psychotherapist to take the helm as president. Cory, who had worked for his grandfather鈥檚 company since age 15, became vice president, sharing responsibility for over 7,500 products, 100+ employees, facilities in three states, and a grueling travel schedule of client meetings and trade shows.
Today, Dynaflex is in the strongest financial position in its 43-year history. The company has grown over 40 percent since January 2012 and just experienced its best year in both revenues and profits. Under the Pehrssons鈥 leadership, Dynaflex has adopted a data-driven strategy, revamped and expanded product lines, entered new markets, strengthened customer relationships, and solidified its market position as the highest-quality manufacturer of U.S.-made exhaust systems for heavy duty vehicles. While the company鈥檚 鈥渙riginal monster stacks鈥濃攖he oversized chrome exhaust pipes it innovated in the 80s鈥攔emain a core product and an industry standard, Dynaflex is also gaining ground in new products that reduce emissions in a variety of vehicles.
鈥淚t鈥檚 pretty crazy,鈥 Cory said. 鈥淔our years ago, the business was flailing and today we鈥檙e on track to have our best year yet again. Even with an entire company becoming my responsibility overnight at age 25, I never felt overwhelmed, outmatched, or undereducated. I always felt prepared. I think I owe a lot of that confidence to CI and the successes I had in the Business Program.鈥
Denise, a licensed psychologist who also holds a B.A. in Marketing from CSU Long Beach and a Master鈥檚 in Marriage and Family Therapy from Pepperdine University in Malibu, says her background proved invaluable.
鈥淚 hesitate to think what it would be like to do this job without my psychology training,鈥 she said. 鈥淢y education helped me create an environment in which we could regroup and move forward as a team. I felt like I was moderating a group therapy session for a while there. We problem-solve as a team and I work daily with the staff to assist them in growing as people and managers.鈥
The mixture of business and family has worked out well. Cory handles product development, sales, marketing and distribution, and travels over 20 weeks a year promoting and supporting the brand. Denise oversees operations, scheduling, production and inventory鈥攄uties that come naturally, thanks to a pre-psychology career as a department store buyer and merchandising manager.
鈥淚 miss being a therapist and I still see a few patients a week. I鈥檓 finishing my Psy.D. and plan to return to psychotherapy full-time one day,鈥 Denise said. 鈥淏ut I wouldn鈥檛 have it any other way. I grew up around Dynaflex and so did Cory. My father always said, 鈥榃e owe these people a tremendous amount.鈥 There was no question that we had to put it back together as a family business.鈥
Two other CI alums are instrumental on their management team. Alex Manning (鈥08 Business) manages production, scheduling and business analytics, while classmate Travis Allen (鈥08 Business) manages the sales team.
鈥淲e鈥檙e looking for more Dolphins for our pod,鈥 Cory said. 鈥淐I graduates are different than the average college kids. They have the personalities and skills to dive in and take a big leap. It鈥檚 in our DNA to succeed.鈥
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漏 Fall 2015 / Volume 19 / Number 02 / Bi-annual