| Drew Devitt Chairman and CTO, shareholder Drew Devitt founded New Way Air Bearings in 1994 to realize business success through the commercialization of porous media air bearing technology. From the time of New Way’s founding, Devitt, as CTO, has maintained its research efforts, and its connections with research and academic institutions, in order to foster the continued development of air bearing technology and the dissemination of the knowledge gained. Devitt is a major figure in the world of precision and was elected President of the ASPE for the 2007 calendar year. Devitt is the majority owner and serves on the board of directors. He holds a Bachelors Degree in Business Administration.
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