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President and fourth-generation family-business leader · Trico Corporation · Pewaukee, Wisconsin

Jim Jung

Jim Jung, fourth-generation president and stockholder of Pewaukee-based Trico Corporation since 2016. Not his father Bob (Robert) Jung, the third-generation CEO/strategic-initiatives leader.

Net worth

$5 million+

September 17, 2026

About

Jim Jung represents the fourth generation of family leadership at Trico Corporation, the Pewaukee industrial-lubrication business founded in 1917.

He worked through production and operations, became director of operations, was promoted to vice president and stockholder in 2013, and succeeded his father Bob Jung as president at the start of 2016.

Trico's scope now reaches well beyond its original lubrication hardware. The company supplies oil-analysis and reliability services, storage and transfer systems, condition-monitoring devices and digital tools for maintenance teams in industries such as power generation, chemicals, refining, pulp and paper. Acquisitions beginning in the early 2000s pulled the family manufacturer closer to end users.

Under Jung, that service expansion has become a digital-transformation story. Trico has built cloud-connected sensor, portal and mobile-app systems that help customers monitor equipment and identify contamination or failure risks before costly downtime. The combination of century-old family ownership and newer recurring laboratory, data and software services makes Jung a deeper-bench Pewaukee industrial subject.

Companies and affiliations

  • Trico Corporation

Notable facts

  • BizTimes reported Jung's 2013 promotion to vice president and stockholder after he served as director of operations; he earned a production and operations management degree at UW–Milwaukee.

  • Trico's leadership announcement made Jim Jung president effective January 1, 2016, identifying him as the fourth family generation to lead the company while Bob Jung remained CEO.

  • A 2024 interview describes Trico's expansion into oil-analysis services and an IoT, portal and mobile-app ecosystem for industrial maintenance data.

What questions can this profile answer

What makes Jim Jung notable?
Jim Jung represents the fourth generation of family leadership at Trico Corporation, the Pewaukee industrial-lubrication business founded in 1917. He worked through production and operations, became director of operations, was promoted to vice president and stockholder in 2013, and succeeded his father Bob Jung as…
What is Jim Jung's estimated net worth?
Jim Jung's estimated net worth is $5 million+ as of 2026-09-17.

Sources

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