2025 Top 40 Under 40: Rakesh Mathew

Rakesh Mathew
Rakesh Mathew’s HVAC journey began during his master’s in mechanical engineering at Lamar University, where he specialized in advanced control of mechanical systems, combustion and turbo machinery, and material science with a focus on industrial systems and optimization.
“This foundation enabled me to tackle complex challenges in system design and efficiency, allowing me to develop innovative solutions that enhance performance and sustainability,” Mathew said.
These experiences also laid the groundwork for Mathew’s early roles at Daikin North America and Rheem Manufacturing. At Daikin, Mathew worked as a project engineer, managing product designs and development of light commercial and residential package units. At Rheem, Mathew served as a lead product engineer, where he led the development of Ultra-Low NOx (ULN) commercial water heaters, integrating IoT and advanced features to enhance customer experience.
These projects allowed Mathew to hone his skills in combustion and HVAC engineers, product innovation, and product management — setting the stage for his current leadership in HVAC product management and engineering at Johnson Controls.
“My career goal in the HVAC industry is to leverage my leadership in refrigeration, combustion engineering, HVAC, and product innovation to develop and deliver sustainable, energy-efficient heating and cooling solutions,” Mathew said. “By focusing on cutting-edge technologies and predictive maintenance strategies, I aim to significantly reduce emissions and enhance system reliability.”
One of Mathew’s most significant achievements in the industry thus far was leading the development of the YORK TL9E Ultra-Low NOx condensing furnace — a furnace that exceeds stringent environmental regulations and also won the 2020 AHR Expo Innovation Award in the heating category. Mathew’s contributions included optimizing combustion, heat exchanger design, and system integration.
‘My commitment to sustainability is demonstrated through my work on ultra-high efficiency furnaces and ultra-low NOx emissions systems,” said Mathew.
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Additionally, Mathew holds nine patents, including those that have significantly improved the efficiency and performance of the company’s furnace platform, qualifying its products for Energy Star certification.
He’s also led initiatives in predictive component optimization within the food/beverage and oil/gas industries. Through the integration of predictive analytics, proactive component replacement, and system performance optimization, he significantly reduced unplanned downtime and boosted throughput. His deployment of oil and vibration analysis tools for Frick compressors, along with customized part life-cycle strategies, resulted in major cost savings and improved equipment reliability.
“I aspire to continue driving advancements that not only meet regulatory requirements but also provide cost-effective, environmentally friendly HVACR solutions for residential, commercial, and industrial applications,” said Mathew.
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