New CEO for Klöckner Pentaplast
By Canadian Packaging staff
General Flexibles Klockner Pentaplast rigid plastic film SVP Global Wayne M. HewettWayne Hewett appointed chief executive office for leading rigid plastic film and packaging solutions provider Klöckner Pentaplast as it celebrates its 50th year in business.
MONTABAUR, GERMANY—Klöckner Pentaplast, a global leader in rigid plastic film and packaging solutions, has announced that Wayne M. Hewett has been appointed chief executive officer of the company, effective immediately.
Prior to joining Klöckner Pentaplast, Hewett was president and chief executive officer of Arysta LifeScience, a US$1.6 billion global business owned by Permira that was sold in 2015 to Platform Specialty Products.
Prior to Arysta, Hewett held various executive positions both in the U.S. and internationally at General Electric (GE), including vice-president of GE Supply Chain and Operations, and president and chief executive officer of GE Advanced Materials. He was also a member of GE’s Corporate Executive Council.
Klöckner Pentaplast Advisory Board chairman Bruno Deschamps states: “We are thrilled that Wayne has decided to join kp. Wayne has driven a customer-centric focus in all the businesses he led and fostered an innovation culture to deliver strong performance. Klöckner Pentaplast’s strategy precisely pursues these objectives. I am very confident that he will be an outstanding leader in driving future performance.”
Commenting on his appointment, Hewett says: “I am delighted to join this fantastic company. Klöckner Pentaplast has made tremendous progress in delivering against its strategy, significantly improving its operating performance and balance sheet. I will leverage my experience to take kp`s success story to the next level.”
Hewett also serves on the Board of Directors of The Home Depot, a company that generates annual revenues of US$83 billion.
Hewett holds a Bachelor (BA) and Master Degrees (MA) in Industrial Engineering from Stanford University and is married with three children.
About the Klöckner Pentaplast Group
The Klöckner Pentaplast Group is a global leader in providing packaging, printing, and specialty solutions serving the pharmaceutical, medical device, food, beverage, and card markets among others. With a broad portfolio of rigid plastic films and services powered by innovation, Klöckner Pentaplast plays an integral role in the customer value chain by marketing and protecting product integrity, safety, consumer health, and, ultimately, brand reputation.
Founded in 1965 the company is celebrating its 50th anniversary. Klöckner Pentaplast has grown from its initial facility in Montabaur, Germany, to effective operations in 12 countries with 18 production sites. Within the last financial year, the company had sales of over €1.194 billion (US$1.3 billion), and currently employs over 3,000 people committed to serving customers worldwide. The Klöckner Pentaplast Group is wholly-owned by an investor group led by SVP Global.
For more information, visit www.kpfilms.com.
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