Techmer PM Appoints Industry Veteran Craig Foster as New CEO
Techmer PM has announced a significant leadership change by appointing Craig J. Foster as their new Chief Executive Officer, effective immediately. This decision follows the interim role held by Craig Nikrant, who has positively influenced the company's momentum during his tenure. Nikrant reflects on his time in the CEO position, asserting that Techmer PM is not only a leader in the plastics industry but is also well-equipped to navigate future challenges.
"The past six months have only solidified my belief in the potential of Techmer PM. Craig Foster is set to further elevate our strategy and enhance our market presence," Nikrant commented. Foster, whose prior experience includes notable roles in various positions within the plastics and specialty chemicals sectors, is expected to bring a wealth of knowledge and expertise to Techmer PM.
With an impressive 30 years of experience, Craig Foster has a well-documented history of driving growth and innovation in the industry. Before taking the helm at Techmer, he served as CEO at SWEPCO, where he notably achieved double-digit revenue growth. His previous accomplishments also include leadership positions at Circulus Holdings and CSW Industrials. In addition to his corporate endeavors, Foster has served as a Chief Petty Officer in the United States Navy, showcasing his diverse skill set.
Leigh Abramson, Co-CIO and Co-Head of Gryphon Investors, the private equity firm supporting Techmer PM, expressed great enthusiasm for Foster’s leadership. “We are thrilled to have Craig Foster on board. His proven track record and expertise make him an ideal fit for guiding Techmer through its next phase of innovation and growth,” she stated. Abramson acknowledges the solid groundwork laid by Nikrant, emphasizing that it has paved the way for a smooth transition in leadership.
Foster's vision for Techmer involves strengthening the company's commitment to delivering customized solutions tailored to the specific needs of diverse clients. He stated, "I am eager to collaborate with the talented teams at both Techmer PM and Gryphon Investors as we embark on this exciting chapter of growth. We have numerous key initiatives already in motion, and I am confident in our ability to build upon Techmer's legacy of excellence."
Founded in 1981, Techmer PM has established itself as a leader in engineered materials and polymer solutions, specializing in color and additive masterbatches. The company partners with a wide range of stakeholders in the plastics chain, from processors to designers, ensuring that products not only meet functional requirements but also appeal at a visual level. With operations extending across North America, Techmer is well-versed in various processing technologies, including injection molding and additive manufacturing.
As the company looks to the future, Foster's role will be pivotal in ensuring that Techmer PM maintains its competitive edge in an evolving market landscape. His leadership is expected to enhance the company's focus on innovation and further development of its extensive product portfolio, cementing Techmer's status as a top-tier player in the industry. With strong backing from Gryphon Investors, Techmer PM is poised for continued success under Foster's guidance, as he seeks to elevate the company's capabilities and achievements in polymer solutions.
"The past six months have only solidified my belief in the potential of Techmer PM. Craig Foster is set to further elevate our strategy and enhance our market presence," Nikrant commented. Foster, whose prior experience includes notable roles in various positions within the plastics and specialty chemicals sectors, is expected to bring a wealth of knowledge and expertise to Techmer PM.
With an impressive 30 years of experience, Craig Foster has a well-documented history of driving growth and innovation in the industry. Before taking the helm at Techmer, he served as CEO at SWEPCO, where he notably achieved double-digit revenue growth. His previous accomplishments also include leadership positions at Circulus Holdings and CSW Industrials. In addition to his corporate endeavors, Foster has served as a Chief Petty Officer in the United States Navy, showcasing his diverse skill set.
Leigh Abramson, Co-CIO and Co-Head of Gryphon Investors, the private equity firm supporting Techmer PM, expressed great enthusiasm for Foster’s leadership. “We are thrilled to have Craig Foster on board. His proven track record and expertise make him an ideal fit for guiding Techmer through its next phase of innovation and growth,” she stated. Abramson acknowledges the solid groundwork laid by Nikrant, emphasizing that it has paved the way for a smooth transition in leadership.
Foster's vision for Techmer involves strengthening the company's commitment to delivering customized solutions tailored to the specific needs of diverse clients. He stated, "I am eager to collaborate with the talented teams at both Techmer PM and Gryphon Investors as we embark on this exciting chapter of growth. We have numerous key initiatives already in motion, and I am confident in our ability to build upon Techmer's legacy of excellence."
Founded in 1981, Techmer PM has established itself as a leader in engineered materials and polymer solutions, specializing in color and additive masterbatches. The company partners with a wide range of stakeholders in the plastics chain, from processors to designers, ensuring that products not only meet functional requirements but also appeal at a visual level. With operations extending across North America, Techmer is well-versed in various processing technologies, including injection molding and additive manufacturing.
As the company looks to the future, Foster's role will be pivotal in ensuring that Techmer PM maintains its competitive edge in an evolving market landscape. His leadership is expected to enhance the company's focus on innovation and further development of its extensive product portfolio, cementing Techmer's status as a top-tier player in the industry. With strong backing from Gryphon Investors, Techmer PM is poised for continued success under Foster's guidance, as he seeks to elevate the company's capabilities and achievements in polymer solutions.
Topics General Business）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.