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Teknor Apex announced that the new CEO of the company is Donald Wiseman, who has a robust history within the plastics industry and a deep expertise in masterbatches and compounding. He most recently was CEO at Star Plastics, and prior to that he was president for Performance Products and Solutions at PolyOne, managing director and general manager in Taiwan for Cabot Microelectronics and a holder of various leadership roles at Americhem. He holds an ME degree in chemical engineering from the University of South Carolina and an MBA from the Fuqua School of Business at Duke University. He replaces Jonathan Fain, who for the past 51 years has led the organization. During his tenure, company revenue grew by more than 650%, and it expanded beyond North America to a global footprint, completing 11 acquisitions and having 13 manufacturing locations. He decided to step down as CEO and will remain a major stakeholder and continue serving as Chairman of the Board, a position he assumed from his father. Based in Pawtucket, Rhode Island, Teknor Apex is a private family-owned company that was founded by Jonathan’s grandfather, Alfred A. Fain, in 1924 as Apex Tire and Rubber Company. The company provides a range of compounds for multiple sectors, including wire and cable.

 Radix Wire & Cable has promoted Jeremy Tuttle to CEO. He joined the company as vice president of sales and marketing three years ago, and was instrumental in growing the product line as well as increasing revenue. Prior to Radix, he spent 14 years with ITW Powertrain Fastening, where he last served as the director of global sales and engineering, leading sales and engineering teams in the U.S., Europe and China. He holds a B.S. degree in Materials Science & Engineering and an MBA from the University of Michigan. He replaces retiring CEO Jeff Leone, who joined the company three years ago after the business was sold by High Road Capital Partners to Windjammer Capital. He will continue to serve on the company’s Board of Directors and provide guidance during the transition. Based in Cleveland, Ohio, Radix is a leading manufacturer of high-performance electrical and communications wire and cable for extreme temperature, fire resistance and other harsh environment applications.

 Anjel Otto has joined Sequel Wire & Cable as director of sales and marketing. She has more than 30 years of experience in sales and new business development roles, working with global customers at all levels of the supply chain including direct to Tier 1, 2, and 3-level accounts as well as supporting distribution partners across the globe. She most recently served as the North American Sales Manager at the Prysmian Group, and prior to that she worked for more than 12 years for Leoni. Based in Argos, Indiana, Sequel Wire & Cable manufactures a range of electrical wire products.

 Friedrich Roithner has been named CFO of Leoni AG. He has served in management at the Austrian Pierer Group for more than 15 years. He has a degree in business administration, and broad expertise in the field of financial management in an industrial environment, especially in times of transformation. He succeeds Dr. Ulla Reisch, who is leaving the board. Roithner will be on the company’s Supervisory Board, joined by Josef Blazicek, Michaela Friepeß, Wolfgang Plasser and Rudolf Wiesbeck as well as Günther Apfalter and all six previous employee representatives. Based in Germany, the Leoni Group produces wire and cable, primarily for the automotive industry.

Read 983 times Last modified on October 4, 2023

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