Sun Chemical has announced the appointment of Myron Petruch as its president and chief executive officer, effective January 1, 2019. Sun Chemical, a member of the DIC group, is a leading producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials, headquartered in New Jersey, US.
Petruch assumes leadership of Sun Chemical after serving as president of Sun Chemical performance pigments and general manager of the pigments products division since 2008. He succeeds Rudi Lenz, who will transition to the new role of vice chairman of the Board at Sun Chemical. In this role, Lenz will advise the business on key strategies and issues as they arise, Sun Chemicals said in a media statement.Sun Chemical has announced the appointment of Myron Petruch as its president and chief executive officer, effective January 1, 2019. Sun Chemical, a member of the DIC group, is a leading producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials, headquartered in New Jersey, US.#
The performance pigments division has had eight consecutive years of record sales under Petruch’s leadership. He has additionally secured eight bolt-on global acquisitions which have proven to be solid additions to the division, including the high-purity iron oxides business of Cathay Industries in 2018, Kingfisher Colours in 2015, and Benda-Lutz in 2012.
“Myron’s background and track record of success make him the outstanding individual for this very important position at Sun Chemical. On behalf of DIC and Sun Chemical, we are grateful to Rudi for his accomplishments and fine work as president and CEO and we wish Myron every success in the future leading Sun Chemical,” Masayuki Saito, the chairman of the Board, Sun Chemical said.
Petruch earned a master’s degree of business administration from Seton Hall University and a bachelor’s degree in chemical engineering from the New Jersey Institute of Technology. He started his career at Engelhard in 1986 and held a number of positions including sales manager, product manager, director of sales and marketing, and general manager before he joined Sun Chemical. (GK)
Fibre2Fashion News Desk – India
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