US' Standard Fiber appoints Chad Altbaier & David Wang as co-CEOs

Altbaier, previously Standard Fiber CCO, will direct sales, merchandising, product development/innovation, human resources, IT, and strategic business expansion. Wang, previously Standard Fiber president and COO, will focus on directing global supply chain, manufacturing, and operations.

“Altbaier and Wang bring a record of excellence, trust, vision, and accomplishment to our community,” said Glenn Boschetto, Standard Fiber chairman. “With 25 years of proven performance from an elite team of experts, coupled with its debt-free financial structure, Standard Fiber is well positioned for enviable growth under their leadership.”

“We’re thrilled and humbled to have this opportunity to design and execute an aggressive path for Standard Fiber’s future,” stated Altbaier and Wang. “Our plans include implementing an assertive strategy that includes expanded nearshore manufacturing capabilities, broadened global supply chain partnerships, strategic product and distribution expansion, dedicated R&D to pioneering textile technologies, all while maintaining a firm commitment to investing in a best-in-class team across our worldwide operations.”

Fibre2Fashion News Desk (RR)