Univar Solutions Inc. today announced the appointment of Nicholas W. Alexos as executive vice president and chief financial officer, effective January 6, 2020. Nick will succeed Carl J. Lukach who will transition into the role of executive vice president of corporate development.
“Nick is a seasoned financial executive with extensive and relevant experience from his prior roles at Dentsply Sirona and VWR International,” said David Jukes, president and chief executive officer. “Given his in-depth knowledge and expertise around market and margin expansion in the general industrial and consumer sectors, Nick will be a perfect addition to the Company as we continue to drive profitable growth and shareholder value over the long term.”
Nick joins Univar Solutions after serving as executive vice president, chief financial officer and chief administrative officer at Dentsply Sirona, Inc. where he led key growth strategies and successfully executed portfolio shaping initiatives. Previously he served as a managing director of Madison Dearborn Partners, LLC, where he helped a wide array of portfolio companies achieve growth and margin expansion.
Carl will transition duties to Nick as he begins his new role, while assuming the role of executive vice president of corporate development. In this role, Carl is expected to oversee the Company’s portfolio management activities, as well as generate new growth opportunities. He will also help support various efficiency initiatives related to the Nexeo integration and will continue to report to David Jukes.
“I want to thank Carl for his many contributions as CFO and I look forward to working with he and Nick in their new roles,” said Jukes. “Univar Solutions is well-positioned to take advantage of market opportunities as we continue to streamline, innovate and grow the Company to redefine distribution and be the most valued chemical and ingredient distributor on the planet.”
Source: StreetInsider
After a six-year break, Interpack – Europe’s largest packaging trade fair – made a highly anticipated return in 2023, providing attendees with a comprehensive overview of the latest packaging trends and advancements. This year’s event took place in Düsseldorf, Germany, from 4 to 10 May.
Processing equipment and solution provider Hillenbrand has announced plans to acquire Schenck Process Food and Performance Materials (FPM) for around $730 million. FPM, a portfolio company of private investment firm Blackstone, develops, manufactures, markets and sells a full range of solutions, products and systems for the food, chemicals and performance industries.
Asian dairy company Yili Group is strengthening its partnership with Sidel by installing the equipment provider’s Aseptic Lab filler to research and test product designs. Sidel’s Aseptic Lab filler is said to be compact and customized to meet Yili’s R&D needs for test runs consisting of a small number of bottles with different shapes and sizes.
