PrimaLoft, the world leader in high performance insulations and yarns used in leading outdoor and fashion brands, home furnishings, work wear and military applications, recently announced its separation from Albany International Corp., and is now a privately-held business.
Mr. Seaver, a Certified Public Accountant and 21-year veteran of Albany International Corp., returns to 1373 Broadway to serve as Chief Financial Officer of the newly independent PrimaLoft, Inc. In this new role, Mr. Seaver will report directly to Michael Joyce, President and Chief Executive Officer.
“We’re thrilled to welcome Tom to our team,” states Michael Joyce, President and CEO, PrimaLoft, Inc. “Tom and I have worked together for many years, and he is highly respected by our team and the financial community. His strong financial credentials, strategic vision, and solid business acumen will help lead PrimaLoft to success as we continue to grow.”
“I look forward to working with Michael Joyce and the entire PrimaLoft team on this exciting new venture,” said Tom Seaver, who will become Chief Financial Officer, PrimaLoft, Inc. “I’m very familiar with the PrimaLoft business, and I am eager to be part of the team charged with taking the brand to the next level of success.”
Most recently, Mr. Seaver served as Chief Financial Officer at Trans World Entertainment, a leading specialty retailer of entertainment products, including music, video and electronics. As CFO, Mr. Seaver was responsible for overseeing financial planning and financial reporting divisions of the company.
Prior to his position at Trans World Entertainment, Mr. Seaver held a long and distinguished career with Albany International Corp., serving in key financial and leadership roles including Vice President, Controller and Accounting Manager of various global divisions.
PrimaLoft insulation was originally developed for the US Army as a water-resistant synthetic alternative to down. Today, PrimaLoft is the research and development leader in high performance insulations and yarns, which provide warmth and comfort from head to toe.
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