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DyStar appoints Mr Mark Allan as President & CEO
30 Jun '08
1 min read
DyStar's owner, Platinum Equity (USA), has appointed J. Mark Allan as DyStar's new President and Chief Executive Officer (CEO). Effective immediately, J. Mark Allan will replace Phil Norment as President & CEO.
Mark was previously serving as the COO and acting CEO. Phil Norment will remain a member of the Board of General Managers and continue to oversee DyStar in his capacity as President of Portfolio Operations for Platinum Equity.
Phil Norment commented, "Mark has had a number of roles in comparable leadership functions in a number of different industries and has managed two Platinum Equity portfolio companies prior to this appointment, where he successfully placed them on a more profitable footing for the future."
Most recently Mark Allan was Senior Vice President for Platinum Equity where he was responsible for the European Portfolio company operations.
Mark was previously serving as the COO and acting CEO. Phil Norment will remain a member of the Board of General Managers and continue to oversee DyStar in his capacity as President of Portfolio Operations for Platinum Equity.
Phil Norment commented, "Mark has had a number of roles in comparable leadership functions in a number of different industries and has managed two Platinum Equity portfolio companies prior to this appointment, where he successfully placed them on a more profitable footing for the future."
Most recently Mark Allan was Senior Vice President for Platinum Equity where he was responsible for the European Portfolio company operations.
DyStar Textilfarben GmbH
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