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NatureWorks names Richard Altice as new president & CEO

26 Apr '18
2 min read
Courtesy: NatureWorks/Richard Altice
Courtesy: NatureWorks/Richard Altice

NatureWorks’ board of directors has named Richard Altice as the company’s new president and chief executive officer. Richard will replace Marc Verbruggen, who served the company from 2008 to 2017. NatureWorks is an advanced materials company offering renewably sourced polymers and chemicals to the packaging, polymers, fibres, and chemicals markets.

Altice comes to NatureWorks from PolyOne Corporation where he was senior vice president and president – designed structures and solutions. At PolyOne, he had global responsibility for the sheet, roll stock, and formed packaging business. Altice holds a Bachelor of Science degree in chemical engineering from Missouri University of Science and Technology.

Peter Hawthorne, chairman of the Board said, “We are pleased to welcome Rich as NatureWorks’ CEO. Rich is an exemplary leader. He brings broad experience and demonstrated success in international business, strategic marketing, and building highly effective teams to serve customers in the polymer and chemical industry. We believe Rich’s leadership will advance market development and the adoption of NatureWorks’ performance materials in new applications.”

Altice said, “Through my prior work experience, I became familiar with NatureWorks and thought very highly of the company and its products. I believe that the NatureWorks culture, the company’s leadership, and the market interest in renewably sourced advanced polymers and chemicals presents an exciting opportunity and time to be a part of the NatureWorks journey. I feel fortunate to have been selected as the company’s new president and CEO.” (GK)

Fibre2Fashion News Desk – India

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