Huntsman with new corporate Executive Vice Presidents
Huntsman Corporation announced on November 11, 2016, the appointment of J. Kimo Esplin as Executive Vice President, Strategy and Investment, and the promotion of Sean Douglas to Executive Vice President and Chief Financial Officer, with both appointments effective January 1, 2017.
In his new capacity, Esplin will report directly to Peter R. Huntsman, President and Chief Executive Officer, and focus his full time efforts on executing the planned spinoff of the Pigments & Additives and Textile Effects divisions, working with strategic opportunities for the Company and its other operating divisions, and representing the Company with shareholders and global partners. Mr. Esplin served as the Company’s CFO for 17 years.
In Douglas’s new role as Executive Vice President and Chief Financial Officer, he will also report directly to Mr. Huntsman and be responsible for Finance, Treasury, Accounting, Tax, Investor Relations, Corporate Development and Information Technology. Mr. Douglas joined the Company in 1990 and has held several positions, most recently Vice President, Corporate Development and Treasurer.
Peter R. Huntsman, our President and CEO, commented: “Kimo’s leadership as Chief Financial Officer has been invaluable to the Company. His new role will allow him to focus on global strategic opportunities that will further create shareholder value. Sean too has proven himself to be an exceptional leader. I am pleased with his promotion and I look forward to his continued contribution to this Company.
“As a Company, we are intensely focused on improving our free cash flow generation, growing our downstream differentiated businesses, and separating our Pigments and Additives and Textile Effects businesses. Having Kimo and Sean assume their new roles at the beginning of the year will ensure our ability to successfully deliver these objectives.”
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2015 revenues of more than SUD 10 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 100 manufacturing and R&D facilities in approximately 30 countries and employ approximately 15000 associates within five distinct business divisions.
Industry veteran comes from Salesforce to lead Stitch Fix engineering team
Stitch Fix, the leading online personal styling service, announced that Cathy Polinsky has joined as the company’s Chief Technology Officer. She now leads the engineering team at Stitch Fix and will help the company scale its systems and deliver services that delight clients and expand the business
An industry veteran with almost two decades of experience, Cathy was most recently an SVP of Engineering at Salesforce, overseeing the company’s search initiatives. In addition to her seven years in senior engineering leadership at Salesforce, Cathy has built robust, large-scale systems and led engineering teams at industry powerhouses like Oracle, Yahoo! and Amazon. In 2015, Cathy was named to Business Insider’s 2015 list of the most powerful women engineers in the world.
“We’re thrilled to welcome Cathy to the team,” said Stitch Fix Founder and CEO, Katrina Lake. “Stitch Fix is a new approach to commerce and as a result, we have had to build our own tools and apps to support everything we do, from building a stylist platform and customer interface, to creating unique warehouse capabilities and inventory planning tools. The strength of our engineering team has been a critical part of our rapid growth and we are excited for Cathy to take us to the next level.”
“Stitch Fix’s engineering team has built technology to solve a wide range of challenges across the company, from delivering an amazing client experience to supporting the styling, merchandising and operations teams,” said Polinsky. “The company has brought true innovation to the retail industry and seen tremendous growth in a few short years. I’m honoured to lead such a talented engineering team as Stitch Fix continues to expand and evolve.”
“We’re proud to have women well-represented throughout our leadership team, board of directors and employee population,” added Lake. “Cathy’s addition as CTO reflects our commitment to developing women in technical fields including engineering and data science and maintaining diversity at Stitch Fix.”
Stitch Fix is the personal styling service tailored to your taste, budget and lifestyle that helps both men and women discover the apparel and accessories that they love. Clients simply fill out an online style profile and Stitch Fix personal stylists handpick a selection of five clothing items and accessories that best fit each client’s taste, budget and lifestyle. Clients keep what they love and easily return the rest. Founded in 2011 by CEO Katrina Lake, Stitch Fix is headquartered in San Francisco, California and employs over 5000 people across the country, including 3000 stylists who are employees of Stitch Fix as well as 75 data scientists.
2017-2018 AATCC Association Leadership announced
AATCC held its Annual Meeting on November 2, 2016 at the Sheraton Imperial Hotel, Research Triangle Park, NC, USA. The results of the ballot for AATCC elective offices for 2017-2018 were announced by Executive Vice President John Y. Daniels.
Kerry M. King from Spoonflower was elected President-Elect. The following were elected to a two-year term as regional board members: Debra F. Chronicle, SGS, New England Region; Martha Carper, University of Delaware, Central Atlantic Region; John Crocker, SDL Atlas, Midsouth Region; Harrie Schoots, Ascend Performance Materials, Southern Region; Ken A. Kaiser, Standard Textile Co., Western Region; and A.N. Desai, Southeast Asia Region.
President Johnson then presented the AATCC President’s Pin to Rembert (Bert) J. Truesdale, III, current President-Elect, who will transition to President beginning January 1, 2017, for a two-year term.
Other members of the Board of Directors beginning in 2017 are:
Sandra L. Johnson, Immediate Past President; Warren S. Perkins, Treasurer; Angela Massengill, Chair, Executive Committee on Research; Jiping Wang, Chair, Publications Committee; Carol Revels, Chair, Education Advisory Board; Louann Spirito, Chair, C2C Interest Group; John Darsey, C2C At-Large Member; R. Michael Tyndall, Chair, Chemical Applications Interest Group; William (Buddy) Garrett, Chemical Applications At-Large Member; Robina Hogan, Chair, Materials Interest Group; Fred L. Cook, Materials At-Large Member; and John Y. Daniels, Executive Vice President.
AATCC, the Association of Textile, Apparel & Materials Professionals, is the world’s leading not-for-profit association serving textile professionals since 1921. AATCC, headquartered in Research Triangle Park, NC, USA, provides test method development, quality control materials, and professional networking for members in about 50 countries throughout the world.
Kimberly-Clark Appoints Michael Hsu President and Chief Operating Officer and adds International Leaders to Senior Executive Team
Kimberly-Clark Corporation today announced that Michael D. Hsu, currently group president North American Consumer Products, has been named to the role of president and COO Chief Operating Officer and will join K-C’s board of directors, effective January 1, 2017.
The appointment of Hsu as president and COO is part of a long-term executive leadership development and succession planning process to ensure Kimberly-Clark’s continued success. Thomas J. Falk will remain chief executive officer and chairman of the board and continue to lead and manage K-C at the enterprise level.
Hsu will be accountable for the day-to-day operations of K-C’s business units, along with the company’s global innovation, marketing and supply chain functions. Hsu and the company’s finance, legal and human resources functions will report to Falk.
“Mike is an outstanding leader with a passion for our business. He has a long track record of building great teams and delivering strong results at K-C and elsewhere in the consumer packaged goods industry,” said Falk. “I’m excited to work closely with Mike in his new role as we continue to execute our long-range Global Business Plan.”
K-C is also evolving its organization structure to recognize the scale and importance of its international businesses. Accordingly, K-C’s three regional businesses in Asia-Pacific, Latin America, and Europe, the Middle East and Africa, as well as K-C North America and K-C Professional, will report directly to Hsu. Elane Stock, group president of K-C International, has announced her intention to pursue opportunities outside of K-C, and the company wishes her continued success. The company expects to name a new group president of North American Consumer Products in the near future.
“I’m excited to continue to work with Tom, the senior executive team and employees throughout Kimberly-Clark to deliver long-term shareholder value as we lead the world in providing essentials for a better life,” said Hsu.
Hsu joined Kimberly-Clark in November 2012 and currently oversees the company’s nearly $8 billion North American Personal Care and Consumer Tissue businesses. Since joining K-C, he has reinvigorated the North American business, delivering excellent financial performance, improved market shares and strong innovation, marketing and sales execution.
Prior to joining K-C, Hsu was executive vice president and chief commercial officer at Kraft Foods. Before Kraft, he spent six years at H.J. Heinz, holding the positions of vice president, marketing for Ore-Ida and Frozen Meals, and later as president for Foodservice. He launched his career in the consumer products industry as a consultant with Booz Allen & Hamilton, where he rose to partner in the firm’s consumer practice.
He holds a bachelor’s degree from Carnegie-Mellon University and an MBA from the University of Chicago. He and his wife will relocate to Dallas.
Kimberly-Clark, 140 years old company and its well-known global brands are an indispensable part of life for people in more than 175 countries. Every day, nearly a quarter of the world’s population trust K-C’s brands and the solutions they provide to enhance their health, hygiene and well-being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend, Kimberly-Clark holds No. 1 or No. 2 share positions in 80 countries.
New ITMF President and Board members elected
The newly elected ITMF International Textile Manufacturers President is Jaswinder BEDI Chairman, ACTIF (African Cotton & Textile Industry Federation) & Managing Director, Bedi Investments, Kenya
On November 18, 2016 during the Annual Conference 2016 of the International Textile Manufacturers Federation (ITMF) in Jaipur/India, the Committee of Management of the Federation elected Mr. Jaswinder BEDI (Kenya) unanimously as the new President of the Federation for the next two years.
Furthermore, the Committee of Management elected Mr. Kihak SUNG (Korea Rep.) and Mr. Ruizhe SUN (China P.R.) as Vice Presidents and reconfirmed Mr. Peter GNÄGI (Switzerland) as ITMF Treasurer.
The Committee of Management elected as Non-Executive Board Members Messrs. Raffael CERVONE (Brazil), John CHEH (Hong Kong, China), Muharrem KAYHAN (Turkey), Andrew MACDONALD (Brazil), Heinz MICHEL (Switzerland), B.K. PATODIA (India), K.V. SRINIVASAN (India), Bassem SULTAN (Egypt) and Loek de VRIES (Netherlands).
Mr. Tiankai WANG (China P.R.) was appointed Honorary Life Member of the Federation in recognition of his outstanding contribution to the Federation during his six years of service as ITMF Vice President (2010-2014) and ITMF President (2014-2016).