English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 18 June 2024, 00:37 HKT/SGT

Source: Nexeo Plastics
GPD Companies, Inc. Names Kurt Schuering as President and Chief Executive Officer
Paul Tayler to Retire and Remain on Board of Directors

THE WOODLANDS, TX, June 18, 2024 - (ACN Newswire) - GPD Companies, Inc. ("GPD"), an affiliate of One Rock Capital Partners, LLC ("One Rock"), today announced the appointment of Kurt Schuering as President and CEO, effective June 24, 2024. Paul Tayler will retire from his role as President and CEO and remain on GPD's Board of Directors.

Schuering brings nearly 30 years of experience in the plastics industry and a proven track record of success, making him the ideal candidate to lead GPD into its next phase of growth and innovation. Schuering has served in several key leadership roles, including: President of PolyOne Distribution (now named Formerra), Vice President of Commercial Excellence at PolyOne, General Manager - Automotive at SABIC/GE Plastics, and most recently Vice President of Shaw Development, LLC.

Commenting on his appointment, Schuering said, "I am excited to lead GPD and build upon the strong foundation established by Paul and the team. I look forward to working closely with our employees, suppliers, and customers to drive sustainable value and deliver exceptional results."

Reflecting on his retirement, Tayler remarked, "It has been an incredible journey leading GPD, and I am immensely proud of what we have achieved together. I am confident the organization is well positioned for continued success under Kurt's leadership."

"We thank Paul for his dedication to GPD and look forward to his continued contributions as a director. We are also thrilled to welcome Kurt as GPD's new President and CEO and are confident that his deep industry expertise in plastics distribution and his strategic vision will enable GPD to thrive in the years ahead," said Tony Lee, Managing Partner of One Rock.

About GPD Companies, Inc.

GPD Companies, Inc. is a leading group of global value-added distributors formed by One Rock. Its operational entities currently include Nexeo Plastics and Distrupol. For more information, visit www.gpdcompanies.com.

About Nexeo Plastics

Nexeo Plastics is a leading global thermoplastics resin distributor for over 50 years, representing quality products from world-class suppliers and serving a diverse customer base across North America, Latin America, Europe, Middle East, Africa and Asia. From material selection assistance to identifying supply chain and inventory solutions, we go beyond traditional logistics to provide value-added services across many industries, including automotive, healthcare, packaging, wire and cable, and more. For more information, visit: www.nexeoplastics.com.

About Distrupol

Headquartered in Surrey, England, with broad geographic reach across Europe, Distrupol has provided value-added sales and application development of thermoplastic resins for over 60 years. Through its decades-long relationships with world-class supply partners, the company offers a robust array of superior performance products and solutions that meet the needs of diverse end users from leading and emerging industries, such as the consumer, medical, automotive, and electrical sectors, among others. Distrupol caters to over 1,300 customers across 17 countries with a portfolio of over 4,000 grades of high-quality polymers, including sustainably derived solutions that reduce environmental impact. For more information, visit www.distrupol.com.

About One Rock

One Rock makes investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced Operating Partners to identify, acquire, and enhance businesses in select industries. The involvement of these Operating Partners is designed to afford One Rock the ability to conduct due diligence and consummate acquisitions and investments in all types of situations, regardless of complexity. One Rock works collaboratively with company management and its Operating Partners to develop a comprehensive business plan focused on growing the enterprise and its profitability to enhance long-term value. For more information, visit www.onerock.com.

Media Contact:
GPD Companies, Inc.
Marianne Gooch
(832) 407-0706

Contact Information
Marianne Gooch
(832) 407-0706

SOURCE: GPD Companies, Inc.

Topic: Press release summary
Source: Nexeo Plastics

Sectors: Chemicals, Spec.Chem
From the Asia Corporate News Network

Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Latest Press Releases
TDC DEADLINE ALERT: Kaplan Fox Reminds Investors of August 13, 2024 Lead Plaintiff Deadline in Securities Fraud Class Action Filed Against Teradata (TDC)  
July 20, 2024 08:00 HKT/SGT
GA-ASI Flies MQ-9B With Pratt & Whitney Canada's PT6 E-Series Engine  
July 19, 2024 23:00 HKT/SGT
Honda to Hold its Official e-Motorsports Event, "Honda Racing eMS 2024"  
Friday, July 19, 2024 7:04:00 PM
MHI America Acquires Three Utility-Scale Solar Power Projects in Pennsylvania, Advancing the Company's Energy Transition Strategy  
Friday, July 19, 2024 6:04:00 PM
Countdown to the first ever Thai innovation and startup network expo 'SITE 2024' at SCI Power For Future Thailand  
July 19, 2024 18:00 HKT/SGT
JCB and Worldline unveil a new whitepaper offering European merchants invaluable insights into facilitating seamless payments for international consumers  
Friday, July 19, 2024 11:00:00 AM
Fujitsu Chosen to Help Solving Social Issues Caused by Fake News  
Friday, July 19, 2024 10:30:00 AM
RD Technologies Joins the HKMA Stablecoin Issuer Sandbox  
July 18, 2024 22:59 HKT/SGT
OWIS Students Win Big at 10th SASMO Competition  
July 18, 2024 21:00 HKT/SGT
Champion REIT holds first 'ESG Week'  
Thursday, July 18, 2024 7:14:00 PM
More Press release >>
More events >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575