NatureWorks’ board of directors elected Richard Altice as the company’s new president and CEO, replacing Marc Verbruggen. Verbruggen led the company from 2008 to his retirement in 2017.
Altice comes to NatureWorks from PolyOne Corp., where he was senior vice president and president, designed structures and solutions. Prior, Altice also served as vice president of Hexion’s global specialty epoxy business focused on coatings and composites.
“We are pleased to welcome Rich as NatureWorks’ CEO,” said Peter Hawthorne, chairman of the board. “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.”
“Through my prior work experience, I became familiar with NatureWorks and thought very highly of the company and its products,” said Altice. “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.”
For more information, visit www.natureworksllc.com.