Michelman recently announced a transition in its leadership team. Richard (Rick) I. Michelman, Ph.D., will become the organization’s next president and CEO, effective January 1, 2022. At that time, Steven J. Shifman, who has served as president and CEO since 2003, will assume the role of executive chairman. “I am tremendously proud of having led and grown our company globally for nearly 20 years,” Shifman said. “Moreover, I have strived to lead the company so that our ability to grow sustainably for good has been enhanced. Michelman is comprised of hundreds of values-based and purpose-driven associates, and I am appreciative that we continue to leave a positive impact on the communities we serve and the world around us.”

Shifman led Michelman’s global expansion throughout his tenure. The company now maintains production facilities in North America, Europe, and Asia, as well as product development and technical service centers in several major global markets and a worldwide team of over 400 professionals.

“Rick is uniquely qualified to serve as Michelman’s next president,” said Shifman. “His leadership, customer relationships, and proven performance make him the natural choice to succeed me. He has been with the company for more than 25 years, acquiring broad operation and market knowledge by serving in many organizational roles, most recently as Chief Technology Officer & Executive Vice President for Americas and the Printing & Packaging business segment. Furthermore, his background as a chemist gives him a true understanding of the sustainable solutions Michelman continues to innovate globally.”

According to Rick Michelman, “Steve is leaving us in a solid position. We are set up to be more vital and impactful than ever before, and I am ready to lead the business into the future as the coatings, printing & packaging, and fibers & composites markets continue to need our sustainable solutions. Our global associates and deep customer relationships have positioned us for continued growth in these markets that embrace sustainability. It’s an exciting time at Michelman.”

Learn more about Michelman at www.michelman.com.