|Richard Shaw, new President & CEO at Freudenberg Politex|
As announced in June, on October 1st the planned succession from Riccardo Sollini to Richard C. Shaw in the position of President and CEO of the Italy-based Freudenberg Politex Group happened with the symbolic handover of the keys.
The experience of Mr. Shaw in the nonwovens business dates back to the eighties, when he joined Freudenberg Texbond, the US subsidiary of Politex, which rapidly became leader in North America for the production of polyester reinforcements for bituminous roofing membranes.
In July Richard moved with his wife and two children to the Como lake, which is near Freudenberg Politex headquarters in Novedrate.
After more than 34 years in the Freudenberg Group, Dr. Sollini will continue the cooperation and maintain his role as Regional Representative Russia to foster the development of the Group in the Region. In Freudenberg Politex he has been appointed as member of the Supervisory Board, keeping also representative roles in some Italian associations.
The management board of Freudenberg Politex is now composed by Mr. Shaw (President & CEO), Dr. Rocco Marsico (CTO) and Dr. Riccardo Forni (CFO).