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Sun Chemical Names Rudi Lenz Chief Executive Officer and President
Parsippany, NJ
- January 02, 2008 -- Sun
Chemical, the world’s leading manufacturer of printing inks and organic
pigments, appointed Rudi Lenz as its Chief Executive Officer and
President, effective January 1, 2008. Dr. Koji Oe, President of
Dainippon Ink and Chemicals of Japan, Sun Chemical’s parent company,
made the announcement on behalf of the Sun Chemical Board of Directors.
Mr. Lenz assumes leadership of Sun
Chemical after serving as Senior Vice President and Chief Financial
Officer and Sun Chemical Board member since 2002. Mr. Lenz succeeds Dr.
David Hill, who announced his retirement in late 2007.
“Mr. Lenz assumes the CEO and President role
at an important time for Sun Chemical, and I have every confidence that
he will lead Sun to even greater success despite very challenging times
in the industry globally,” Dr. Oe said.
“My number one focus will be on ensuring that
Sun Chemical’s global resources are working for our customers,” Lenz
said. “We became the world leader in inks and color pigments by
delivering the highest quality products with consistency and
reliability and by providing innovative solutions to the challenges our
customers face. That same commitment continues today and will drive our
growth in the future.”
Before joining Sun Chemical in 2002, Mr. Lenz
served as President and CEO of Fairchild Aircraft Incorporated, a
division of Fairchild Dornier Corporation of San Antonio, Texas. Under
Mr. Lenz’s leadership, Fairchild Aircraft increased revenues, improved
overall customer satisfaction, and significantly increased income.
Mr. Lenz began his career in accounting and
tax with the German Internal Revenue Service in 1976. In 1980, he
joined Garrett Corporation as an accounting manager in Frankfurt,
Germany. He was promoted to Controller and then promoted through a
series of financial and accounting positions, ultimately leading the
financial and administrative functions as CFO of Garrett GmbH.
Following the acquisitions that formed AlliedSignal Corporation, Mr.
Lenz became the CFO for AlliedSignal Germany’s aerospace, automotive,
specialty chemicals, plastics, and engineered materials businesses. He
then was promoted to the position of Vice President, Finance –
Aerospace Services, AlliedSignal, in Phoenix, Arizona.
In 1997, Mr. Lenz joined Fairchild Dornier
Corporation as Executive Vice President and CFO. There he improved the
company’s financial management capabilities and was instrumental in the
integration of Fairchild and Dornier. He was promoted to President and
CEO of Fairchild Aircraft in January 2001 and resigned in February 2002
to join Sun Chemical.
A native of Germany, Mr. Lenz earned a
Bachelor of Science degree in Finance & Taxes from the University
of Edenkoben. He earned a master’s degree in business &
administration from the University of Wiesbaden.
About Sun Chemical
Sun Chemical, the world's largest
producer of printing inks and pigments, is a leading provider of
materials to packaging, publication, coatings, plastics, cosmetics, and
other industrial markets. With annual sales of $4 billion, Sun Chemical
has over 11,000 employees supporting customers around the world. The
Sun Chemical Group of companies includes such established names as
Coates, Hartmann, Kohl & Madden, and US Ink.
Sun Chemical
Corporation in the U.S. and Sun Chemical Limited in England are
subsidiaries of Sun Chemical Group B.V., the Netherlands. Sun Chemical
has headquarters in Parsippany, New Jersey, U.S.A.; Slough, England;
and Weesp, the Netherlands. For more information, please visit our Web
site at www.sunchemical.com. |