Atlas Refinery continues family legacy

25/01/2011
Developer of fatliquors and other specialty leather chemicals Atlas Refinery has announced the promotions of Steven B. Schroeder, Junior to the position of president and chief operating officer. The company said that this promotion “ensures the heritage of Schroeder family leadership at Atlas” would continue into the fifth generation.

Mr Schroeder is a graduate of Duke University where he earned a degree in economics and a certificate in marketing and management studies. He began his career in investment banking at J.P. Morgan Securities in New York City and was a top performer within the Equity Capital Markets group.

In February 2005, he joined Atlas Refinery to carry on the family legacy and within two years he was promoted to executive vice-president. In recent years, he has assumed direct management responsibilities of Atlas’ global sales and marketing efforts and has been the driving force behind the company’s restructuring of its worldwide distribution network.

In making the announcement, Atlas said sales in 2010 reached record levels and that the company is well positioned for continued growth in the coming years.

Steven Schroeder Senior, will assume the position of chairman and chief executive officer. He said: “As Chairman and CEO of Atlas, I am extraordinarily proud and honored to promote Steven Jr. to this position as he has consistently demonstrated his knowledge, enthusiasm and dedication since joining Atlas. He has travelled and met with nearly all our extensive global network of agents, dealers and customers throughout the leather industry. I have no doubt that Steven Jr. has earned the respect and admiration of the industry and that he is an excellent choice to lead our family business into the fifth generation and beyond.”

The new management structure will take effect on February 1, 2011.