New CEO for DyStar
25/06/2008
Specialist supplier of colourant products and services to the leather and textile industries DyStar has appointed Mark Allan as its new chief executive and company president.
Mr Allan was, until now, the vice-president with responsibility for the European portfolio of companies of Platinum Equity, the California-based private equity company that owns the DyStar group.
He replaces Phil Norment, who will now become the president of portfolio operations for Platinum. On making the announcement, Mr Norment said: “Mark has had a number of roles in comparable leadership functions in a number of different industries and has managed two Platinum Equity portfolio companies prior to this appointment, where he successfully placed them on a more profitable footing for the future.”
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