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Spectrum Plastics Group, contract manufacturer of medical components, announced that John Wolf, President of Spectrum Plastics Films Division, has been appointed interim President and Chief Executive Officer.
Mr. Wolf has served as President of Spectrum’s Plastic Films Division for nearly three years, and brings over 20 years of professional experience across multiple business disciplines.
He succeeds Thomas J. Sullivan, who has stepped down to pursue a new opportunity and remains an investor in the group.
“We are pleased to welcome John as our new President and CEO. John brings a proven track record of delivering sustainable, profitable growth and is a dynamic and adaptable executive. He has already made a significant impact at Spectrum and the Board is highly confident John has the skillset and vision to capture the opportunities ahead as he now leads all of Spectrum into its next phase of growth and success,” said Rahul Goyal, Chairman of Spectrum Plastics Group and a Partner at AEA Investors.
“I am thrilled to expand my role at Spectrum, a company that is uniquely positioned to meet the comprehensive needs for highly-engineered polymer-based solutions that are mission critical to our medical, aerospace & defense and specialty packaging customers,” said Mr. Wolf. “With the investments and acquisitions we have made these past few years, Spectrum offers a range of capabilities to support innovation through scaled manufacturing. I look forward to working with the Board, the world class global management team and my 1,900 Spectrum teammates to continue Spectrum’s success and identify new opportunities to enhance our market leadership and long-term growth prospects.”
Source: Spectrum Plastics Group
