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Richard Brown has been named chief executive officer of Performance Fibers, a supplier of fibers, fabrics and advanced materials and an affiliated portfolio company of Sun Capital Partners, Inc. Mr. Brown, who is a 23-year veteran of the chemicals and materials sectors, joins Performance Fibers from senior executive positions with W.R. Grace & Co. and General Electric Company.
"Rick Brown brings considerable experience running global businesses with a deep understanding of the performance chemicals and advanced materials industries that will be an asset to Performance Fibers as we continue to aggressively build the business by leveraging our global footprint and world-class operations," said David Mezzanotte, Jr., managing director of Sun Capital Partners.
Most recently, Mr. Brown was vice president of W.R. Grace and president of Grace Performance Chemicals, a $1.4 billion global business with five operating units, where he developed a business strategy focused on optimizing the core business, expanding in global growth markets and focusing on innovation.
"Rick Brown brings considerable experience running global businesses with a deep understanding of the performance chemicals and advanced materials industries that will be an asset to Performance Fibers as we continue to aggressively build the business by leveraging our global footprint and world-class operations," said David Mezzanotte, Jr., managing director of Sun Capital Partners.
Most recently, Mr. Brown was vice president of W.R. Grace and president of Grace Performance Chemicals, a $1.4 billion global business with five operating units, where he developed a business strategy focused on optimizing the core business, expanding in global growth markets and focusing on innovation.