9Jun2023

Carhartt Appoints Tara Roemke As VP Of Global Merchandising

DEARBORN, Mich. — June 8, 2023 — Carhartt, America’s family-owned workwear brand since 1889, today announced the appointment of Tara Roemke as vice president of global merchandising. With more than 20 years of product management and merchandising experience at some of the world’s largest apparel brands, Roemke will serve as the general manager of Carhartt’s Men’s and Carhartt Company Gear (uniform B2B & personal protective equipment (PPE)) businesses. She will report to Susan Hennike, Carhartt’s chief brand officer.

In her role, Roemke is responsible for growing and developing the Men’s workwear and PPE product strategies, while identifying marketplace opportunities to meet the current and future needs of Carhartt consumers and hardworking people across the globe. She will lead the Men’s merchandising team, and collaborate cross-functionally with the product, brand and strategy teams, and all business units, to ensure each season’s product assortment and key stories are brought to market.

“Tara has an impressive track record of developing and implementing strategic product plans that authentically reach diverse audiences to drive business,” said Hennike. “We are so pleased that she is bringing her expertise to Carhartt and will grow our Men’s category and our PPE business in new ways while delivering the premium, durable workwear that our consumers depend on each day.”

Roemke joins Carhartt after 13 years at Ariat International where she most recently served as vice president of apparel and denim product management. Before joining Ariat International, Roemke spent four years at Levi Strauss and two years at Gap Inc. She earned her Bachelor of Marketing from Indiana University in Bloomington.

Posted: June 8, 2023

Source Carhartt

7Jun2023

First Citizens Bank Announces Promotions In CIT Commercial Services Top Leadership Roles

NEW YORK, NY — June 7, 2023 — First Citizens Bank today announced that Marc Heller has been promoted to the position of vice chairman of CIT Commercial Services, a subsidiary of First Citizens Bank, and that Michael Hudgens has been promoted to the role of CIT Commercial Services president with full responsibility for the day-to-day operation of the business. The new appointments are effective July 1.

Heller has been a leader in commercial financing for more than half a century. Since joining CIT in 2004, Heller has been an integral part of CIT Commercial Services’ growth and development, first as Northeast regional manager and subsequently as its president since 2016. Under his supervision, CIT Commercial Services emerged as a nationwide leader in factoring, credit protection, accounts receivable management and lending services to consumer product companies, manufacturers, dealers, importers and resellers.

In his new role as vice chairman, Heller will continue to actively support the business, maintaining and expanding client relations while ensuring a smooth transition of management responsibilities. Heller will also continue to provide strategic advice and guidance on business activities and new initiatives.

Since March 2022, Hudgens has served as managing director for all of CIT Commercial Services, supervising regional managers in the Northeast, Southeast and West. As president, his role will expand to include oversight of all CIT Commercial Services leaders and executives with primary responsibility for business growth. Hudgens has deep experience in factoring and other financial services. He is a veteran of 35 years with CIT Commercial Services, including more than a decade as Southeast regional manager.

“I want to congratulate Marc Heller and Mike Hudgens on their new roles, as we look to accelerate growth in CIT Commercial Services and continue positioning the business for long-term success,” said Peter Bristow, president of First Citizens Bank. “We are extremely fortunate to have two extraordinary individuals with unparalleled expertise in this field leading our business and supporting our clients.”

“CIT Commercial Services is a unique lender with outstanding experience and expertise,” Heller said. “I am pleased to continue supporting the business and its existing clients while continuing to collaborate with Mike Hudgens to introduce new consumer products companies to the many ways we can help them better finance their operations and growth.”

“I am proud to assume the position of president of CIT Commercial Services, widely known as one of the best and most experienced lenders in the field,” Hudgens said. “After all we’ve accomplished, our business still has tremendous room for growth and I look forward to helping us realize that potential in the months and years ahead.”

These latest announcements come on the heels of other recent changes in CIT Commercial Services as the business continues to align itself for success. Last month, First Citizens announced that Thomas Fingleton had been named chief strategy officer for CIT Commercial Services, with Amna Mahmood being promoted to Northeast regional manager and Daniel Goll being named national underwriting manager.

Posted: June 7, 2023

Source: First Citizens Bank / CIT Commercial Services

7Jun2023

Rieter: Changes In The Group Executive Committee

WINTERTHUR, Switzerland — June 7, 2023 — Kurt Ledermann, CFO at the Rieter Group since 2019, is to leave the Group Executive Committee in August 2023 for personal reasons to pursue a career opportunity outside the Rieter Group. The Board of Directors wishes to express its gratitude to Kurt Ledermann in advance for his valuable service and his contribution to the further development of Rieter. Details about succession arrangements shall be provided in due course.

Posted: June 7, 2023

Source: Rieter Holding Ltd.

6Jun2023

Chad Altbaier And David Wang Appointed Standard Fiber Co Chief Executive Officers

FOSTER CITY, CA — June 6, 2023 — Standard Fiber, one of the world’s largest innovators and suppliers to the home textiles market, has promoted Chad Altbaier and David Wang as co-CEOs charged with leading the company in a bold new direction of advanced textile innovation, consumer-responsive product design, and unparalleled global production capabilities.

Altbaier, previously Standard Fiber CCO, will direct sales, merchandising, product development/innovation, human resources, IT, and strategic business expansion. Wang, previously Standard Fiber President and COO, will focus on directing global supply chain, manufacturing, and operations.

“Chad and David bring a record of excellence, trust, vision, and accomplishment to our community,” said Glenn Boschetto, Standard Fiber Chairman. “With 25 years of proven performance from an elite team of experts, coupled with its debt-free financial structure, Standard Fiber is well positioned for enviable growth under their leadership.”

“We’re thrilled and humbled to have this opportunity to design and execute an aggressive path for Standard Fiber’s future”, stated Altbaier and Wang. “Our plans include implementing an assertive strategy that includes expanded nearshore manufacturing capabilities, broadened global supply chain partnerships, strategic product and distribution expansion, dedicated R&D to pioneering textile technologies, all while maintaining a firm commitment to investing in a best-in-class team across our worldwide operations.”

Posted: June 6, 2023

Source Standard Fiber

6Jun2023

ColorJet Onboards Michele Riva As Sales Director For EMEA, LAM & NAM Markets

NOIDA, UTTAR PRADESH, India— June 6, 2023 — ColorJet Group, a digital textile printer manufacturer, welcomes Michele Riva who is appointed as Sales Director, tasked with expanding operations in the EMEA, LAM & NAM Markets. With over 25 years of experience in leading industrial international businesses, Michele will spearhead the development and implementation of ColorJet’s sales strategy, collaborating closely with the Sales Channel teams to create innovative solutions that cater to the evolving needs of the market. He shall be reporting to Mr Arun Varshney, Vice President & Global Business Head.

Michele brings extensive experience in textile printing processes, including digital printing and expertise in different types of fabrics and textile machines, makes him a valuable asset in the industry. Prior to joining ColorJet, Michele served as the Global Sales Director at BOBST, EFI, and Reggiani, leading sales team and provided tailored solutions to customers. Michele has also held sales roles at various other companies in the textile industries.

On Michele appointment, Mr. Arun Varshney, Vice President and Global Business Head, ColorJet Group expressed great pleasure in welcoming Michele to its leadership team and said: We are looking forward to leveraging his expertise and experience to drive growth and success in the global market. With its strategic vision and leadership, ColorJet Textile aims to continue and position itself as a key player in the textile industry on a global scale.

Expressing his enthusiasm for the appointment, Michele stated, “I am thrilled to join ColorJet Group during this significant moment. With their unwavering commitment to customer service and cutting-edge products, ColorJet is poised for growth in the textile industry. I eagerly look forward to working with the team and expanding our presence across the globe.”

Posted: June 6, 2023

Source ColorJet India Ltd.

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