PAMARCO ANNOUNCES NEW CEO
(Posted on 05/09/17)
July 18, 2017- Pamarco, in a strategic maneuver to continue the company's growth, has announced the transition to Allan Li as CEO. The company's current CEO, Terry Ford, publicized his retirement and succession strategy. In this role, Li will assume overall responsibility for Pamarco, including all lines of business and functional groups within the company.
"Pamarco's board of directors is responsible for maintaining the continuity of the company's senior leadership and ensuring that the executive team possesses the experience, skills, and character required to achieve the company's goals. With today's announcement, the company will have a smooth transition to a proven executive in Allan Li. I have the highest degree of confidence that his leadership will further expand Pamarco's impressive record of innovation and continued value of creation and growth," said outgoing CEO, Terry Ford.
Allan is a seasoned executive and has held various positions in private equity, investment banking, and management consulting. Allan comes to Pamarco after successfully running a consumer goods company and has spent much of his career working with companies of all sizes in a variety of business sectors. His work involved the development and implementation of growth strategies, transaction strategies, and process improvement initiatives. Allan received a BS in Finance and Marketing from Indiana University and an MBA from Tulane University. In his spare time, Allan enjoys exercising, sports, and spending time with his wife, their daughter, and the family dog.
About Pamarco: Pamarco is a leading provider of superior and proven technology solutions for the printing, packaging and converting industries worldwide. Through continuous product development and with a clear understanding of the industries we serve, we have participated in the advancement of technology that leads industry change. For seventy years, Pamarco has maintained a leadership position by innovating, adapting to changing market conditions, growth through strategic acquisition, investing in new technologies and will continue to thrive in an ever-changing and challenging market.