Industry veteran Michael Gilbert has been named president and CEO of plastic sheet leader Plaskolite LLC.
Gilbert took on those roles April 1. In a news release, officials with Plaskolite in Columbus, Ohio, said Gilbert "brings to Plaskolite more than 35 years of experience and a proven track record of success leading growth-oriented companies."
Plaskolite executives John Szlag and Peter Lynch added that Gilbert "is joining our team at an exciting moment. Plaskolite has built a strong foundation, with a growing global footprint and significant value creation opportunities ahead."
"With [Gilbert's] deep plastics industry experience and operational expertise, he is well-equipped to lead our next chapter of growth, innovation and service excellence," they said.
Gilbert most recently served as managing director and head of portfolio operations for private equity firm SK Capital of New York. His previous experience include management positions at Aristech Surfaces, Sabic, LyondellBasell, Ashland and General Electric. Gilbert also has served on the boards of the Plastics Industry Association and the American Chemistry Council's Plastics Division.
"I have spent my career in the plastics industry and understand better than most just how special Plaskolite's brand, culture and products are," Gilbert said. "It is a privilege to lead this company and I'm excited to work with the Plaskolite team as we grow internationally, across industries and into new markets."
Based on sales, Plaskolite is North America's 12th-largest film and sheet maker in Plastics News' ranking. The firm is majority owned by Pritzker Private Capital and has annual estimated sales of more than $850 million.
Plaskolite has made 23 acquisitions in 17 years. Most recently, the firm acquired the Vycom sheet business of Azek Co. Inc. for $140 million.
Gilbert replaces Ryan Schroeder, who left Plaskolite in October after serving as president and CEO for three years.