Schweitzer-Mauduit International (SWM), a leading global provider of highly engineered solutions and advanced materials, appointed Jeffrey Kramer, PhD as a new Chief Executive Officer, effective, April 21, 2017. Mr. Kramer succeeds Frédéric Villoutreix, who decided to depart the company, effective May 5, 2017.
According to the announcement, Dr. Kramer, who will also become a member of the Board of Directors, will serve as Co-CEO with Mr. Villoutreix until May 5, 2017. Subsequent to that transition period he will become the sole CEO. Following his departure date, Mr. Villoutreix will provide consulting services to the Board and CEO as requested through February 28, 2018.
Dr. Kramer comes to SWM from Brenntag AG, a German-based company which is one of the world’s largest distributors of chemicals, where he served as Vice President, Lubricants. Prior to that, he was the President and CEO of J.A.M. Distributing which was acquired by Brenntag AG in December 2015. Previously, Dr. Kramer had a career of over 25 years at Air Products and Chemicals, during which time he leveraged his technical and commercial expertise and moved through a succession of technical, corporate development and executive leadership roles both domestically and internationally. Dr. Kramer has a Masters and PhD in Chemical Engineering from Princeton University and an MBA from Lehigh University.
Frédéric Villoutreix, commented:
“I am honored to have led SWM during such an exciting time in the company’s history. We have made tremendous progress in optimizing our global operations and implementing a diversification strategy. It has been a pleasure to work with such a talented and dedicated team, and I thank my colleagues and the Board for their considerable support over the years. We are at a milestone in SWM’s evolution, and I feel the time is right to make a change. I believe the Board has found the right combination of skills and experience in Jeffrey Kramer to lead the company into the future.”
The company also informed that K.C. Caldabaugh, Board director since SWM’s spin-off from Kimberly-Clark in 1995, would be named as Non-Executive Chairman of the Board, effective April 21, 2017.
The company is a leading global provider of highly engineered solutions and advanced materials. It is an expert in developing and manufacturing technical materials from fibers, resins and polymers that are critical components in many instantly recognizable products and industries globally. Historically, the company focused on engineered papers but in recent years has diversified to include a range of films, nets and nonwovens, offered through its Advanced Materials & Structures (AMS) segment.