Loparex Group Announces New Leadership
Veteran Manufacturing Executive Charmaine Riggins Named as CEO
Loparex, the leading global producer of release liners and engineered films, announced today that its owner, Pamplona Capital Management, has appointed Charmaine Riggins as the Loparex Group’s new Chief Executive Officer, effective January 10th, 2022. Riggins previously held the position of Chief Talent and Culture Officer at the company. She succeeds Simon Medley, who has served as CEO since 2017.
“We are excited to have Charmaine in this role,” noted Martin Schwab, Managing Partner at Pamplona Capital Management. “With extensive experience that includes technical, operations, sales and marketing, human resources, and general management, she is uniquely suited to lead the organization as we give focus to safety, operational performance, growth, and culture, to name a few. We are incredibly supportive of the business, proud of what it has achieved under Simon’s tenure, and look forward to supporting Charmaine and the rest of the Loparex management team in moving the company further forward.”
An experienced global executive, Charmaine Riggins joined the Loparex Group in 2021 after 26 years with the LORD Corporation, a leading diversified technology and manufacturing company, and Parker Hannifin Corporation, a global leader in motion and control technologies. LORD Corporation was acquired by Parker Hannifin in 2019. Her previous roles at Parker-LORD involved executive business management, technology, finance, sales, operations, customer engagement, business development, strategy, marketing, human resources, compliance, and integration leadership.
Riggins’ professional accomplishments have been recognized with the STEP Award for Women in Manufacturing in 2013 and the Don M. Altstadt Innovation Award in 2017. She holds a Bachelor of Science in Chemical Engineering from Ohio State University, an MBA from North Carolina State University with a major in Innovation and Supply Chain Management, and an Advanced Management degree from the University of Chicago’s Booth School of Business Executive Education program. Passionate about children, education and addressing the ever-widening opportunity gap, Riggins is an active mentor and a committed volunteer in her community. She holds three non-profit Board positions with Big Brothers Big Sisters of the Triangle, the North Carolina Chamber of Commerce, and the North Carolina Museum of Art.
“I am delighted to continue this journey with Loparex,” Riggins said. “Loparex is a strong organization, and we have an exciting future as we continue to grow profitably and shape a strong and effective culture.”
About Loparex
Loparex is the leading global manufacturer of release liners, serving customers in eight key markets: Graphics, Tapes & Electronics, Building & Construction, Health Care, Hygiene, Labels, Composites, and
Developing Applications. Loparex offers in-depth technical expertise and industry-leading production technology across operations in North America, Europe, and Asia.
About Pamplona Capital Management
Pamplona Capital Management is a specialist investment manager established in 2005 that provides an alternative investment platform across private equity and other diversified strategies. With offices in New York, London, Boston and Madrid, Pamplona manages over $12 billion in assets for a variety of clients including public pension funds, international wealth managers, multinational corporations, family offices, and funds of hedge funds. Pamplona invests long-term capital across the capital structure of its portfolio companies in both public and private market situations.
Learn More: www.loparex.com | AIMCAL SourceBook Listing