Cincinnati-based Michelman announces Dr. Richard (Rick) I. Michelman will become the organization’s next President & CEO, effective January 1, 2022. At that time, longtime leader Steven J. Shifman, President & CEO since 2003, will assume the role of Executive Chairman.
Founded in 1949, Michelman has been an industry leader for over seven decades in developing and applying sustainable and water-based surface modification technology. This leadership transition assures that the company will continue to be family-owned and managed for the long term.
Explains Shifman, "I am tremendously proud of having led and grown our company globally for nearly 20 years. Moreover, I have strived to lead the company so that our ability to grow sustainably for good has been enhanced. Michelman is comprised of hundreds of values-based and purpose-driven associates, and I am appreciative that we continue to leave a positive impact on the communities we serve and the world around us."
Shifman led the company’s global expansion throughout his tenure. It now maintains production facilities in North America, Europe, and Asia, product development and technical service centers in several major global markets, and a worldwide team of over 400 highly trained professionals.
The leadership transition will take place over the next six months, being completed by January 1, 2022.