Novolex Appoints New Chief Finance Officer

By Laverne J. Tiffany 4 years ago

HARTSVILLE, S.C., Feb. 24, 2021 /PRNewswire/ — Novolex declared nowadays that Dennis Norman has been appointed Chief Money Officer, effective March 1, 2021. In this capability, Norman will guide Novolex’s finance group and will be accountable for finance, accounting, treasury, hazard administration and details technology. He succeeds Paul Palmisano, who has elected to retire following supplying remarkable money advice to Novolex for much more than eight decades.

Dennis Norman has been appointed Chief Financial Officer of Novolex, effective March 1, 2021. Norman will lead the company's finance organization and will be responsible for finance, accounting, treasury, risk management and information technology. He succeeds Paul Palmisano, who has decided to retire after providing exceptional financial guidance to Novolex for more than eight years.
Dennis Norman has been appointed Chief Economical Officer of Novolex, successful March 1, 2021. Norman will guide the company’s finance organization and will be responsible for finance, accounting, treasury, hazard administration and information technological know-how. He succeeds Paul Palmisano, who has resolved to retire after giving outstanding fiscal guidance to Novolex for more than eight years.

“I am happy to welcome Dennis to our leadership workforce,” mentioned Novolex Chairman and CEO Stan Bikulege. “His tested track record of growth via both equally M&A and organic initiatives as well as his in depth expertise in foremost financial functions will make an speedy impression as we continue on to place Novolex for the potential. I am confident Dennis will offer robust management and show an exceptional addition to the Novolex crew.”

Norman joins Novolex from nThrive, Inc., a healthcare IT and expert services company, the place he contributed to considerable transformation at the business including integrating a number of acquisitions. Prior to that, Dennis spent 16 several years as an executive leader in demand of strategic planning, finance and company progress at Polymer Group, Inc./Avintiv, Inc., the final six many years as CFO.   

“I look ahead to joining the Novolex staff and contributing to the organization’s growth and more achievements in the market place,” Norman mentioned. “I am psyched to lead the large-doing finance firm and support the business accomplish its targets, accelerate development and greatly enhance price for all stakeholders.”  

To make certain an orderly changeover, Palmisano will remain on by April 30, 2021.

“Paul has played a pivotal part in just about each and every stage of the Novolex development tale, main us via 10 acquisitions, participating with our traders and making a environment-course finance corporation,” Bikulege mentioned. “We would like him the incredibly ideal in his retirement.”

About Novolex
Novolex develops and manufactures varied packaging and food stuff company items that contact nearly every part of everyday life for multiple industries ranging from grocery, foodstuff packaging, cafe and retail to medical apps and developing supplies. The Novolex relatives of brands supplies consumers progressive packaging and plastic options for their organization desires today although investing in analysis and advancement to engineer additional sustainable selections for the foreseeable future. With much more than 10,000 personnel family members, Novolex operates 55 manufacturing centers in North The us and Europe, which includes two environment-class plastic film recycling services. To master far more about Novolex, visit www.Novolex.com.

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