TricorBraun, a global packaging solutions leader, is pleased to announce that Court Carruthers will become the company's President and CEO effective October 30, 2017. He succeeds the company's long-serving President and CEO, Keith Strope, who will become Executive Chairman.
Strope noted the move is part of a long-term succession plan. "To accommodate our aggressive growth strategy, we need to continue building strong leadership into the future. I have enjoyed working with Court as a member of our board and am excited about working closely with him as CEO. I look forward to focusing my time on our longer-term growth efforts as Executive Chairman."
Carruthers has worked with AEA Investors over the last two years and has served on TricorBraun's board of directors since AEA's purchase of the company. He previously spent 13 years with W.W. Grainger Inc., serving in various global leadership roles, most recently as Group President, Americas.
In this role, he was responsible for the company's $9 billion business across North and South America, including 15,000 team members in more than 500 locations, as well as eCommerce and technology innovation for the company. In addition, Carruthers brings considerable public and private board experience, including US Foods, Ryerson Holding Corp, and Follett Corporation.
Strope has served TricorBraun for 36 years. He was appointed COO in 1997 and CEO in 2002. Under his leadership, the company has grown more than five-fold and has tremendously enhanced its capabilities by globalizing its supply chain, expanding its solutions offering and augmenting its design expertise. He will continue in an active role as Executive Chairman with a focus on mergers and acquisitions, strategy, and further expanding industry and customer relationships.
"Keith's long-standing leadership and success at the company is impressive," said Tom Pryma, Partner at AEA Investors LP, TricorBraun's majority shareholder. "He has been our friend and business partner for over a decade and we look forward to many more years working together to continue expanding TricorBraun. His new role will take full advantage of his vast experience and knowledge, while ensuring a successful transition for Court."
Pryma continued: "For someone of Court's caliber to join TricorBraun is a testament to the strength and potential of the company. He has an exceptional track record of success in distribution businesses around the world by driving profitable growth, accelerating digital initiatives, and building high-performing teams. We are excited to support him and the team in executing our shared vision for the future, which includes ambitious plans for organic and acquisition-based growth."
"This is a great time to be joining TricorBraun and I am honored to lead the company into its next stage of growth," said Carruthers. "My main focus is helping our team deliver increased innovation, value, and efficiency for our customers and supplier partners, along with growth for our team members and shareholders. I am excited to get started."
TricorBraun’s consumer research shows that moms also prefer scoops that are appropriately-sized for dosing, incorporate dosage indicators and have a grippable handle
TricorBraun conducted qualitative research to understand consumer behavior, preferences, needs and experiences with different scoop designs. Insights gathered directly from consumers about what they prefer and how they interact and use scoops enables TricorBraun’s packaging consultants to understand which scoop solution is preferred for infant formula powders, and identify future design opportunities.
TricorBraun acquires leading healthcare packaging company
TricorBraun Inc., a leading packaging solutions company, has acquired Package All Corp., a 33-year-old healthcare-focused packaging distributor headquartered in Bayport, New York. As a result of this transaction, Package All has become a wholly-owned subsidiary of TricorBraun but will continue to be led by its current executive team.
TricorBraun honored with marketing communications awards in international competition
For the second consecutive year, TricorBraun Design & Engineering Group's Marketing Communications Manager Charmaine Laine has won three awards from MarCom Awards. An international competition honoring creative excellence in marketing communications, MarCom Awards is one of the industry's largest competitions with more than 6,000 entries submitted.
TricorBraun has acquired Canadian-based Taipak
TricorBraun, a leading packaging solutions company, has acquired Canadian-based Taipak, a flexible packaging solutions provider headquartered in Richmond, British Columbia. "The acquisition of Taipak represents a true milestone for TricorBraun: It's the very first time in our more than 100-year history that we have entered the flexible packaging industry," said Keith Strope, Executive Chairman of TricorBraun. "It's a move that significantly increases our product offering and capabilities."
How brand owners can win the race to e-commerce-friendly packaging
Rigid packaging leader TricorBraun today released a new digital magazine addressing the e-commerce challenges and considerations faced by consumer-packaged goods (CPG) brand owners, and how they can increase opportunities for growth with the right packaging strategies and solutions.
TricorBraun hires industrial designer
TricorBraun Design & Engineering Group today announced that Eileen Krumm has joined the company as an Industrial Designer. She reports to Industrial Design Manager Samantha Juna and is based in Oak Brook, Illinois. In this role, Krumm designs and develops custom rigid packaging solutions for CPG (consumer packaged goods) brand owners located across the globe. With market insights and consumer trends in mind, Krumm works directly with clients to understand their needs and design imaginative concepts specific to required materials and manufacturing processes.
TricorBraun Limited celebrates one-year anniversary; packaging solutions leader continues to grow UK office
TricorBraun Limited, the European subsidiary of TricorBraun, is celebrating the one-year anniversary of formally organizing its office in the United Kingdom, according to Joe Mazzilli, Sales Director - Europe. "We've had a presence in the UK and Europe for more than five years," said Mazzilli. "But establishing roots with the opening of our facility shows commitment to a longer-term strategy. We continue to expand our customer base in Europe and revenue is up."
Ergonomic efficiency: TricorBraun's EZ scoop shown to reduce ergonomic stressors
TricorBraun releases new reports outlining research findings and offering best practices for EZ Scoop placement. New research commissioned by rigid packaging leader TricorBraun shows that in addition to eliminating the need for consumers to dig their hands into powder to retrieve the scoop and compromise hygiene, the EZ Scoop improves ergonomic exposure for assembly line workers without affecting operational efficiency.
TricorBraun acquires Pennsylvania-based packaging supplier
TricorBraun has acquired Continental Packaging Associates, a third-generation, family-owned packaging supplier, according to Keith Strope, President and CEO, of TricorBraun. "CPA is a great strategic fit with a good legacy and reputation," said Strope. "It's family-owned, much like TricorBraun started out".
Helping brand owners navigate the packaging material selection maze
Rigid packaging leader TricorBraun has released a new report addressing challenges faced by brand owners when it comes to selecting the right packaging materials. The white paper outlines how brand owners can identify the right packaging materials to balance brand requirements and consumer preferences with packaging content to mitigate risk, extend shelf life and avoid higher costs.
TricorBraun announces new management positions
To support current and future growth, TricorBraun has announced two key management moves, according to Keith Strope, President and CEO, of TricorBraun. Brett Binkowski, a 20-year veteran of TricorBraun, has been named to the newly created role of Chief Commercial Officer, said Strope.
Dixie Elixirs partners with TricorBraun under an aggressive six-month timeline to meet the latest cannabis regulations with a custom packaging design solution
With legalization for medical and recreational use occurring just five years ago in Colorado, cannabis sales exceeded $1 billion in 2016 alone which is a 30% increase. According to the Arcview Group, this industry is estimated to reach nearly $22 billion in total annual sales in the US by 2020.
TricorBraun agrees to acquire Canadian packaging solution company
TricorBraun has agreed to acquire Canadian packaging solution company Salbro Bottle to strengthen TricorBraun's Canadian presence. TricorBraun has entered into a definitive agreement to acquire Canadian-based Salbro Bottle, a 27-year-old packaging solutions company.
TricorBraun receives most medals at 2017 National Association of Container Distributors, company takes home four gold medals
TricorBraun, a leading packaging solutions company, announced it received a record number of medals at the NACD (National Association of Container Distributors) 2017 Packaging Awards. Of the company's 10 medals received at the NACD competition this year, four were gold, four were silver and two were bronze.
TricorBraun commits to major recruiting effort
TricorBraun has undertaken an aggressive new program to hire employees - especially people who might be interested in sales, according to Keith Strope, President and CEO, of TricorBraun. "We see tremendous growth opportunity in the packaging industry," said Strope. "For our organization, organic growth is an important goal and we are making the important investments that will allow us to achieve that growth."
For Performix and TricorBraun, it's hip to be square
Achieving easy container access while disrupting the category to deliver the best possible consumer experience was the objective and the result of a highly engaged and collaborative partnership between Performix and TricorBraun for the launch of the Performix Iridium line.
How nutraceutical companies can leverage packaging to disrupt, differentiate, and win in a crowded market
Rigid packaging leader TricorBraun has released a new report addressing challenges faced by nutraceutical brand owners and how they can drive consumer loyalty through packaging functionality. In the white paper, TricorBraun outlines: consumers' changing lifestyles, factors leading to shelf confusion for consumers, examples of how companies have used smart packaging as a solution, and packaging challenges and considerations specific to the nutraceutical market.
New survey names TricorBraun Winepak best bottle supplier of 2017 - respondents describe customer service as "dazzling"
According to a published report by Vineyard & Winery Management, the survey received more than 700 responses from across the nation and covered 25 categories. In the survey, respondents cited TricorBraun WinePak's "competitive prices," "range of choices," "delivery" and "high quality products."
An open and shut case: vitamin and dietary supplement consumers select packages based on ease and security of close, dosing flexibility, and intuitiveness
Vitamin and dietary supplement consumers' package selection decisions are driven by the ease and security of the dispensing close, dosing flexibility and intuitiveness, according to new research from TricorBraun, a leader in rigid packaging.
Read My Lips: lip balm consumers prefer convenient packages that make using lip balm fun
Female consumers prefer the size, fun and trendiness of lip balm stick packaging and the trendy, hygienic and visually appealing design of modern jar packaging, according to new research from rigid packaging leader TricorBraun. Consumers also favor the intuitiveness, size, portability and open/close ease of a new pop jar format compared to the traditional jar.
TricorBraun hires two new product design engineers
TricorBraun Design & Engineering Group announces the hire of Jay Lee and Jeff Bersch. Lee began in November and Bersch in January. The product design engineer at TricorBraun works with the industrial design team to transform 2D or 3D concepts into production ready solutions that can be properly molded. In addition, the design engineer engages closely with TricorBraun's in-house mold development center and/or outside development partners.
TricorBraun promotes Gregg Aukeman to Package Qualification Manager and hires Ryan Fichuk as Packaging Quality Engineer
TricorBraun Design & Engineering Group announces the promotion of Gregg Aukeman to Package Qualification Manager and expands the packaging quality team by hiring Ryan Fichuk as Packaging Quality Engineer
TricorBraun partners with Kenra Professional as they lead the way in snail CC creme for hair care
TricorBraun has partnered with Kenra Professional on a number of hair care package design projects over the course of more than 15 years. This one, however, is the first product of its kind in hair care and visually, it's a show stopper!
TricorBraun Awards Weener Plastics Inc., 2016 Development Partner of the Year
TricorBraun Design & Engineering Group has chosen Weener Plastics Inc. U.S. as the winner of the 2016 Development Partner of the Year Award. The partner was selected based upon a defined criteria and most importantly because of their proven ability to provide superior support and engagement for the successful outcome of one or more highly complex custom package design projects.
TricorBraun's two worldstar packaging awards bring total to 17 packaging awards in 2016
Two innovative rigid packages designed by TricorBraun have won awards in the 2017 WorldStar Packaging Competition, bringing the total number these packages have won to three apiece. The awards are for SmartMouth Mouthwash in the Medical/Pharmaceutical Category, and for Arta Tequila in the Beverage Category.
Consumer Preferences for Lip Balm
TricorBraun is pleased to announce upcoming consumer research focus group sessions being held to discuss and gather an understanding of consumer behavior and the drivers behind purchase decisions in the lip balm category. The focus groups will participate in a discussion surrounding ease of use, visual appeal and the fun factor for a variety of differently formatted packaging systems found in lip balm. TricorBraun to research consumer behavior and purchase drivers for lip balm.
TricorBraun marketing communication manager wins three awards
TricorBraun Design & Engineering Group's Marketing Communication Manager, Charmaine Laine, has won three marketing communications awards from MarCom Awards. Laine joined TricorBraun in July of 2015 and has expanded the marketing communication program.
- Lorena Rueda
- Company News
- Created 23 OCT 2017
- Modified 23 OCT 2017
- Hits 1261