PAWTUCKET, Rhode Island—Teknor Apex Co. has appointed Suresh Swaminathan as its new president, succeeding William Murray, who is retiring after 41 years with the company.
Swaminathan, who joined Teknor Apex as a process engineer in 1987, will be responsible for the company's worldwide custom compounding business.
During his time with Teknor Apex, he also has served as a technical manager and a plant manager, before taking on business development responsibilities for the company's thermoplastic elastomer products. In 2018, he became executive vice president, overseeing the TPE and color businesses, while supervising all operations in Europe and Asia.
Teknor Apex operates 13 manufacturing facilities in the U.S., Europe and Asia, and produces flexible and rigid vinyl, TPEs, polyamides, color masterbatches and speciality chemicals.
"In 32 years with Teknor Apex, Suresh has gained wide experience in technology, manufacturing, sales and business management, and he has played an important role in our worldwide expansion," Jonathan Fain, CEO and chairman of the board, said in a statement.
Swaminathan, Fain said, will help strengthen the company's commitment to innovation, global growth, and localized service to customers.