Breaking News: Polyconcept Appoints Neil Ringel As New CEO
Polyconcept, parent of suppliers Polyconcept North America (PCNA) and PF Concept, has appointed Neil Ringel as its new chief executive officer, effective today.
Ringel built his career at distributor Staples, Inc., serving most recently as its president of North American Delivery. Based in Pittsburgh, Ringel will assume full group responsibilities for Polyconcept including PCNA, which includes the Bullet, Leed’s, JournalBooks and Trimark brands; PF Concept and other global operations. He replaces Gene Colleran, who has served as CEO since 2015.
“We appreciate Gene’s many contributions to Polyconcept and wish him the very best,” said Josh Klevens, managing director at Charlesbank Capital Partners, of which Polyconcept is a portfolio company. “We are delighted to welcome Neil to the company and are confident that his impressive experience and leadership track record will allow Polyconcept to continue its positive momentum while finding new and better ways to serve its customers and forge an even stronger future.”
Ringel has 23 years of experience at Staples, where he held various executive roles with responsibility over the salesforce, digitization and M&A activity, as well as oversight for the Staples Promotional Products business. As president of Staples’ North American delivery business, he was instrumental in growing the company’s B2B division into a $10 billion enterprise supporting more than 1.5 million customers, from Fortune 500 to small and mid-sized businesses. Most recently, Ringel headed corporate development, where he was responsible for executing and integrating multiple strategic acquisitions. He began his career as a general manager at Hanson OP, a division of Hanson Industries.
“We are excited to welcome Neil to the Polyconcept family,” added David Nicholson, president of Polyconcept North America. “His leadership and experience—both within the B2B domain and our market—will be an asset to the company. We are looking forward to working with Neil to build upon Polyconcept’s terrific foundation and to enhance our value to our distributor partners.”
Read more in Tuesday’s PPB Newslink.