As first reported Monday in a PPB Newslink Breaking News alert, Polyconcept, parent of suppliers Polyconcept North America (PCNA) and PF Concept, has appointed Neil Ringel as its new chief executive officer effective February 4.

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," says 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 spent 23 years at distributor Staples, where he held various executive roles with responsibility over the salesforce, digitization and mergers and acquisitions activity, as well as oversight for the Staples Promotional Products business. He was most recently president of Staples' North American delivery business, where 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. Ringel began his career as a general manager at Hanson OP, a division of Hanson Industries.

“Polyconcept is a market leader known for its innovation, global capabilities and strong customer service,” says Ringel. “I am proud to join this talented, passionate management team and look forward leveraging my experience to help the company strengthen its position as a market leader.”

David Nicholson, president of Polyconcept North America, adds, “We are excited to welcome Neil to the Polyconcept family. 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."