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Michelman announces leadership transition

Cincinnati-based Michelman announces Dr. Richard (Rick) I. Michelman will become the organization’s next president and CEO, effective January 1, 2022. At that time, longtime leader Steven J. Shifman, president and CEO since 2003, will assume the role of executive chair.

This leadership transition assures the company will continue to be family-owned and managed for the long term.

“I am tremendously proud of having led and grown our company globally for nearly 20 years. Moreover, I have strived to lead the company so that our ability to grow sustainably for good has been enhanced. Michelman is comprised of hundreds of values-based and purpose-driven associates, and I am appreciative that we continue to leave a positive impact on the communities we serve and the world around us,” said Shifman. “Rick is uniquely qualified to serve as Michelman’s next president. His leadership, customer relationships, and proven performance make him the natural choice to succeed me.”

Dr. Michelman added, “Steve is leaving us in a solid position. We are set up to be more vital and impactful than ever before, and I am ready to lead the business into the future as the coatings, printing & packaging, and fibres & composites markets continue to need our sustainable solutions. Our global associates and deep customer relationships have positioned us for continued growth in these markets that embrace sustainability. It’s an exciting time at Michelman.”