Happi Staff07.20.20
Diversey has appointed Philip R. Wieland as ongoing CEO of the company, effective immediately. An experienced industrials distribution and services executive with operations expertise, Wieland has served as Interim CEO and a member of the Board of Directors since January 2020. Before that, he was the chief financial officer.
Wieland previously served as CEO of UK and Ireland operations and as Group CFO of Brakes, a European food service business. Prior to that, he was CFO of General Healthcare Group, a private owner of hospitals in the UK, and served in a number of executive roles at British Sky Broadcasting.
“Thanks to the hard work and leadership of Phil and the management team, Diversey has dramatically improved operating profits and cash flow generation, reignited its organic growth engine, and completed two highly strategic acquisitions,” said Ken Hanau, chairman of the Diversey Board of Directors and a managing director at Bain Capital. “We are pleased with Diversey’s performance during the COVID crisis, and confident in the ever-expanding role the Company plays to protect and care for people every day and everywhere through its leading cleaning and hygiene technologies. This is even more important in the times we are living in today.”
Recent Developments at Diversey
Diversey made several strategic moves over the last year to expand its platform. In December 2019, the company announced the acquisition of the global intellectual property rights related to Accelerated Hydrogen Peroxide (AHP), an innovative technology, from Virox Technologies Inc. Previously, Diversey announced a significant investment in a new R&D center in China, a milestone in the execution of its Asia strategy.
“The progress Diversey is making is exciting. We have added critical products to our portfolio and expanded our operations to better serve our key markets, and I am thrilled by the opportunity to lead the business on an ongoing basis,” added Wieland. “We remain focused on serving the needs of our customers with better solutions and products that will help them win in the marketplace.”
Wieland previously served as CEO of UK and Ireland operations and as Group CFO of Brakes, a European food service business. Prior to that, he was CFO of General Healthcare Group, a private owner of hospitals in the UK, and served in a number of executive roles at British Sky Broadcasting.
“Thanks to the hard work and leadership of Phil and the management team, Diversey has dramatically improved operating profits and cash flow generation, reignited its organic growth engine, and completed two highly strategic acquisitions,” said Ken Hanau, chairman of the Diversey Board of Directors and a managing director at Bain Capital. “We are pleased with Diversey’s performance during the COVID crisis, and confident in the ever-expanding role the Company plays to protect and care for people every day and everywhere through its leading cleaning and hygiene technologies. This is even more important in the times we are living in today.”
Recent Developments at Diversey
Diversey made several strategic moves over the last year to expand its platform. In December 2019, the company announced the acquisition of the global intellectual property rights related to Accelerated Hydrogen Peroxide (AHP), an innovative technology, from Virox Technologies Inc. Previously, Diversey announced a significant investment in a new R&D center in China, a milestone in the execution of its Asia strategy.
“The progress Diversey is making is exciting. We have added critical products to our portfolio and expanded our operations to better serve our key markets, and I am thrilled by the opportunity to lead the business on an ongoing basis,” added Wieland. “We remain focused on serving the needs of our customers with better solutions and products that will help them win in the marketplace.”