- Richard Geib named Chief Operating Officer
- Michael Olsson named Executive Vice President - Consumer Segment
- Dennis Kelly named Executive Vice President - Industrial Segment
ROCK HILL, SC / ACCESSWIRE / May 2, 2018 / GlyEco, Inc. ("GlyEco" or the "Company") (OTC PINK: GLYE), a developer, manufacturer and distributor of performance fluids for the automotive, commercial and industrial markets, announced today the appointment, effective April 27th, of Richard Geib to the new role of Chief Operating Officer. Geib will report to President and CEO Ian Rhodes.
"Over the past year we have successfully consolidated the recently acquired additive and glycol operations with our existing antifreeze business. As part of a natural progression we are now transitioning to an emphasis on a one company, one mission, one focus strategy to increase the profitability and growth of our new vertically integrated organization," said Rhodes. "In appointing Dick to the new role of COO with responsibility for both the Consumer and Industrial Segments, we will be able to more fully leverage Dick's knowledge and experience and operate as One Company."
GlyEco also announced today, that effective April 27th, it has named Michael Olsson as Executive Vice President - Consumer Segment and Dennis Kelly as Executive Vice President - Industrial Segment. Olsson and Kelly will report to Geib.
"Both Mike and Dennis provide the management depth and industry knowledge we need as a rapidly growing company," said Rhodes. "Mike, who previously held senior management positions at Kauffman Tire and Sears Automotive, has significant automotive industry knowledge and multi-location management experience, and Dennis, who previously oversaw the additive business for Dober Chemical, has significant knowledge and expertise in the specialized heat transfer and performance fluids markets, in addition to his in-depth experience in additive and antifreeze markets and technology."
About GlyEco, Inc.
GlyEco is a developer, manufacturer and distributor of performance fluids for the automotive, commercial and industrial markets. We specialize in coolants, additives and complementary fluids. We believe our vertically integrated approach, which includes formulating products, acquiring feedstock, managing facility construction and upgrades, operating facilities, and distributing products through our fleet of trucks, positions us to serve our key markets and enables us to capture incremental revenue and margin throughout the process. Our network of facilities, develop, manufacture and distribute high quality products that meet or exceed industry quality standards, including a wide spectrum of ready to use antifreezes and additive packages for the antifreeze/coolant, gas patch coolants and heat transfer fluid industries, throughout North America.
For further information, please visit: http://www.glyeco.com
Safe Harbor Statement
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President and Chief Executive Officer
SOURCE: GlyEco, Inc.