DyStar's owner, Platinum Equity (USA), has appointed J. Mark Allan as DyStar's new President and Chief Executive Officer (CEO). Effective immediately, J. Mark Allan will replace Phil Norment as President & CEO. Mark was previously serving as the COO and acting CEO. Phil Norment will remain a member of the Board of General Managers and continue to oversee DyStar in his capacity as President of Portfolio Operations for Platinum Equity.
Phil Norment commented, "Mark has had a number of roles in comparable leadership functions in a number of different industries and has managed two Platinum Equity portfolio companies prior to this appointment, where he successfully placed them on a more profitable footing for the future."
Most recently Mark Allan was Senior Vice President for Platinum Equity where he was responsible for the European Portfolio company operations.
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