Business
Synalloy Appoints John Zuppo as Executive Vice President of Synalloy Chemicals
– Former DanChem CEO with Over 20 Years of Industry Experience Will Lead the Company’s Chemicals Segment to Accelerate Growth – RICHMOND, Virginia--(BUSINESS
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[{"type":"text","content":"\n– Former DanChem CEO with Over 20 Years of Industry Experience Will Lead the Company’s Chemicals Segment to Accelerate Growth –\n\n RICHMOND, Virginia--(BUSINESS WIRE)--\nSynalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, has appointed John Zuppo as executive vice president of Synalloy Chemicals, effective November 12, 2021. With this appointment, all of Synalloy’s chemicals subsidiaries will now report directly to Zuppo.\n\nWith over 20 years of executive leadership experience and an extensive background in the specialty chemicals industry, Zuppo was formerly the CEO of DanChem, which Synalloy acquired on October 25th. While at the helm of DanChem, Zuppo led an effective turnaround of the business and more than doubled profitability prior to the successful exit. He accomplished this through reorganizing the entire leadership team, investing in engineering and process development capabilities, building a robust sales funnel with a new commercial team that generated long-term sustainable growth, and creating a culture with core pillars of focus on fostering empowerment and accountability throughout the organization. Prior to DanChem, Zuppo spent nearly a decade in various leadership roles at Emerald Performance Materials, a leading producer of advanced specialty chemicals.\n\n“We are incredibly pleased to have John take the helm of our chemicals segment as we look to significantly scale this platform and accelerate growth,” said Chris Hutter, interim president and CEO of Synalloy. “As part of our extensive due diligence when acquiring DanChem, it was clear that John was an exemplary leader with a proven track record in leading a successful turnaround. Now that we have one of the largest specialty chemical contract manufacturers in the U.S., it was crucial that we have the right leadership in place to ensure the success of this segment. We believe we have found that with John, and we look forward to benefitting from the strategic growth initiatives and operational improvements we expect he will implement across Synalloy Chemicals.”\n\nSpeaking to his appointment, Zuppo said: “Having been involved in extensive conversations with Chris and his team leading up to the acquisition, I believe Synalloy Chemicals ...