Polysack, an Israeli manufacturer of recyclable films for flexible packaging, has announced a raft of new leadership appointments that support the company’s long-term growth strategy and strategic priorities.
The company has appointed industry heavyweight Alex Baumgartner as Chairman of the Board. Alex brings over 25 years of experience, including five years as CEO of Constantia Flexibles, to his new role. At Constantia Flexibles, worldwidethe third largest producer of flexible packaging, he was responsible for the R&D strategy in recyclable packaging and the company’s global transformation to 100% flexible packaging. Baumgartner’s industry knowledge is extensive and he sees the latest developments in recyclable films as a huge opportunity to accelerate transformation in the flexible packaging industry.
“This is a really exciting time for the global flexible packaging market, as companies contemplate what a full-scale switch to recyclable materials means. As brand owners make big changes to achieve 2025 recyclability targets, we will witness a major industry evolution worth billions of dollars to the players willing to embrace change,” he said.
Polysack’s portfolio of recyclable packaging film places the company is an excellent position to benefit from the opportunities this transition will bring, he added.
The company also announced that Yaron Bar, had been named COO of the company. Bar comes to Polysack with 35 years of operations experience in a variety of industries under his belt. Previous roles included Global Operating Manager at Keter Plastic and Subsidiary CEO of Teva, as well as leading positions at a number of pharmaceutical firms.
Polysack’s third new executive hire was the appointment of Yair Gellis, as the new VP of Marketing and Business Development. Gellis has 25 years of industry experience, most notably having headed up flexible packaging at HP Indigo.
The industry is on the cusp of a major shift towards a much more sustainable model that is reliant on widespread adoption of 100% recyclable products, according to Yanir Aharonson, CEO, Polysack.
“We believe the combination of our leadership team, our market-leading solutions, and our company vision positions us first and foremost to play a key role in leading this transformation.”
Polysack is a GreenTech company whose customers range from small businesses to Fortune 100 companies. It is one of the few companies in the world that specializes in manufacturing film using MDO technology and the only commercial MDO PE film provider that has passed the recyclability test of the American Association of Post consumer Plastic Recyclers (APR). Using advanced MDO (Machine Direction Orientation) technology, Polysack’s vision is to become the leading provider of high-yield cost-effective sustainable films.