Parsippany, New Jersey-based Sun Chemical, a manufacturer of printing inks, coatings and pigments, announces the naming of Myron Petruch, president of the company’s performance pigments division, as an executive officer of DIC Corp., Sun Chemical’s parent company in Tokyo.
The executive officer appointment means that Petruch has been given additional operational and strategic responsibilities within DIC’s global pigments organization. He becomes only the second Western-based executive officer at DIC.
Petruch joined Sun Chemical in 2008 as president of its performance pigments business and, according to the company, has led the division to unprecedented growth in both sales and profitability through a combination of organic growth and strategic acquisition. He started his career at the Engelhard Corporation, now part of BASF, and has broad general management experience at progressively more senior levels.
“Myron’s appointment clearly signals DIC and Sun Chemical’s intention to be a global force in the pigments business,” says Rudi Lenz, president and CEO of Sun Chemical. “DIC has recognized Myron’s tremendous track record of success within our performance pigments business, and he will be a major asset to DIC as he brings his truly global knowledge of the pigment business to them, while retaining his Sun Chemical responsibilities.”