LITTLE
ROCK, Ark., July 18,
2024 /PRNewswire/ -- Revolution Sustainable
Solutions, LLC ("Revolution"), a leading innovator in sustainable
materials and recycling solutions and a portfolio company of
private equity firm Arsenal Capital Partners ("Arsenal"), today
announced that it has appointed Scott
Coleman as President and Chief Executive Officer.
Coleman joined Revolution in 2013 and has most recently served
as the Senior Vice President of Growth and Strategy, as well as
previously serving as Division President and Vice President of
Business Development. He succeeds Sean
Whiteley, who has served as the CEO of Revolution for the
past 12 years. Whiteley is leaving the company to serve his church
leading a three-year mission in Taiwan and will remain active as a member of
the board.
George Abd, Chairman of
Revolution and Operating Partner of Arsenal stated, "We are so
grateful for the incredible leadership and partnership that
Sean Whiteley has provided the
company and look forward to continued collaboration with him as a
board member. We are thrilled to welcome Scott Coleman as CEO as he brings a deep
understanding of Revolution's differentiated model and growth
prospects, enabling him to hit the ground running."
In his role as CEO, Coleman will oversee all operations and
continue to drive Revolution's growth as a leader in sustainable
materials and plastic waste solutions. Since joining Revolution 11
years ago, he has contributed significantly to strategic growth
initiatives and has led the identification and completion of eleven
highly synergistic acquisitions. Coleman builds upon a successful
career in operations and development at MDC Holdings Inc. and
investment banking at Wells Fargo Securities. He holds a BS and MS
in Economics from Iowa State University
as well as an MBA from the Haas School of Business at the
University of California, Berkeley.
Coleman stated, "It has been an honor to be part of the great
management team at Revolution to build what we believe to be a
unique company in the sustainable materials segment. In the past 10
years, the company has diverted over two billion pounds of waste
from landfills and other disposal methods, and has used that waste
to create new, high-quality films and sustainable resins for
critical applications, including agricultural irrigation where
Revolution's products have saved over a trillion gallons of water
versus other irrigation methods. Market demand for sustainable
flexible film solutions is growing enormously and I am excited to
partner with our talented team, of which I have been proud to have
helped build, to continue to lead in this innovative space."
About Revolution
Revolution has been setting the
standard in sustainable loop, high-performance plastic solutions
for over 25 years with its recycling and manufacturing operations
throughout the United States.
Revolution uses a unique, circular approach that diverts over 300
million pounds of plastic waste from landfills every year,
processing it into high-quality certified recycled resin and
putting it back into sustainable products like trash can liners,
reusable carryout bags, stretch film and construction films.
revolutioncompany.com
About Arsenal Capital Partners
Arsenal Capital
Partners is a leading private equity investment firm that
specializes in building market-leading industrial growth and
healthcare companies. Since its inception in 2000, Arsenal has
raised institutional equity investment funds totaling over
$10 billion, completed more than 300
platform and add-on acquisitions, and achieved more than 35
realizations. The firm works with management teams to build
strategically important companies with leading market positions,
high growth, and high value-add. For more information, visit
www.arsenalcapital.com.
Media Contacts:
Dana
Dowdy
214.677.5204
ddowdy@revolutioncompany.com
Allison Chaney
214.352.5980
allison@culverpr.com
Ellen Pavlovsky
epavlovsky@arsenalcapital.com
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SOURCE Revolution