The LYCRA Company, a global leader in developing fiber and technology solutions for the apparel and personal care industries, announced today that Hua Du has been appointed chief executive officer, effective September 14, as the company enters its next chapter following the successful completion of its financial restructuring. Du succeeds Dean Williams, who served as interim chief executive officer and will continue in his role as chief financial officer.
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The LYCRA Company Appoints Hua Du as Chief Executive Officer. With 30 years of leadership experience in the specialty chemical and biotechnology industries, Du is well positioned to lead the company into its next chapter.
Du brings 30 years of leadership experience in the specialty chemical and biotech-based industries, driving transformational growth across global businesses. Du most recently served as CEO of Grobest Group, a private equity-backed animal nutrition business, where he led a comprehensive operational turnaround culminating in the company’s sale. Earlier in his career, he held senior leadership roles at Rhodia (later acquired by Solvay) and managed electronic materials businesses across Asia for Rohm and Haas, later acquired by Dow Chemical.
“We are pleased to welcome Hua as The LYCRA Company’s next CEO,” said Bruce Rubin, executive chairman of the company’s board of directors. “With his extensive technical expertise, operational leadership, and global customer focus, we are confident that Hua has the experience and vision to help shape a successful future for the business. On behalf of the board, I would like to thank Dean Williams for his leadership as interim CEO during this period of transition.”
“The LYCRA Company is built on a legacy of innovation, operational excellence, globally trusted brands, and deep expertise in fiber and materials science,” said Du. “I am honored to join this exceptional organization as we unlock new opportunities for innovation and growth.”
About The LYCRA Company
The LYCRA Company innovates and produces fiber and technology solutions for the apparel and personal care industries and owns the leading consumer brands: LYCRA®, LYCRA HyFit®, LYCRA® T400®, COOLMAX®, THERMOLITE®, ELASPAN®, SUPPLEX® and TACTEL®. Headquartered in Wilmington, Delaware, United States, The LYCRA Company is recognized worldwide for its high-quality products, technical expertise, and marketing support. The LYCRA Company focuses on adding value to its customers’ products by developing unique innovations designed to meet the consumer’s need for comfort and lasting performance. Learn more at thelycracompany.com.
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