DEARBORN, March 4, 2015 – George Caplea, previous Wolverine Advanced Materials (Wolverine) Executive Vice President, was recently named President. Grant Beard, Chairman and CEO of Wolverine, made the announcement.
In his previous position, Caplea led the organization to record sales growth, an expansion of our production portfolio and technical capabilities, and optimized team synergies.
As President, Caplea will be globally responsible for Wolverine’s Manufacturing Operations, Sales, Engineering, and International Business Units. “This new organizational alignment will strengthen the engine of our company,” said Beard.
About Wolverine Advanced Materials
Wolverine Advanced Materials is a leading developer and manufacturer of high-performance materials. Our core competency is in performance-critical, specialty elastomer-coated metals that offer damping and seal- ability solutions in the automotive brake, NVH, and sealing industries. Extensive industry knowledge and innovative materials have made Wolverine a desired and trusted global supplier for over 80 years. Wolverine has locations in Virginia, Florida, Michigan, Germany, Japan, China, Brazil, and India. Principally owned by Wynnchurch Capital Partners III, L.P., Wolverine employs approximately 600 people worldwide, with global headquarters in Dearborn, Michigan. For more information, please visit: www.wamglobal.com.
About Wynnchurch Capital
Wynnchurch Capital, headquartered in the Chicago suburb of Rosemont, Illinois with offices in Bloomfield Hills, Toronto, and affiliate offices in Montreal and New York, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada which have outstanding management teams and possess the potential for substantial growth and profit improvement. Wynnchurch focuses on investments in niche manufacturing, business and industrial services, energy and power services, logistics, transportation and value-added distribution. Wynnchurch manages a number of private equity funds with capital under management in excess of $2.3 billion, specializing in management buyouts, recapitalizations, corporate carve-outs, restructurings and growth capital. For more information, please visit: www.wynnchurch.com.