Polyconcept appoints Neil Ringel as new CEO
Polyconcept, the world’s largest supplier of promotional products, announced the appointment of Neil Ringel as its new Chief Executive Officer, effective February 4. He is a deeply experienced B2B distribution executive who built his career at Staples, Inc., serving recently as its President of North American Delivery. Based in Pittsburgh, Ringel will assume full group responsibilities for Polyconcept including its primary operating divisions: Polyconcept North America (PCNA), PF Concept and other global operations. He replaces Gene Colleran, who served as CEO since 2015.
Polyconcept, a portfolio company of Charlesbank Capital Partners, is a leading supplier of promotional products. Operating on five continents and selling to more than 100 countries worldwide, the company offers a comprehensive product portfolio backed by best-in-class service.
“We appreciate Gene’s many contributions to Polyconcept and wish him the very best,” said Josh Klevens, Managing Director at Charlesbank. “We are delighted to welcome Neil to the company and are confident that his impressive experience and leadership track record will allow Polyconcept to continue its positive momentum while finding new and better ways to serve its customers and forge an even stronger future.”
Mr. Ringel has 23 years of experience at Staples, where he held various executive roles with responsibility over the salesforce, digitization and M&A activity, as well as oversight for the Staples Promotional Products business. As President of Staples’ North American delivery business, he was instrumental in growing the company’s B2B division into a $10 billion enterprise supporting more than 1.5 million customers, from Fortune 500 to small and mid-sized businesses. Most recently, Neil headed Corporate Development, where he was responsible for executing and integrating multiple strategic acquisitions. He began his career as a General Manager at Hanson OP, a division of Hanson Industries.
“We warmly welcome Neil Ringel to the Polyconcept family. His experience and leadership – both within the B2B domain and our market – will add greatly to the achievement of our challenging ambitions, and to the further development of our company. We are looking forward to working with Neil to build upon Polyconcept's robust foundation and to enhance our value to our distributor partners,” said Ralf Oster, CEO of PF Concept.
“Polyconcept is a market leader known for its innovation, global capabilities and strong customer service,” said Mr. Ringel. “I am proud to join this talented, passionate management team and look forward leveraging my experience to help the company strengthen its position as a market leader.” www.polyconcept.com