Precision Valve Corporation (Precision), a leading global manufacturer of aerosol valves, actuators, and other dispensing solutions, has announced the appointment of Thierry Bouan as Chief Executive Officer, effective immediately.
Bouan succeeds Harald Biederbick, who has served as Chief Executive Officer since 2022.
Bouan joined Precision in 2017 and has been responsible for leading all aspects of the Asia Pacific business.
Throughout his tenure, he has successfully driven operational and commercial value-creation initiatives, demonstrating strong leadership and a commitment to excellence, according to Precision.
It added that his extensive experience in business transformation means he is well-positioned to guide Precision’s continued growth and innovation.
Prior to joining Precision, Bouan spent a decade at Global Closure Systems, a leading global manufacturer and provider of closures and dispensing systems, where he ultimately led the company’s Asian operations, overseeing a P&L with 600 employees and managing three manufacturing sites across the region.
Bouan also spent nine years at Crown Holdings, a designer and manufacturer of packaging solutions for consumer goods, where he served in a senior management role, overseeing 150 employees and leading operations across France, Spain and Italy.
“On behalf of the Board of Directors, we are thrilled to appoint Thierry to this new leadership role” said Ryan Mashinter, Senior Managing Director at ONCAP.
“Thierry’s extensive experience and demonstrated track record of value creation through strong corporate strategy and business transformation initiatives bodes well for Precision going forward.”
Bouan commented “I am honoured to take on this role and lead Precision at such a pivotal moment in its journey. With its deep-rooted history, strong reputation for innovation and quality, and expansive global footprint, Precision is well-positioned for the future.
"I am excited to work alongside our talented team to drive the next phase of expansion and deliver even greater value to our customers and stakeholders. The opportunities ahead are exciting and I look forward to building on the company’s strong foundation to achieve new levels of success.”
Precision announces new CEO
