Pamarco appoints Allan Li as new CEO

Li is described as a ‘seasoned executive’ having held various positions in private equity, investment banking and management consulting. He has spent much of his career working with companies of all sizes in a variety of business sectors, and joins Pamarco from a consumer goods company. His work involved the development and implementation of growth strategies, transaction strategies and process improvement initiatives. In his new role, Li will assume overall responsibility for Pamarco, including all lines of business and functional groups within the company.

Ford said: ‘Pamarco's board of directors is responsible for maintaining the continuity of the company's senior leadership and ensuring that the executive team possesses the experience, skills and character required to achieve the company's goals.

‘With today's announcement, the company will have a smooth transition to a proven executive in Allan Li. I have the highest degree of confidence that his leadership will further expand Pamarco's impressive record of innovation and continued value of creation and growth.’