US fiber manufacturer The Lycra Company has appointed Alistair Williamson as vice president of product sustainability. This emerges from a press release from the company. In this role, he will lead initiatives that reduce the environmental impact of products, innovations and business operations.
Williamson has 40 years of experience in the textile fiber and apparel industries. During this time, he held commercial, sales and marketing positions in EMEA, North America and South Asia. Before joining Invista, the former parent company of The Lycra Company, in 2007, he worked for two nylon mills.
Doug Kelliher, executive vice president of product, has high hopes for Williamson’s promotion: “His expertise will ensure high-quality solutions with lower environmental impact and greater transparency.”
Although the group emphasizes such sustainability goals, analysts will observe this course critically. Earlier this year, The Lycra Company initiated a restructuring to reduce $1.2 billion in debt. The stakeholders agreed to a pre-agreed recovery plan and the company committed to further strengthening its financial base. With his background in commercial positions, Williamson will have to prove that the sustainability strategy can live up to these promises.
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