Vectair Names New CEODecember 14, 2020
Vectair Systems Inc. has appointed Peter Lipke global CEO.
Lipke succeeds Paul Wonnacott, who will continue with the company in his role as executive chairman. He joins Vectair from Ecolab Inc., where he served as senior vice president of European enterprise initiatives.
Lipke’s appointment follows Vectair adding a new consortium of North American investment funds led by Arcspring and Oxbow Industries. United Kingdom-based Mobeus has exited its investment in Vectair.
“The departure of Mobeus was the perfect opportunity for a new consortium of U.S. investors to take not only Mobeus’ share but increase their investment alongside existing management—further backing their confidence in Vectair Systems,” said Wonnacott.
About Vectair Systems
Vectair Systems Inc. is a Memphis, Tennessee-based manufacturer and supplier of hygiene products that delivers sanitary solutions to customers and facilities in more than 120 countries. For more information, visit www.vectairsystems.com.