NewAge Industries Appoints Mary Marcus as New CEO, Signaling Strategic Growth

December 19th, 2024 8:00 AM
By: Newsworthy Staff

NewAge Industries, a global leader in fluid transfer systems, has named Mary Marcus as its new CEO. This appointment marks a significant shift in leadership for the company, potentially impacting its future direction and growth in the biopharma and industrial markets.

NewAge Industries Appoints Mary Marcus as New CEO, Signaling Strategic Growth

NewAge Industries, Inc., a prominent player in the fluid transfer systems solutions sector for biopharma and industrial markets, has announced Mary Marcus as its new Chief Executive Officer. This strategic move comes as the company, parent to AdvantaPure and NewAge Performance Products, seeks to solidify its position as a global leader in the industry.

Marcus, who joined NewAge Industries in 2008, has been serving as Interim CEO & General Manager. Her appointment to the permanent CEO position is a testament to her successful leadership and strategic vision for the company. Andreas Georghiou, Lead Director of the Board, praised Marcus's role in positioning the organization for tremendous growth opportunities within the industry.

The appointment has received strong support from Ken Baker, the previous CEO and current board member, who expressed confidence in Marcus's commitment and dedication to the company, its team members, and global partners. This endorsement from the outgoing leadership suggests a smooth transition and continuity in the company's strategic direction.

Marcus's journey with NewAge Industries spans over a decade, during which she has held various leadership roles in operational functions. Her experience has been crucial in navigating the company through significant growth phases and challenges, particularly in servicing the demanding BioPharma industry. Her contributions include establishing Single Use Sterilization programs, overseeing the construction of cleanroom production suites, developing the Quality Management System, and expanding the company's global footprint with a new manufacturing site in Europe.

The appointment of Marcus as CEO is significant for several reasons. Firstly, it represents a shift towards leadership that has grown within the company, bringing deep operational knowledge and understanding of the industry. Secondly, her background in supply chain operations and organizational development positions NewAge Industries to potentially enhance its operational efficiency and market responsiveness.

As a 100% employee-owned corporation with a Gold Ecovadis Sustainability Rating and B Corporation certification, NewAge Industries has demonstrated a commitment to ethical business practices and sustainability. Marcus's leadership may further strengthen these aspects, potentially influencing the company's market position and appeal to environmentally conscious clients and partners.

The fluid transfer systems solutions industry, particularly in the high-purity pharmaceutical and biopharma sectors, is crucial for advancing medical research and production. Under Marcus's leadership, NewAge Industries could play an even more significant role in supporting these vital industries, potentially contributing to advancements in healthcare and biotechnology.

As NewAge Industries enters this new chapter, the industry will be watching closely to see how Marcus's leadership shapes the company's future. Her focus on strategic positioning and growth could lead to innovations in fluid transfer technologies, expansion into new markets, or enhanced partnerships within the global biopharma and industrial sectors.

The appointment of Mary Marcus as CEO of NewAge Industries marks a pivotal moment for the company. It reflects a blend of continuity and fresh perspective, potentially setting the stage for accelerated growth and innovation in the fluid transfer systems industry. As the biopharma and industrial markets continue to evolve, NewAge Industries, under Marcus's leadership, appears poised to meet new challenges and opportunities in this critical sector.

Source Statement

This news article relied primarily on a press release disributed by 24-7 Press Release. You can read the source press release here,

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