Indevco North America announced that effective Sept. 1, Ned M. Bassil will begin serving as company CEO. Bassil succeeds Pierre Khattar, who will transition to join the board of directors.
Bassil brings more than three decades of experience to his new role, most recently as operating partner with Beckway Group. Bassil joins Indevco North America at a time when it is preparing for further rapid growth in sectors including the flexible packaging, recycling and building material industries.
“Ned has a proven record in optimizing and growing industrial concerns,” Khattar said. “Along with our high-performing executive team, his leadership skills will propel Indevco North America to achieve aggressive strategic goals. Ned’s principles will help perpetuate our dedication to employees, local communities and the environment.”
Headquartered in Doswell, Va., Indevco North America makes plastic packaging, along with other products.
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