Global coatings manufacturer Hempel A/S (Lyngby, Denmark) has named David Heal to head its renewable energy segment effective March 1. Heal has 25 years of experience from technical and commercial leadership roles in the protective coatings industry.
“We are happy to welcome David to the Hempel team and look forward to working together as we embark on our strategic journey to double our business,” says Martin Wiese, head of protective & industrial business at Hempel. “We will enter new markets such as coatings for wind blades and services, build strategic partnerships to ensure more efficiency through the entire value chain and help our customers reach their business and sustainability targets so we continue to be their trusted partner.”
According to Hempel, the appointment of Heal is in line with the company’s new Double Impact strategy to double its company by 2025. Heal is expected to add new perspective in implementing this strategy in which the company will become the leading coating solutions provider, while expanding in scope to support customers transitioning to more sustainable solutions.
“I am excited to join Hempel and to become part of the ambitious growth strategy,” says Heal. “The energy transition is changing the market and more customers are accelerating their sustainability focus – we will adapt too in order to meet demand and create the demand of tomorrow. I am looking forward to bringing an inclusive and people focused approach to ensure we continue to win in our core segments and to support the drive of excellence in everything we do.”
First announced this past December, Hempel’s Double Impact strategy aims to double the company’s revenue while also doubling its positive impact in terms of sustainability, innovation, and digitalization. As part of this strategy, the company will emphasize building market leadership positions in the following four segments: decorative, marine, infrastructure and energy. By 2025, Hempel expects more than 50 percent of its revenue to come from sub segments and geographies where it has a leading position, compared to less than 10 percent currently.
Source: Hempel, www.hempel.com.