Latex names Lorelli CEO
July 19, 2004-- Home Textiles Today,
Latex Foam International has named Michael Lorelli to the posts of president and CEO.
His 20 years of experience includes turns as president of a $1.5 billion PepsiCo operating company, president of PepsiCo's $1.7 billion Pizza Hut International division, and executive vice president of Pepsi North America. He spent the last 10 years leading private equity-based companies experiencing rapid growth or requiring a turnaround.
"His long-standing experience in sales and marketing is a perfect fit for instilling in Latex Foam a more customer-driven culture," said John Pouschine, managing director of Pouschine Cook Capital Management, a New York-based private equity firm and majority shareholder of Latex Foam.
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