American Textile Company transitions Ruttenberg to ceo
December 10, 2013,
Duquesne, Pa. - American Textile Company has completed the transition among its top executives.
Lance Ruttenberg, president and coo, assumed the ceo role at the company, which has been family owned and operated for 88 years. He adds long-term strategy and planning to his existing leadership responsibilities. Jack Ouellette, chairman and former ceo, will remain as chairman.
The transition is the result of a succession plan, which also gives Blake Ruttenberg, brother of Lance, key leadership responsibilities as executive vice president of sales, marketing, and product development.
Lance Ruttenber joined American Textile Company in 1991 and has led the firm's expansion of production into El Salvador, as well as its entry into the bed pillow business, where the company quickly achieved a top market position.
American Textile Company has delivered growth of over 15% annually for more than a decade, according to a company release. Its sleep products are sold under the Aller-Ease, RestRight and store brand labels.
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