Tredegar Corporation announced the retirement of John M. Steitz as President and CEO and the election of Arijit (Bapi) DasGupta as the new President and CEO.
Frasier W. Brickhouse II was elected as the Vice President and Chief Financial Officer to succeed D. Andrew Edwards.
The changes are effective starting January 1, 2026, marking a significant shift in Tredegar's leadership team.
Retirement of CEO
John M. Steitz, who has been President and CEO since 2019, will retire effective December 31, 2025.
New President and CEO
Arijit (Bapi) DasGupta, who led the PE Films business unit, will assume the role of President and CEO from January 1, 2026.
New CFO Appointment
Frasier W. Brickhouse II, with over two decades of experience at Tredegar, will become the new Vice President and Chief Financial Officer.
- The retirement of John M. Steitz marks the end of an era at Tredegar, signaling a transition towards new leadership under Arijit DasGupta.
- The appointment of Frasier W. Brickhouse II as CFO ensures continuity and stability in financial management for Tredegar.
- Investors will be closely watching the performance and strategic decisions of the new leadership team to assess the company's future trajectory.
Tredegar Corporation's recent executive changes reflect a strategic move to bring fresh perspectives and expertise into its leadership roles. The company aims to navigate challenges and capitalize on emerging opportunities with the new appointments.