Mohawk Restructures for Growth
Mohawk, Cohoes, N.Y., has announced an organizational restructuring, creating two new distinct business units: Mohawk Fine Paper and Mohawk Digital. This move will support the growth in Mohawk's emerging digital business while securing the future of its core fine paper business.
The 82-year old manufacturer's core business of fine text and cover papers and envelopes will be managed within the Mohawk Fine Paper division, while the company's growing portfolio of digital substrates - including a wide range of papers and non papers for printing across dry toner, liquid toner and ink jet devices, will be managed within the new Mohawk Digital division.
"Mohawk's traditional fine paper business is mature, while our digital business has experienced, and is positioned for, rapid growth," said Thomas D. O'Connor, Jr., chairman and chief executive officer, Mohawk. "Given the differing maturity levels of these two segments, it was necessary to develop individual growth strategies to ensure future success."
Kevin Richard has been named president of Mohawk Fine Paper Division. Formerly executive vice president of operations and chief operating officer at Mohawk, Richard will oversee sales, marketing and operations for North America and all global markets.
"Mohawk has proudly manufactured the finest text and cover papers since 1931, including iconic brands like Superfine and Strathmore, and we believe now more than ever, fine paper is being appreciated as consumers rediscover the beauty and impact of paper and print in a digital era," Richard said. "Mohawk's core business will continue to grow and thrive as we allocate more time and resources to innovation and operational excellence."
Richard joined Mohawk in 1995, was promoted to executive vice president of operations and chief operating officer in 2005, and was appointed to the Mohawk board of directors in 2007. Prior to joining Mohawk, he had 13 years of experience in the paper industry. Richard has a Bachelor of Science degree in electrical engineering from Northeastern University, and has completed executive education programs at Columbia Business School, Duke's Fuqua School and Harvard Business School.