Polyconcept Announces New CEO Gene Colleran

Polyconcept, a global supplier of corporate and promotional merchandise, announced today that Michael Bernstein has stepped down as CEO, with Gene Colleran selected to fill the position. As CEO, Colleran will assume full group responsibilities for Polyconcept including its three primary operating divisions: Polyconcept North America (PCNA), PF Concept, and Polyconcept International Markets (PCIM). Bernstein will continue to be actively involved as a member of the Polyconcept Board of Directors.

Bernsten first started at Leed's in 1992, where he was integral in the growth of the company. He joined Polyconcept in 2005 through its acquisition of Leed's, and became the group's vice chairman and CEO of the new PCNA division. He was appointed as CEO in 2012.

As of today, Colleran will take charge of the Polyconcept group out of its corporate headquarters in Pittsburgh. Colleran brings leadership experience to his new position, having served as CEO of Griffon Home and Building Products, a $900 million autonomous global division within publicly held Griffon Corporation. Before Griffon, he held numerous leadership positions at Newell Rubbermaid, where he moved upward within several divisions.

"We're fortunate to be able to make this transition on our own terms from a position of strength," said Bernstein. "We are growing and healthy with an exciting future ahead. After 10 years at Polyconcept, I am personally ready to step aside and to welcome Gene as our next group leader to continue our positive momentum. Gene has a proven track record of success and he brings a diverse set of experience to our organization. I'm confident that his vision, leadership and expertise will contribute to our continued success."

"I am honored to have the opportunity to lead Polyconcept," Colleran said. "Polyconcept is a recognized market leader with unmatched global capabilities. Its success in building long-term customer relationships, its strong management team and its history of growth are extremely impressive. I look forward to working with the entire Polyconcept organization in what promises to be a very exciting future."

For more information, visit www.polyconcept.com.