Henkel Appoints Mike Olosky as Regional President in North America
ROCKY HILL, Conn.--(BUSINESS WIRE)--May 22, 2019--
Henkel, the company behind well-known brands such as Loctite ®, Dial ®, Right Guard ®, Schwarzkopf ®, and Persil ® has appointed Mike Olosky as its regional President in North America and Regional Head of Adhesive Technologies for North America and Latin America. Additionally, he will continue to serve in a global leadership role in the company’s Adhesive Technologies business. Olosky will be based out of Henkel’s Adhesives office in Irvine, California. Olosky succeeds Jerry Perkins as President of North America, who retired this year.
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Mike Olosky, Regional President in North America and Regional Head of Adhesive Technologies for North America and Latin America (Photo: Business Wire)
Olosky joined Henkel in 1995, holding positions in account management and marketing before transferring to Shanghai in 2008 and Düsseldorf in 2013 where he held numerous leadership positions including President of Henkel Asia-Pacific and Head of Innovation and New Business Development. Olosky graduated from Michigan Technological University with a Bachelor’s in Mechanical Engineering in 1991. He also holds an MBA from Michigan State University’s Eli Broad College of Business.
Bringing a robust and diverse leadership background in sales, business management and marketing across various geographies and strategic initiatives, Olosky is well-poised to continue driving Henkel’s success in North America.
“Accounting for over a quarter of Henkel’s overall revenues, Henkel North America has grown and changed substantially over recent years and is integral to the sustained growth of the company,” said Olosky. “I look forward to building on our momentum - delivering profitable growth by investing in product technologies and innovation, and furthering our commitment to digitalization, sustainability, and making Henkel a great place to work.”
About Henkel in North America
In North America, Henkel operates across its three business units: Adhesive Technologies, Beauty Care, and Laundry & Home Care. Its portfolio of well-known consumer and industrial brands includes Schwarzkopf ® hair care, Dial ® soaps, Right Guard ® antiperspirants, Persil ®, Purex ® and all® laundry detergents, Snuggle ® fabric softeners, as well as Loctite ®, Technomelt ® and Bonderite ® adhesives. With sales of around 6 billion US dollars (5 billion euros) in 2018, North America accounts for 25 percent of the company’s global sales. Henkel employs approximately 9,000 people across the U.S., Canada and Puerto Rico. For more information, please visit www.henkel-northamerica.com.
Henkel operates globally with a well-balanced and diversified portfolio. The company holds leading positions with its three business units in both industrial and consumer businesses thanks to strong brands, innovations and technologies. Henkel Adhesive Technologies is the global leader in the adhesives market – across all industry segments worldwide. In its Laundry & Home Care and Beauty Care businesses, Henkel holds leading positions in many markets and categories around the world. Founded in 1876, Henkel looks back on more than 140 years of success. In 2018, Henkel reported sales of around 20 billion euros and adjusted operating profit of around 3.5 billion euros. Henkel employs around 53,000 people globally – a passionate and highly diverse team, united by a strong company culture, a common purpose to create sustainable value, and shared values. As a recognized leader in sustainability, Henkel holds top positions in many international indices and rankings. Henkel’s preferred shares are listed in the German stock index DAX. For more information, please visit www.henkel.com.
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KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT
INDUSTRY KEYWORD: OFFICE PRODUCTS RETAIL COSMETICS SPECIALTY
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