Lipo announces management promotions

Lipo Chemicals, Inc. is pleased to announce the promotions of Lukas Swid to Managing Director, Asia Pacific and of Steven Richards to Director of Sales, North America, effective 1st July 2011.

Lukas Swid will have full P&L responsibility for the Asia Pacific region including the India subcontinent. Diana Tang, General Manager China – Asia Pacific will report to Lukas. During the past several years, Diana has successfully developed the Asia Pacific Market from start-up to a thriving enterprise.

Steven Richards will be responsible for all sales activities in the United States and Canada. Steve's mission is to drive further growth in the North American market.

Chris Humberstone, Executive Vice President, commented: "We believe that Lipo Chemicals and Vantage Specialty Chemicals have great growth potential in the global personal care market. These changes will reinforce Lipo's growth goals not only in North America, the largest market, but also in the fast growing Asia Pacific Region."

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