M. Holland appoints Michael Foldvary to support further growth of its distribution business.
Northbrook, IL, October 7, 2019: M. Holland Company, a leading distributor of thermoplastic resins, announced today its appointment of Michael Foldvary as director, distribution sourcing. In this role, Michael will be responsible for implementing sourcing strategies consistent with supplier objectives and developing methods to complement M. Holland’s distribution, specialty segment and international business units. His primary focus will be to further M. Holland’s domestic and international sourcing relationships and manage the Distribution product portfolio, which has seen strong and sustained growth over the past 10 years into specialty markets, product lines and global geographies.
Prior to joining M. Holland, Michael served in various sales and marketing management roles at BASF for 18 years. Most recently, he served as BASF’s distribution business manager, where he provided sourcing direction and guidance on engineering plastics and thermoplastic polyurethane (TPU) distribution.
As one of the largest chemical producers in the world, BASF is a valued supply partner to M. Holland. Michael has been M. Holland’s primary contact at BASF for the past eight years. During this time, he played an active role in the company’s strategic planning sessions with suppliers, which resulted in the creation of M. Holland’s Business Development Group of market development teams. “I have enjoyed working with M. Holland as an external business partner and am very excited to now be part of the team,” said Foldvary. “I have watched as M. Holland has grown over the years and look forward to contributing to its continued evolution into a leading global plastics distributor.”
“Michael is uniquely qualified for this role, not only because of his understanding of M. Holland’s strategy, but also because of his experience in successfully achieving volume, revenue and profitability objectives,” said Marc Fern, executive vice president, commercial. “I am confident Michael will be integral in leading the distribution group into the next phase of growth.”
Michael holds a Bachelor of Arts degree in business management/HR management from Lourdes University in Sylvania, Ohio.
M. Holland is a leading international distributor of thermoplastic resins, providing suppliers with the most strategic channels to market, offering innovative sourcing and supply chain solutions to our clients, and helping people lead rewarding careers. Since 1950, a deep commitment to personal relationships has formed the core of the company’s heritage, its culture, and its vision. Headquartered in Northbrook, Illinois, M. Holland has over $1 billion in annual sales and sells to more than 4,000 customers annually. To learn more, visit www.mholland.com. Follow M. Holland on Twitter, LinkedIn, and Facebook.