Netherlands-based Polyconcept, parent company of PF Concept, announced this morning that it has named Michael Bernstein as its new chairman and chief executive officer. The appointment is effective today, as Bernstein replaces Philippe Varnier, who has been with the company since 1978.
“I’m extremely pleased to hand over my position to Michael who, besides being the most experienced and seasoned CEO we could dream of for the role, has become a personal friend of mine,” Varnier said, in a statement. “Polyconcept and Michael can count on my full support not only during the upcoming transition period, but also for the mid term as I will continue to serve on the group’s board of directors and be available as an advisor while remaining a significant shareholder.”
Bernstein joined USA supplier firm Leed’s in 1992 and came to Polyconcept in 2005, after the company purchased Leed’s. Bernstein, who plans to remain in the Netherlands before returning to Pittsburgh, PA, said that he’ll continue to focus the organisation on growth. “Polyconcept, under Philippe’s leadership, is a recognized leader and innovator in the industry. I will seek to continue to grow and evolve the company in the years ahead. I’m extremely proud to be trusted with the stewardship of a company with such legacy and thank Philippe for his ongoing support.”
Polyconcept focuses almost exclusively on a single business, promotional products, which accounts for 89% of group sales. Polyconcept has 34 offices selling to over 100 countries on 4 continents.
Polyconcept incorporates 5 main service brands (PF Concept, Leed’s, Bullet and Trimark Sportswear) in the Supplier Division, and ADM in the Agency Division), each serving the industry with a distinct set of products and services, but leveraging a shared vision and values, as well as common resources and business dynamics.