– USA, MN – H.B. Fuller Company (NYSE: FUL) today announced the appointment of current EVP and COO, Celeste Mastin to succeed Jim Owens as President and CEO, effective December 4, 2022.
Celeste Mastin will also join the Board of Directors, replacing Jim Owens, who will be retiring.
“The Board has full confidence that Celeste is the right leader to continue to advance our strategy and keep moving H.B. Fuller forward. Celeste was hired into the COO role based on her wealth of experience leading complex, global businesses, and her qualifications and abilities to assume the role of CEO. Her appointment culminates a multi-year process to identify the best candidate to succeed Jim. We look forward to welcoming Celeste onto the Board and working with her to continue to execute the Company’s proven strategy and further accelerate shareholder value creation.” said Board Chairman, Lee Mitau.
About Celeste Mastin
Celeste Mastin currently serves as EVP and COO of H.B. Fuller. She has more than 30 years of experience in manufacturing and distribution with a successful track record of guiding companies’ growth through innovation, service improvement, global expansion, and acquisition.
Prior to joining H.B. Fuller, Mastin served as CEO of PetroChoice Lubrication Solutions, one of the largest distributors of petroleum lubrication solutions in the United States. Prior to that, she held CEO roles at Distribution International, Inc. and MMI Products, Inc. (a division of Oldcastle), and she served in senior leadership roles at Ferro Corporation and Bostik Adhesives, now owned by Arkema. Mastin began her career at Shell Chemical Co. She currently serves on the board of directors of Granite Construction, Inc. (NYSE: GVA).
“I would like to thank Jim and the Board for the opportunity to lead this fantastic company and the many exceptional team members who work for H.B. Fuller,” said Celeste Mastin. “H.B. Fuller has a rich history of innovating to create unique products to meet our customers’ most-challenging needs and has become the world’s leading pure-play adhesives company. We have a winning strategy, tremendous talent and leadership, and the entrepreneurial culture that will continue this legacy. I believe strongly in our strategy and vision and I will remain focused on expanding on these strengths to accelerate organic growth and enhance the Company’s margin profile to achieve our strategic goals and reach our full potential.”
Celeste Mastin earned her MBA from the University of Houston and her BS in Chemical Engineering from Washington State University.
About H.B. Fuller Company
Since 1887, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. With a fiscal 2021 net revenue of $3.3 billion, H.B. Fuller’s commitment to innovation and sustainable adhesive solutions brings together people, products and processes that answer and solve some of the world’s biggest challenges. Our reliable, responsive service creates lasting, rewarding connections with customers in electronics, disposable hygiene, medical, transportation, aerospace, clean energy, packaging, construction, woodworking, general industries and other consumer businesses. And, our promise to our people connects them with opportunities to innovate and thrive.
For more information: https://www.hbfuller.com/
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