Industrial Labels Holdings Corp. Names Brad Zechman President and CEO
Ingleside, IL, April 17 2023
For more information, contact: Chris Pummill, Managing Director, 414-727-6428
Industrial Labels Holdings Corp. (“ILH”), a Mason Wells Buyout Fund V, LP portfolio company, announced that Brad Zechman will serve as the Company’s new President and CEO. The hiring of Mr. Zechman represents the successful culmination of the succession plan implemented by the Company’s former CEO, Scott Lucas. Mr. Lucas will be retiring and will continue as a key member of ILH’s Board of Directors.
Mason Wells acquired IDENTCO in September 2021 from Mr. Lucas and merged it with Reliance Labeling Solutions to create ILH. Under Mr. Lucas’ leadership during the last 37 years, IDENTCO became a leader in manufacturing durable labels for industrial applications. “One of the most important decisions a founder will ever make is choosing their successor,” said Mr. Lucas. “It is with excitement that I announce that Brad Zechman will become our new CEO.” Mr. Zechman’s appointment as President and CEO was unanimously approved by the Board of Directors following a national search.
Mr. Zechman brings 30 years of delivering top and bottom-line results across multiple sectors and geographies. Most recently, Brad served as President of Adhesives Research, where he and his team grew the business by more than 40%. Prior to Adhesives Research, Brad served in a variety of leadership roles at HB Fuller, LORD Corp., Ford Motor Company, and National Starch. Brad holds a bachelor’s degree in chemical engineering from Rutgers University and an MBA in finance from The Wharton School.
Industrial Labels Holdings Corp. (“ILH”) designs and manufactures durable and harsh environment labels for industrial applications such as chemicals, power equipment, and transportation. ILH operates three manufacturing facilities in Ingleside, Illinois (HQ); Paola, Kansas; and Monterrey, Mexico, as well as regional sales offices in Germany and Mexico. The company has approximately 220 global employees. For more information, please visit subsidiary websites www.identco.com and www.reliancelabel.com.
Mason Wells is a Milwaukee-based private equity firm that has raised $2.4 billion in aggregate across five independent buyout funds. The firm is currently investing out of Mason Wells Buyout Fund V, a $767 million fund. Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors: Consumer Packaged Goods, Outsourced Business Services, Engineered Products & Services, and Packaging Materials & Converting. For more information related to Mason Wells, please visit the firm’s website at www.masonwells.com.