By: ICN Bureau
Last updated : March 24, 2022 8:09 am
Flexsys is the former tire additives business of Eastman Chemical Company and was acquired in November 2021
Tire industry specialty chemical leaders Flexsys has named Sandip Tyagi as Chief Executive Officer.
Flexsys is the former tire additives business of Eastman Chemical Company and was acquired in November 2021 by an affiliate of One Rock Capital Partners, LLC ("One Rock"), an operationally focused private equity firm.
Sandip will join Flexsys on April 4 and will lead the newly independent organization to drive continued execution of its growth-oriented strategy. He has almost three decades of relevant experience supplying multiple industries including automotive, electronics, healthcare, aviation/aerospace and infrastructure.
Most recently, Sandip served as President & General Manager of the Formulated Specialties division of Momentive, where he ran a global business and oversaw its Korea operations, with over $1 billion in combined revenues. Prior to Momentive, he held various roles with GE Silicones.
"We're pleased to announce Sandip as Flexsys' new CEO and look forward to the company's next chapter under his leadership," said Michael Modak, an Operating Partner at One Rock and a member of the Flexsys Board of Directors.
"Sandip's deep knowledge and expertise, as well as his alignment with the company's culture and objectives, will be invaluable as Flexsys works towards numerous, exciting growth opportunities to further strengthen its position as the leading global supplier of critical additives to the tire industry."