Business

Carlisle Cos. names Chris Koch new CEO

Charlotte-based manufacturer Carlisle Cos. has named Chris Koch its new chief executive officer and a member of its board. The company said current CEO and chairman David Roberts will become the company’s executive chairman of the board.

Both appointments are effective Jan. 1, Carlisle said in a statement Friday.

Koch joined Carlisle in 2008 and most recently served as its chief operating officer. This year, Koch led the acquisition and integration of Carlisle’s purchase of the liquid-finishing business from Minnesota-based Graco.

“I couldn’t be more pleased that the board has elected to put the future of Carlisle in Chris’ hands, as I know he will continue to implement our strategic plan and improve our operations,” Roberts said.

Roberts, who will remain a board member and an officer of the company, has served as Carlisle’s chairman and CEO for eight years. Under his leadership, the company said, Carlisle has been transformed from a collection of nine business units generating operating margins of below 10 percent to its current portfolio of five units that operate in more specialized end markets and generate margins in the 14 percent range.

Carlisle’s five business segments are construction materials, interconnect technologies, fluid technologies, brake and friction systems and food service products. The diversified manufacturer employs about 80 people at its Ballantyne headquarters.

Katherine Peralta: 704-358-5079, @katieperalta

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