Mativ Holdings, Inc. announced the appointment of Shruti Singhal as its new President and Chief Executive Officer, effective March 11, 2025. Mr. Singhal, a current member of Mativ’s Board of Directors, succeeds Julie Schertell, who stepped down from her roles.
Mr. Singhal brings extensive experience in leading business transformations, operational and commercial execution, profitability initiatives, and driving innovation, having previously served as CEO of Galata Chemicals and Chroma Color. His appointment reflects the Board's recognition of the need to accelerate the pace of execution, lower costs, improve cash flow, and reduce leverage.
Under his leadership, Mativ will focus on driving enhanced commercial execution, sharpening efforts to delever the balance sheet, and conducting a strategic review of the portfolio. The company has also launched a comprehensive review of its cost structure to identify further savings actions to enhance profitability.
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