PLZ Corp. appoints Gary Hendrickson Interim CEO

Written on: September 6, 2022 by SprayTM

PLZ Corp (“PLZ”), an independent specialty aerosol and liquid product manufacturer based in Downers Grove, IL, announced the appointment of Gary Hendrickson as interim Chief Executive Officer (CEO). Hendrickson’s appointment follows the departure of CEO Aaron Erter, who will assume a public company CEO role. PLZ’s Board of Directors has commenced a formal search for a permanent CEO.

Hendrickson has served as Senior Advisor to PLZ since 2021. He was most recently the Chairman and Chief Executive Officer of Valspar Corporation. Previously, Hendrickson held several senior-level positions at Valspar, including President & Chief Operating Officer, Asia-Pacific President and Senior VP, leading the company’s consumer paint division. Hendrickson received a B.A. degree from The University of Connecticut and an MBA from Harvard Business School.

As a Senior Advisor, Hendrickson has been actively involved in advancing the Company’s strategic growth and development efforts. As interim CEO, he will partner with the Board and management to continue PLZ’s efforts to strengthen its value proposition for customers, enhance its enterprise technology capabilities, and review acquisition opportunities to expand the Company’s capabilities.

“Gary has been an instrumental advisor to PLZ,” said John Ferring, Chairman of PLZ. “His extensive track record of driving growth and value creation combined with his efforts to date at PLZ make him an ideal fit for this interim role. I am thrilled to work even closer with him in this capacity.” Mr. Ferring has served as PLZ’s Chairman since 2011. Prior to 2011, he served as PLZ’s CEO for more than 25 years.

“PLZ is an innovative company with a leading market position, and I’m excited to step into the role of interim CEO,” said Hendrickson. “I wish Aaron the best in his next chapter and am proud of all that we have accomplished at PLZ together. I look forward to continuing to partner with John, the Board, and the excellent team at PLZ to capitalize on our outstanding value proposition as we pursue new channels for growth.”