MINNEAPOLIS—Diversified Plastics, Inc., a custom plastic-injection molder of high-precision thermoplastic components, has announced the appointment of Kevin G. Hogan as chief executive officer (CEO). Hogan succeeds James Dow, founder and previous CEO of Diversified Plastics. Retiring in October 2017, Dow will continue to serve as chairman of the board. The company was sold to the employees in 2011 through an employee stock ownership plan (ESOP).
During Hogan’s three and a half decades of experience, he developed an outstanding track record of driving revenue growth, returning businesses to profitability, establishing strategic partnerships, and integrating acquired companies. Prior to Diversified Plastics, Hogan held the position of growth catalyst with Vuelta Management, an interim management and consulting services company in Saint Paul, Minn. He also served as president at Stylmark, a leading manufacturer of architectural products and an ESOP company, in Fridley, Minn. Additionally, he has held executive positions in a variety of public and private companies. Hogan received his undergraduate degree from Hamline University, Saint Paul, Minn., and his Master of Business Administration (MBA) degree from the University of Minnesota’s Carlson School of Management, Minneapolis.
“We are pleased that Kevin has stepped into this role,” says Annette Lund, vice president of Diversified Plastics, Inc. “Having worked at an ESOP previously, Kevin is an excellent fit with our corporate culture of collaboration, trust and integrity. His experience with manufacturing and strategic planning will be instrumental in our company’s growth initiative.”