Avantor Performance Materials, a global manufacturer and supplier of high-performance chemistries, announces the appointment of Richard Gaynor as chief financial officer.
Gaynor brings 30 years of global finance experience to his new role at Avantor. Most recently, he served as CFO for GT Advanced Technologies, a global provider of polysilicon production technology and crystalline growth systems for the solar, LED and other specialty markets. Prior to joining GT, Gaynor served in various senior management positions with global, publicly traded technology and manufacturing companies, including Sonus Networks, Inc., Sycamore Networks, Inc., Manufacturers' Services Ltd., Evans and Sutherland Computer Corporation and Cabletron Systems, Inc.
He holds a Bachelor of Science degree in Chemistry and Biology from the National University of Ireland and an MBA from Trinity College, Dublin, Ireland.
"I am delighted to welcome Richard as a key member of our executive team," said Richard White, chief operating officer and interim CEO at Avantor. "Richard has a proven record of driving business growth and improving efficiency at multiple global enterprises."
"We are fortunate to have Richard join the company," says Raj Gupta, chairman of Avantor. "His industry knowledge and vast global finance experience will be essential in helping Avantor meet its aggressive growth objectives."
"With respected brands and attractive markets, Avantor is well positioned to continue its current trajectory of growth," said Matt Holt, managing director of New Mountain Capital, which owns Avantor. "Richard's experience and impressive financial management skills will prove invaluable as we further establish Avantor's position as a global leader in performance materials and chemistries."
In his role as CFO, Gaynor will serve as Avantor's global Finance leader. He will oversee global accounting, financial reporting, tax, financial compliance and information technology functions. He will be based at Avantor's corporate headquarters in Center Valley, PA.