Spencer, Mass. – April 23, 2024 - FLEXcon Holdings Trust (“FHT”), a leading portfolio of companies centered around roll-to-roll manufacturing of films and the parent company for Flexcon Company, Inc., Arlon Graphics, LLC, and Blueshift Materials, Inc., today announced that Nick Tucci is transitioning from the FHT Advisory Board into the position of Senior Vice President and Chief Financial Officer.
Tucci brings with him significant industry experience, having spent twenty-five years with Avery Dennison, where he last served as Vice President and General Manager of their North American Label and Packaging Materials business. In addition to his industry experience, Tucci has previous CFO experience, recently working for a private equity backed group of packaging companies. These experiences along with his interactions with the leadership of FHT, Flexcon, Arlon, and Blueshift through his work on the Advisory Board of FHT prepared him well for success in his new role.
In this role, Tucci will utilize his experience and expertise to lead the global finance function to support the FHT owned portfolio of companies and the long-term growth objectives of the businesses. Tucci will also work closely with the leadership in each business to identify and execute value-creating initiatives, build robust process capabilities, and provide critical support and business insights enabling growth.
Dr. Michael Foley, CEO of FHT, shares, “Nick will play a critical leadership role as part of the leadership team at FHT. He brings extensive specific knowledge of our industry, functional expertise, and an action oriented strategic mind. When he joined the FHT Advisory Board, we realized we found a very special person with practical insight, analytical rigor, and a collaborative approach. We are very comfortable and confident he’ll both fit in and make an immediate contribution as he demonstrated to us in his role on the Board already.
“Over the past year, I have had the opportunity to work and form relationships with the leadership teams from Flexcon, Arlon, Blueshift and FHT as well as meet and work with select members of the founding family. As a Board member, I was excited to learn about the team and the long-term strategic plans of the company,” says Tucci, “The future is bright at FHT and I look forward to playing an integral part in supporting the businesses to enable growth and carrying on the legacy of success forged by the McDonough family.”
Shaun McDonough, Chief of Staff, FHT, shares, “I look forward to working with Nick as he transitions into the SVP/CFO of FHT. As a member of the McDonough family, I am confident that Nick’s collaboration, insights, and leadership will serve FHT and its portfolio of companies well into the future.”
Tucci’s addition to the team and contributions will certainly support FHT’s commitment to make a positive impact in the roll-to-roll industry as well as the communities in which the portfolio of FHT companies reside and operate within.
About FHT (FLEXcon Holdings Trust)
FLEXcon Holdings Trust is a leading global portfolio of companies centered around roll-to-roll manufacturing of films. Founded in 2001 by the McDonough family, FLEXcon Holdings Trust is the parent company for Flexcon, Arlon and Blueshift.
Media Contact
Amanda Monette
amonette@flexcon.com