TemperPack Hires Renewable Energy Leader Peter Wells as Chief Executive Officer

2023-07-27 18:50

RICHMOND, Va.--(BUSINESS WIRE)--Jul 27, 2023--

TemperPack, the leading producer of sustainable materials for cold chain shipping, has appointed Peter Wells as its new Chief Executive Officer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230725562960/en/

TemperPack Chief Executive Officer, Peter Wells (Photo: Business Wire)

Most recently, Peter served as CEO of Smart Wires, Inc, a leader in grid digitization and the acceleration of the adoption of renewable energy sources. Previously, Peter was CEO of General Electric’s Onshore Wind Energy division in Europe. Earlier in his career, Peter held leadership roles in nuclear and wind energy at GE, Vestas, and a range of start-ups and large corporations in the US and Europe.

Peter arrives at TemperPack during a time of expansion, with its acquisition of KTM Industries in late 2022 and the launch of its new WaveKraft platform earlier this year. The company has a workforce of over 700 employees in five facilities across the US. Its products are the leading alternatives to expanded polystyrene foam for perishable shipments, and its client roster includes leading food, pharmacy, and biotech companies.

“Peter is the ideal person to lead TemperPack during this exciting time. We conducted a wide-ranging, extensive search, and after careful consideration, Peter rose to the top. He’s been successful leading startup, venture-backed companies and large public enterprises. He has great vision as well as the ability to roll up his sleeves in the day-to-day business,” said Jeff Possick, TemperPack Board Member and Managing Director, Goldman Sachs Asset Management.

“Peter’s leadership, strategic acumen, and commitment to innovation match the culture and opportunity at TemperPack. He’s driven by a strong sense of purpose and has spent over 15 years leading companies in the sustainability space. He has a proven ability to bring people together to take on big, important challenges,” said Katrin Burt, TemperPack Board Member and Managing Partner at Grosvenor Food & AgTech.

“TemperPack’s a great company with a mission that matters. Its founders and leaders have built an organization committed to making a positive impact by meeting the needs of the market, with high performance, sustainable solutions. I’m thrilled for the opportunity to lead the company into its next chapter of growth,” said Peter.

About TemperPack

TemperPack’s mission is simple: protect products with materials that protect the planet. TemperPack was founded in 2015 to allow enterprises to ship perishable products without expanded polystyrene foam insulation (EPS, Styrofoam®) and other unnecessary plastic waste. Today, TemperPack is the largest producer of sustainable materials that protect temperature-sensitive shipments of food and life science products. Headquartered in Richmond, VA, the company develops and scales solutions that disrupt unsustainable packaging technologies and reduce the environmental impact of e-commerce. TemperPack’s products protect millions of shipments every month.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230725562960/en/

CONTACT: Jed Dutton

VP, Marketing & Sustainability

jed.dutton@temperpack.com

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: PACKAGING ENVIRONMENT TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT MANUFACTURING SUSTAINABILITY

SOURCE: TemperPack

PUB: 07/27/2023 06:48 AM/DISC: 07/27/2023 06:44 AM

http://www.businesswire.com/news/home/20230725562960/en