Standard Fiber, one of the world’s largest innovators and suppliers to the home textiles market, has promoted Chad Altbaier and David Wang as co-CEOs charged with leading the company in a bold new direction of advanced textile innovation, consumer-responsive product design and unparalleled global production capabilities.

Altbaier, previously the company’s CCO, will direct sales, merchandising, product development/innovation, human resources, IT, and strategic business expansion. Wang, previously Standard Fiber President and COO, will focus on directing global supply chain, manufacturing and operations.

“Chad and David bring a record of excellence, trust, vision and accomplishment to our community,” said Glenn Boschetto, Standard Fiber Chairman. “With 25 years of proven performance from an elite team of experts, coupled with its debt-free financial structure, Standard Fiber is well positioned for enviable growth under their leadership.”

“We’re thrilled and humbled to have this opportunity to design and execute an aggressive path for Standard Fiber’s future,” stated Altbaier and Wang. “Our plans include implementing an assertive strategy that includes expanded nearshore manufacturing capabilities, broadened global supply chain partnerships, strategic product and distribution expansion, dedicated R&D to pioneering textile technologies, all while maintaining a firm commitment to investing in a best-in-class team across our worldwide operations.”