Portugal-based MTEX NS, makers of wide-format dye sublimation printers geared toward multiple markets, including signs and graphics, announces the appointment of Michael Ring as its new CEO. ElÃ³i Ferreira, founder and now former CEO, will assume the role of executive president.
At the same time, the company has adopted a new corporate identity, MTEX NS, as in “new solution.” Previously it had been known as MTEX Solutions.
The company says that in recent years it has gone through a period of significant investments, positioning itself for what it says will be “a period of significant global expansion and business growth-one of the main reasons for the new CEO’s integration.”
Ring has some 30 years experience in the printing industry.
“Helping to define the next chapter of success for this nimble, entrepreneurial technology-based company is extremely exciting for me and I am sure will be the highlight to my professional career,” Ring says.
The company first entered North America in 2015, opening a facility in New York State.
“Michael’s unique experience, combined with his in-depth knowledge of the digital label printing industry as well as management, makes him the ideal leader to embrace MTEX NS growth ambitions in the global marketplace,” says Ferreira, who founded the company in 2011. “He has a sense of purpose and passion for high performance and therefore I have no doubt that he will be a very valuable addition to our team.”
Ferreira goes on to add: “Over the last decade MTEX NS has developed a strong reputation for quality and innovation and, particularly in the last year, successfully diversified and expanded its service offerings while continuing to expand its global presence to more than 40 countries on five continents.”
Along with adopting the new name the company also has a new logo and updated website.
“The evolution of the company’s name was the most appropriate strategic decision for us,” says André Jacques, VP of sales and marketing. “While we wanted to accurately reflect our work on the new nomenclature, we also wanted to offer opportunities to market the organization in search of new opportunities for future growth and expansion.”