New York — Arsenal Capital Partners has appointed Joseph Salley, former chief executive officer of Milliken as an operating partner within the firm's specialty industrial group.
Arsenal has extensive US flexible foam operations through its Elite Comfort Solutions business.
Salley was most recently president and ceo of Milliken since 2008. While at Milliken, Arsenal says he overhauled the company's business portfolio, investing in growth businesses while exiting several others.
Terry Mullen, Arsenal co-founder said: "Joe's addition augments our industrials domain and technical expertise and positions us to continue our long-term leadership in the industry."
John Televantos, Arsenal partner said "we are extremely pleased to have Joe Salley join our team. Joe is an exceptional ceo who brings a full spectrum of leadership and managerial capabilities and experience to his operating partner role here."
Arsenal Capital Partners, recently appointed Chris Chrisafides to head its Elite Comfort Solutions polyurethane foam business.