Custom injection molder Hoffer Plastics Corporation, South Elgin, Illinois, announced that CEO William Hoffer will take on a new role as chairman of the board effective Jan. 1, 2020. This change comes on the heels of promotions for the third generation of Hoffer family leadership: Gretchen Hoffer Farb, Charlotte Hoffer-Canning, and Alex Hoffer, collectively known as “G3” – or “third generation.”
William is the second CEO of the company’s 66-year history. His father, Robert Hoffer, founded the company in 1953 and served as CEO for more than four decades. The company will continue to be run by the Hoffer family, as it has been since its founding.
Gretchen Hoffer Farb will be named chief financial officer with responsibility for overseeing the company’s financial accounting, management and reporting functions. She’ll also have responsibility for supply chain and procurement, information technology and environmental sustainability. Hoffer Farb will continue to oversee the Hoffer Foundation, the company’s main philanthropic entity that provides funding and support for local and national community service, cultural and educational organizations.
Charlotte Hoffer-Canning will be named chief culture officer. In her new role, Hoffer-Canning will oversee human resources, facilities management and marketing, the latter encompassing all key internal and external communications. She also will take on responsibility for community outreach, where she’ll play a key role in building and fostering strong partnerships with local resources and organizations in the South Elgin community.
Alex Hoffer will be named chief revenue officer. His expanded role includes sales management, innovation and product development, and customer service. He also will have responsibility for all key technical functions including manufacturing, automation, tooling and maintenance.
William Hoffer said: “I couldn’t be prouder of what our entire Hoffer employee family has achieved together over the last 66 years and look forward to a very promising future for the company. As I step into a more strategic role in overseeing the company, I will continue to coach and support our next generation of leaders – my three children – in their expanded roles. My father guided the company’s expansion throughout the US and globally while establishing a strong legacy in environmental sustainability, community service and philanthropy. Now, it’s Gretchen, Charlotte and Alex’s turn to continue the legacy.”
For more information, visit www.hofferplastics.com.