Herculite Products Inc., a supplier of technical fabrics for the mattress and other industries with headquarters in Emigsville, Pennsylvania, has promoted Paul Flaherty and Marco Angelone to new leadership positions.
Flaherty, who was previously chief financial officer, has been named to the newly created position of chief strategy officer. In this new role, he is responsible for the development and implementation of the company’s long-range strategic initiatives. He has been with Herculite for 10 years.
Angelone is now CFO, succeeding Flaherty. He has been with Herculite for two years as controller.
Both positions report to Peter Mc-Kernan, president and chief executive officer.