NEW YORK--(BUSINESS WIRE)--Patriarch Partners, LLC, (Patriarch) a private equity firm and holding company managing 74 companies with annual revenues of more than $8 billion, has announced the appointment of Marc Navarre as President and CEO of portfolio companies Croscill, Glenoit and Excell. The announcement, made by Lynn Tilton, Patriarch’s founder and CEO, follows an exhaustive search of the best executive leadership personnel in the durable consumer products and house wares industry.
“Marc’s track record for growth and innovation while the leader of other well-known brands in the house wares industry made him an attractive candidate to drive the future of Croscill, Glenoit and Excell,” said Tilton. “His experience and established relationships as a proven global business developer will help foster accelerated expansion and increased market-share of these great brands.”
Most recently, Mr. Navarre was the President and CEO of Groupe SEB, North America, where he oversaw the management of notable house wares brands such as All-Clad, T-Fal, WearEver, Rowenta, Moulinex and Krups among others. Previously, Mr. Navarre served as the President and CEO of All-Clad Metal Crafters, and held various other senior marketing and sales positions within the house wares industry.
About Croscill/Glenoit/Excell:
Croscill is a leading provider of quality linens, bedding, window
treatments and home furnishing products for design conscious consumers.
Along with partner companies Glenoit and Excell, Croscill’s product
lines also feature bath accessories, towels, shower curtains and other
home decor accessories such as table lamps, accent furniture and area
rugs. The company sells its products through better department stores
and specialty retailers in the United States and Canada, including Bed
Bath & Beyond, JC Penney, Dillard's, Kohl's and among others. It also
sells its products through a limited number of Croscill outlet stores
and web retailers.
http://www.Croscill-Living.com
About Patriarch Partners, LLC:
Patriarch Partners, LLC, is a private equity firm and holding company managing 74 companies with annual revenues of more than $8 billion. Founded by Wall Street veteran Lynn Tilton in 2000, Patriarch is dedicated to saving American manufacturing jobs by saving American companies that have fallen from economic favor. Since its inception, Patriarch has bought more than 150 companies, and in so doing has saved over 250,000 jobs. Patriarch’s portfolio includes a broad range of industrial concerns including Dura Automotive, American LaFrance, Denali, and MD Helicopters, in addition to iconic American brands such as Rand McNally, Spiegel Catalogs and Stila Cosmetics. Under Ms. Tilton's leadership, Patriarch has become the largest woman-owned business in America employing more than 120,000 employees. For more information, please visit: www.patriarchpartners.com.