MENTOR, Ohio--(BUSINESS WIRE)--Greenbridge is pleased to announce and welcome Marcelo Passos as Chief Executive Officer. Headquartered in Mentor, Ohio, Greenbridge is a leading integrated load securement solutions provider, with an emphasis on sustainable plastic strapping and related innovative tools and equipment.
Marcelo Passos, a packaging industry veteran with experience leading multiple blue-chip companies, was most recently president of Graham Packaging’s food and nutrition business unit. He has held senior leadership positions with Jindal Films, Berry Plastics, Plastipak, and AmBev.
Omar Abuaita who has served as CEO of both Greenbridge and its sister company Evergreen Recycling since the 2021 division of Greenbridge and Evergreen into standalone companies will devote himself fulltime as CEO of Evergreen. Over the last year, Evergreen has grown from a single plant in the Midwest to four strategic PET plastic recycling locations across North America. The company collects and processes more than 10 billion PET bottles a year to produce over 200 million pounds of high quality, food-grade rPET resin used by the world’s top consumer products brands in their packaging.
“Marcelo brings tremendous value to the Greenbridge organization,” said Gary Rosenthal, Partner at The Sterling Group. “We welcome his extensive packaging experience and leadership which will help propel Greenbridge in its next phase of growth, building on the success Omar and the Greenbridge team has had over the past three years. Additionally, we are pleased to have Omar’s continued strong leadership as CEO of Evergreen.”
“I’m proud of the growth we’ve experienced at Greenbridge, and I look forward to continuing to lead the rapid growth at Evergreen” Abuaita said. In a formal statement to Greenbridge and Evergreen team members, Abuaita expressed his respect and pride for his team and the amazing initiatives they have accomplished together over the last three years.
In a statement from Passos, he shares his excitement “to join Greenbridge and contribute to furthering the successful trajectory created by Omar, the Greenbridge and the Sterling teams.”
About Greenbridge
Founded in 1974 as Polychem, Greenbridge is leading provider of integrated load securement solutions, helping companies across a broad swath of industries secure and protect products across complex supply chains. Over the last three years, Greenbridge has completed a succession of acquisitions in the United States, Canada, Mexico, and Europe, growing from a single manufacturing location, distribution center, warehouse, and custom equipment shop to seven facilities. Greenbridge’s product portfolio features high-performance strap and cord; industry-leading power tools, equipment and systems; and equipment maintenance and training; plus, vendor managed inventory equipment leasing and sustainability solutions. Visit our website. Greenbridge.com
About Evergreen
Established in 1998 with a single location in Clyde, Ohio, Evergreen is a recycling company and one of North America’s largest producers of food grade recycled polyethylene terephthalate (rPET), a recycled resin used as a green alternative to virgin resin in beverage bottles, food containers, health and beauty packaging, home products, and others. In 2021, Evergreen acquired additional locations in Albany, New York; Amherst, Nova Scotia; and Riverside, California. Evergreen is the preferred supplier of rPET to top global brands, helping customers increase recycled content in their packaging, keep plastic out of landfills and oceans, and meet sustainability goals. Visit our website. EvergreenTogether.com
