Aug. 6, 2020 | Pelican Products, Inc. announces the appointment of Phil Gyori as the company’s President and Chief Executive Officer. Mr. Gyori has served as Group President of Pelican since joining in 2016. He succeeds Lyndon Faulkner, who becomes Executive Chairman after serving as Chief Executive Officer since 2006.
Grant G. Behrman, Managing Partner of Behrman Capital, said: “We are delighted that Phil Gyori will serve as the new CEO of Pelican Products. Phil is a distinguished and outstanding executive who has been instrumental to Pelican’s success through his leadership of the company’s multiple divisions worldwide. Promoting Phil is both a well-earned and natural step.”
“It is also fortunate that Lyndon Faulkner will continue with Pelican as Executive Chairman. Pelican’s exceptional performance throughout Lyndon’s tenure as CEO is a testament to the strength of his leadership. The company has realized a 400% sales increase during this period through an aggressive business strategy, including acquisitions and international expansion through which we now operate in 26 countries across the globe. We are grateful for Lyndon’s innumerable contributions and pleased that he will continue to share his wisdom and experience with Pelican.”
Mr. Gyori said, “I am honored to lead Pelican Products at this very exciting and critical time. Our company is ideally positioned to capitalize on our market leadership in the coming years with an exceptional global team that is dedicated to meeting and exceeding the needs of our customers worldwide. We will build on the incredible foundation established by Lyndon to take Pelican and our operating divisions to new heights.”
Mr. Faulkner added, “I am very proud of what we have accomplished at Pelican over the past several years. Together with Behrman Capital, our very supportive and insightful owners, we have built Pelican into a truly global leader with many exceptional growth opportunities in the coming years. Phil is an outstanding choice to lead Pelican through its next chapter, and I look forward to supporting him in my new role.”