Tredegar Corporation Announces Leadership Transition as CEO John M. Steitz Retires
Tredegar Corporation (NYSE: TG) has formally announced a significant leadership transition that will take place at the end of 2025. The company revealed that President and Chief Executive Officer John M. Steitz will retire from his role, as well as step down from Tredegar’s Board of Directors, effective December 31, 2025. This marks the culmination of a notable tenure during which Steitz guided the company through evolving market conditions, strategic initiatives, and operational changes.
To ensure continuity and maintain its forward momentum, Tredegar’s Board has elected Arijit (Bapi) DasGupta as the company’s next President and Chief Executive Officer, with his appointment becoming effective January 1, 2026. Alongside the CEO role, DasGupta will also join the company’s Board of Directors.
A Look Back at John M. Steitz’s Leadership
John M. Steitz has been an integral part of Tredegar’s leadership framework since joining the Board in 2018. His appointment as President and CEO in 2019 came at a pivotal time for the company, as shifting market dynamics and technology-driven changes reshaped the industrial manufacturing landscape.
During his six years at the helm, Steitz played a key role in guiding Tredegar’s business operations, with a focus on strengthening its capabilities in aluminum extrusions and high-performance surface protection films. Under his guidance, the company continued investing in innovation and took strategic steps to support long-term competitiveness.
His retirement brings to a close a career marked by steady leadership, industry knowledge, and a commitment to operational excellence. Tredegar credits Steitz with helping the company navigate complex challenges while positioning it for future growth.
Introducing Tredegar’s Next CEO: Arijit “Bapi” DasGupta
Stepping into the CEO role is Dr. Arijit (Bapi) DasGupta, a seasoned executive with a deep understanding of Tredegar’s operations and culture. DasGupta joined the company in 2007, steadily rising through leadership positions within the PE Films division. Since 2015, he has served as President of Tredegar’s PE Films business unit, managing critical operations and driving performance in a segment vital to the company’s global presence.
Throughout his years at Tredegar, DasGupta has demonstrated strategic thinking, technical expertise, and strong leadership qualities. Prior to joining Tredegar, he held key roles at Johns Manville, Solutia, and Monsanto, giving him a broad base of experience across materials, chemicals, and industrial markets.
The Board’s decision to appoint DasGupta underscores Tredegar’s focus on experienced, internally developed leadership. His appointment signals a continued commitment to innovation, operational strength, and sustainable growth.
CFO Transition: Edwards Retires, Brickhouse Steps In
In addition to the CEO transition, Tredegar is preparing for another major leadership change at the close of 2025. As previously announced, D. Andrew Edwards, Executive Vice President and Chief Financial Officer, will retire effective December 31, 2025. Edwards has played a crucial role in Tredegar’s financial strategy, helping maintain stability and prudent capital management through evolving economic conditions.
The Board has elected Frasier W. Brickhouse II to succeed Edwards as Vice President and Chief Financial Officer, effective January 1, 2026. Brickhouse brings extensive financial experience within Tredegar, having joined the company in 1993. Over his three decades with the organization, he has served in several significant roles including Corporate Controller (appointed in 2009) and Treasurer (appointed in 2016). His responsibilities have included treasury operations, accounting, and financial planning—making him well prepared to step into the CFO role.
Before starting his career at Tredegar, Brickhouse spent five years at Coopers & Lybrand, the predecessor of today’s PricewaterhouseCoopers LLP, gaining foundational expertise that has supported his long-term success within the company.
Board Chairman Praises Incoming and Outgoing Leaders
Chairman of the Board, Gregory A. Pratt, commended both outgoing and incoming executives, emphasizing their contributions and the confidence the Board has in the transition.
Pratt expressed appreciation for the service of Steitz and Edwards, noting:
“Both John and Drew have been invaluable members of our management team. They will certainly be missed, and we wish them the very best in retirement.”
He also highlighted the readiness of DasGupta and Brickhouse to assume their new leadership roles:
“We are fortunate to have Bapi and Frasier as John’s and Drew’s highly qualified successors. They possess a deep understanding of Tredegar and its businesses, including related opportunities and challenges. We look forward to their capable leadership.”
About Tredegar Corporation
Tredegar Corporation is a well-established industrial manufacturer with operations spanning North America and Asia. The company focuses on two primary business segments:
1. Aluminum Extrusions
Tredegar provides custom aluminum extrusion products used in North American markets, particularly in the building and construction, automotive, and specialty sectors. These extrusions play a key role in structural and functional applications across various industries.
2. Surface Protection Films
The company’s PE Films division manufactures advanced surface protection films used in high-tech applications—most notably within the global electronics industry. These films are essential for safeguarding components during manufacturing, transportation, and assembly.
With a workforce of approximately 1,600 employees, Tredegar operates several manufacturing facilities across North America and Asia. Its long-standing commitment to innovation, quality, and engineering excellence has positioned it as a dependable partner in industrial and electronics supply chains worldwide.
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