St. Louis, MO – Zoltek, the global leader in industrial-grade carbon fiber manufacturing, proudly announces the promotion of David Purcell to President, Chief Executive Officer, and Chief Operating Officer, with Toshiyuki Kondo transitioning to the role of Chairman of the Americas. Effective April 1, 2025, this leadership shift marks an exciting new chapter in the company’s growth.
Mr. Purcell, who has recently served as COO, joined Zoltek over 17 years ago to work for the company’s founder and CEO, Mr. Zsolt Rumy. After leading the company through a merger with Toray Industries in 2014, Mr. Purcell has led the global sales efforts, resulting in a tripling of revenue and multiple capacity expansions over the last several years. His extensive knowledge of the carbon fiber industry, customer focus, and strategic vision have been key to the company’s growth and success in the market. As President, CEO, and COO, Mr. Purcell will lead Zoltek into its next chapter of growth.
“I’m honored to lead Zoltek in our continued mission to industrialize carbon fiber,” said Mr. Purcell, “and I look forward to working with Mr. Kondo and the Toray executive team to solidify and grow our leadership position in the market.”
Mr. Kondo, who previously served as CEO, will take on the role of Chairman of Zoltek, and President of Toray Americas. In his new position, Mr. Kondo will continue to provide strategic guidance to support the company’s growth.
Dave’s promotion to CEO is well-earned, and I have great confidence in his ability to lead the company forward,” said Toshiyuki Kondo. “I look forward to supporting the team in my new role as Chairman.”
