Hoffer Plastics Corp. in South Elgin announced new promotions as a third generation of the Hoffer family takes on leadership at the company. CEO William Hoffer will become chairman of the board, effective Jan. 1, 2020. William is the second CEO of the company's 66-year history. His father, Robert Hoffer, founded the company in 1953 and served as CEO for over four decades.
Gretchen Hoffer Farb will become Chief Financial Officer with responsibility for overseeing the company's financial accounting, management, and reporting functions. She'll also have responsibility for supply chain and procurement, information technology, and environmental sustainability. Gretchen will continue to oversee the Hoffer Foundation, the company's main philanthropic entity that provides funding and support for local and national community service, cultural, and educational organizations.
Charlotte Hoffer-Canning will be named Chief Culture Officer. Charlotte will oversee human resources, facilities management, and marketing, the latter encompassing all key internal and external communications. Charlotte will also take on responsibility for community outreach.
Alex Hoffer will be named Chief Revenue Officer. His expanded role includes sales management, innovation, and product development, and customer service. He will also have responsibility for all key technical functions that enable the company's legacy of delivering outstanding service and delivery to customers, including manufacturing, automation, tooling, and maintenance.
"As I step into a more strategic role in overseeing the company, I will continue to coach and support our next generation of leaders -- my three children -- in their expanded roles," said William Hoffer. "My father guided the company's expansion throughout the U.S. and globally while establishing a strong legacy in environmental sustainability, community service, and philanthropy. Now, it's Gretchen, Charlotte, and Alex's turn to continue the legacy."