Giovanni Spitale named as CEO of Davis-Standard

James Murphy elevated to VC

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Davis-Standard
Giovanni Spitale, chief executive officer, Davis-Standard. Photo Davis-Standard

Giovanni Spitale has been named chief executive officer of Davis-Standard, a portfolio company of Gamut Capital Management. Spitale replaces Jim Murphy who has been elected as vice chairman of the Board of Directors. In addition, Davis-Standard has elected several individuals as members of its Board of Directors, including Brian Marston, Bill Barker, and John McGrath, each of whom have significant experience within Davis-Standard’s markets.

“I am extremely excited to join the Davis-Standard organization,” said Spitale. “Having spent considerable time in the polymer processing and broader capital equipment industries, I have long admired Davis-Standard’s leading position in the market, its unmatched engineering capability, and the Company’s reputation as a strong partner to its customers through both original equipment and aftermarket support. I look forward to working with the Davis-Standard organization to continue to grow the business globally and support our world-class base of customers with differentiated product offerings and services.”

“I want to thank the entire Davis-Standard organization for the many years of strong performance that we have collectively executed upon under my tenure as CEO,” said Murphy. “I am thrilled to continue to serve the Company as vice chairman of the Board of Directors and look forward to collaborating with Giovanni alongside the broader Board of Directors in this next and very exciting phase of Davis-Standard’s long history.”

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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