Acco Brands Corp. promoted Boris Elisman, head of operations for its Americas region, to the new roles of president and chief operating officer.
The office-products business has reported improving results in recent quarters. In October it reported its Americas segment–the biggest top-line contributor–saw third-quarter operating profit edge up 1 percent as net sales grew by the same margin. The company produces widely recognized brands such as Swingline staplers and Kensington computer accessories.
The new role gives Elisman responsibility for global sales, marketing and operations for all businesses and products, the company said. He will continue to serve in his former role as president of the Americas division until a successor is named. Acco hadn’t previously had a president or chief operating officer, according to its Web site.
Shares closed Wednesday at $7.98 and were inactive premarket.
