Green Innovations Ltd., Cape Coral, Fla., USA, reports that it has promoted it controller, Sugiarto "Awie" Kardiman, to CFO. Kardiman brings more than 15 years of experience as a financial executive in the U.S. and global paper industry, and has served as Green Innovations' controller since 2013. As CFO, he succeeds Bruce Harmon, Green Innovations chairman and co-founder.

 

Harmon remains chairman of the board, and stepping aside as CFO will further enable him to focus on the board's fast-growing strategic planning requirements and implementation of various strategic initiatives. He will serve as a consultant to the company on corporate finance, capital markets, and related matters.

 

Commenting on his promotion, Kardiman said that "I am excited to join the executive team at this crucial time as Green Innovations aggressively pursues numerous opportunities to build our brand, and capture market share."

 

"Awie is an outstanding financial executive with exceptional industry expertise," said Green Innovations CEO Philip Rundle. "He served as my CFO at Oasis Brands from 2007 to 2010, where he was instrumental in successfully growing that business well above industry averages and increasing shareholder value. At Green Innovations, his proven professionalism and leadership is vital as we execute on an ambitious growth strategy." 

 

Green Innovations, through its wholly-owned subsidiary, Green Hygienics, is the North American distributor of 100% tree-free bamboo-based products, including personal care and paper-based goods. The marketplace for tissue paper products, diapers, wet wipes, feminine care products, and adult care products, is in excess of $29 billion annually in the U.S., Green Hygenics notes.