Hollingsworth & Vose names new CEO

The Hollingsworth & Vose (H&V) board of directors has selected chief operations officer Josh Ayer as the company’s new CEO.

Josh Ayer (left) and Val Hollingsworth (right).
Josh Ayer (left) and Val Hollingsworth (right).

Ayer has succeeded Val Hollingsworth, who is stepping down as CEO of the advanced materials company after 24 years. Hollingsworth will continue as chair of the H&V board.

“We are delighted to be able to turn to Josh to lead H&V in our next chapter of growth and development,” said Hollingsworth. “He has been an outstanding leader in his years at H&V and will do a great job as CEO. H&V has had several non-Hollingsworth family CEOs in its long history, and we are proud that there are seventh-generation members of our family working for H&V.”

Ayer joined H&V in 2009 as vice president and managing director of the Asia Pacific region, following 10 years at General Electric. He helped lead the development and growth of H&V’s business in Asia. In 2015, Ayer was appointed president of the Engine and Industrial Filtration Division, and in 2020, he became vice president and managing director of H&V’s Americas region.

“I am excited about H&V’s future and my new role with the company. It is an amazing opportunity to help lead a truly innovative company as it moves forward,” said Ayer.

A sixth-generation member of the Hollingsworth family, Val Hollingsworth joined the company in 1976 working as a night shift supervisor and a production and plant manager. He became president in 1997 and CEO in 1998. Under his leadership, H&V became a global company with 13 R&D and manufacturing facilities in strategic locations across three continents.

“This has been an incredible journey for all of us at H&V,” said Hollingsworth. “But despite our near 300-year history, H&V has always been a forward-looking company. Josh and I both believe H&V is well positioned for the future and we are excited about the opportunities ahead.”

Family-owned for seven generations, H&V is headquartered in East Walpole, Massachusetts, USA.