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Chesapeake-based Yupo names new CEO

Chesapeake-based synthetic paper manufacturer Yupo Corp. America has named Byron E. Bassett as its new president and CEO.

Bassett joins Yupo from North Carolina-based Precision Fabrics Group Inc., where he served as corporate vice president. Bassett replaces Andre Fischbach, who had been in the top spot since 2016.

“Byron is a recognized business leader with extensive experience in building profitable companies and highly functioning organizations for companies with locations in the United States, Europe and Asia,” Fischbach said in a statement.  “His arrival is fortuitous during this period of global supply chain challenges and we look forward to his leadership as we grow our business in a post-COVID world.”

Bassett earned his MBA from the University of North Carolina at Greensboro’s Bryan School of Business and Economics, as well as a postgraduate certificate in corporate financial analysis. He received his undergraduate degree in industrial engineering and operations research from Virginia Tech.