PRESIDENT AND CEO, TREDEGAR, CHESTERFIELD COUNTY
Virginia Business //September 2, 2025//
PRESIDENT AND CEO, TREDEGAR, CHESTERFIELD COUNTY
Virginia Business //September 2, 2025//
In 2019, Steitz was named president and CEO of surface protection films and aluminum extrusions manufacturer Tredegar, a 1989 spinoff of Richmond fuel additives company Ethyl.
Steitz had served on Tredegar’s board of directors since 2017 while also serving as CEO of additives supplier Addivant, which merged with SI Group in 2018. He was also a director of specialty-grade phosphate producer Innophos Holdings from 2008 until 2020, when it was acquired, and he was chief operating officer of Albemarle Corp., one of NewMarket’s subsidiaries, for five years.
In November 2024, Tredegar completed the sale of its flexible packaging films business to Oben Group and expected to realize after-tax, cash-free and debt-free proceeds of $85 million.
Tredegar’s net sales in the first quarter of 2025 increased 17% over the same quarter in 2024. The company has about 1,500 employees in the United States and Asia.
Steitz holds a degree in chemical engineering from the University of Missouri-Columbia and an MBA from Southern Illinois University Edwardsville.
Return to the full list of this category’s recipients.