IPS names new CEO Jim Stephanou

IPS has announced the appointment of Jim Stephanou as its new CEO.

Mr. Stephanou has over thirty years of experience in the pharmaceutical industry, specializing in manufacturing operations and engineering. He previously worked as the Vice President of Global Engineering Solutions at Merck & Co., Inc. and held leadership positions at Bayer Corporation and Lyondell Basell Industries. He has a degree in mechanical engineering from Drexel University.

The company is a leading provider of procurement architecture, engineering, construction management, and validation services for the life sciences sector and has 45 offices across 17 countries worldwide.  

Jim Stephanou said, "I am honored to lead such a respected and successful organization. IPS has been experiencing incredible growth and has become part of Berkshire Hathaway's group of companies. I am excited to work with the talented team at IPS to enhance our global brand and deliver innovative solutions to our clients in the life sciences industry."

Mr. Stephanou will report to Dave Goswami, the Global CEO of IPS Enterprise. Mr. Goswami welcomed the appointment saying, "We are thrilled to have someone as experienced as Jim to lead IPS Life Science. He has demonstrated remarkable leadership capabilities and possesses the skills necessary to take the company to new heights."


Featured Articles

Unilever grows sustainable Indonesian palm oil partnership

Unilever are signing a expanding their agreements in Indonesia to grow the transparency of their palm oil supply chain

New EU Carbon Emissions Tariff and procurement

Importers in Europe face rising prices and administrative bottlenecks as the EU's new carbon emissions tariff comes into effect

Three top trends: Procurement and Supply Chain Live 2023

Procurement Magazine Editor and host at Procurement and Supply Chain LIVE London 2023 Neil Perry picks his key themes from the event.

Coupa: Future proofing business and reducing risk

Risk Management

Generative AI’s untapped potential in procurement contracts

Technology & AI

Procurement & Supply Chain LIVE 2023: 1 Day to go!

Digital Procurement