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Milliken's Allen To Retire, Company Again Makes Fortune 100 Best Companies List

Milliken & Company President and CEO Dr. G. Ashley Allen will retire May 1, capping a 38-year career with the Spartanburg-based textile manufacturer. Allen was named president and COO of the company in 2002 and was promoted to CEO in 2005 to succeed Roger Milliken, who continues to serve as chairman of the Board of Directors.

Allen earned a bachelor’s degree in chemistry from Washington & Lee University and a doctorate in organic chemistry from Cornell University. He began his career with Milliken in 1969 as a research chemist at Milliken Research Corp. and held various leadership positions including president of Chemical & Packaging, Chemical & Industrial Specialties and Milliken Research prior to his more recent positions.

allensalley
Dr. G. Ashley Allen (left) and Dr. Joseph M. Salley

Dr. Joseph M. Salley, promoted to COO in 2006, will succeed Allen as president and CEO. Salley earned a bachelor’s degree in chemistry from the Citadel, and a master’s degree and doctorate in chemical engineering from Stanford University. He joined Milliken in 1994 as a research and development engineer for Milliken Chemical, and served in various roles including president of Industrial Specialties, Milliken Research and Performance Products prior to his current office.

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“Joe Salley inherits the big shoes of Ashley Allen, who has provided tremendous leadership to this private manufacturing company,” said Milliken. “In elevating Joe to the CEO leadership role, we are happy to again be promoting from within, which is testimony to Milliken’s commitment to recruit, educate, challenge and promote the best possible talent. Joe has done an excellent job in his present capacity and is well prepared for his new responsibilities.”

As further testimony to Milliken’s commitment to excellence, the company has for the fourth time in five years been named to Fortune magazine’s “100 Best Companies to Work For” list, ranking 92nd on the 2008 list, and 31st on the Best Medium-Sized Company list. It is the only South Carolina company to be included.

March/April 2008