Allen Jacoby Appointed EVP And President Of Milliken’s Textile Business

Milliken & Company, a diversified global manufacturer, is pleased to announce the appointment of Allen Jacoby as Executive Vice President and President of its textile business. Jacoby will assume full operational responsibility for the company’s textile product portfolio. He succeeds David Smith, who is retiring after a remarkable 45-year career at Milliken, having started as an intern and risen to the boardroom.

“Allen is known for his enterprise thinking and has demonstrated the ability to drive growth and value creation through strategic initiatives,” said Halsey Cook, President and CEO of Milliken. “We look forward to all that he will accomplish as the new leader of our textile business and wish David the very best as he moves toward his well-earned retirement.”

Jacoby, who has been with Milliken since 2021 as Chief Strategy Officer and Senior Vice President of Corporate Development and Innovation, has a proven track record of driving growth. During his early tenure at Milliken, he led the expansion of several product lines in the textile business.

In 2013, he took on the role of overseeing the plastic additives segment of Milliken’s chemical business, where he successfully managed technology transitions and implemented growth strategies. Before joining Milliken, Jacoby worked as a consultant for Scient and Arthur D. Little. He holds a bachelor’s degree in chemical engineering from Purdue University and an MBA from The Wharton School at the University of Pennsylvania.

“I am honored to lead Milliken’s textile business and eager to work alongside our dedicated team to serve our customers and continue our legacy of industry leadership,” Jacoby said. “Having spent a decade in this business early in my Milliken career, this is a full circle moment, and I am grateful to the board and senior leadership for trusting me to lead.