Velcro CEO joins Fed Council
Gabriella Parisse, CEO of Velcro Companies, was appointed to the Federal Reserve Bank of Boston New England Advisory Council (NEAC).
“Serving on the New England Advisory Council is a tremendous opportunity to work with distinguished business leaders from around the region to represent the people and industry in New Hampshire and New England in important discussions about our economic environment,” Parisse said.
As a member of the NEAC, she will share her unique perspective on the global business conditions affecting New Hampshire, New England, the U.S. and the Velcro Companies portfolio, including economic factors, current monetary policy and other topics of common interest to the Council and the Federal Reserve System, said the company.
“Over the last few years, the world has navigated a wide range of events that have dramatically affected global business conditions, so I look forward to giving a voice to challenges and opportunities through the lens of businesses and manufacturing,” said Parisse.
Parisse became Velcro Companies’ first female CEO in November 2021 and has more than 30 years of international experience in consumer goods and B2B with a track record in accelerating growth, brand building and innovation, said the firm. Parisse joined Velcro Companies in October 2018 and served as chief growth officer before assuming her current role.
Parisse spent 26 years with Johnson & Johnson. She served in a variety of global senior leadership roles with increasing responsibility in marketing, innovation and business development, including president of Johnson & Johnson consumer Italy and vice president, Skincare for Europe, Africa and Middle East
The NEAC is comprised of leaders of small- to mid-sized businesses throughout New England, who provide insights into business conditions and on-the-ground economic realities.
Members advise the Federal Reserve Bank of Boston about underlying trends in the economy as viewed through the prisms of their own companies and respective industries.
Founded in 1957, Velcro Companies is a British privately held company, founded by Swiss electrical engineer George de Mestral. It is the original manufacturer of hook-and-loop fasteners, which de Mestral invented. Today it is headquartered in Manchester, New Hampshire.