Swagatam Mukerji joined the group on 4 January. He replaces Peter Johnston, who left the business last October.

Mukerji has a 30-plus year track record working at a variety of private equity owned businesses across a wide range of industries, in both permanent and interim roles.

Most recently he was interim CFO and project director at air technology business Fläkt Woods Group, where he led a comprehensive cost reduction project.

Prior to that Mukerji spent nearly five years at industrial services business Safety-Kleen, where he turned around the performance of the UK business prior to becoming group CFO. And during his time at Priory Healthcare one of his key achievements involved renegotiating loss-making contracts with key customers to make them profitable.

He was headhunted for the Polestar role, and has not previously worked for any businesses connected to Polestar’s new owner Proventus Capital Partners.

Mukerji told PrintWeek he was attracted by the potential for the Polestar business under its new ownership structure.

“There is a really good opportunity here. This is a business that has been through a challenging time but the core business is a good business,” he said. “Polestar has very good customers and very good backers. I’m keen to help ensure the business succeeds.”

In a statement, Polestar chief executive Barry Hibbert said he was delighted by the appointment: “Swagatam brings a huge amount of relevant experience to support Polestar in managing the future challenges.”