| CEO Name | Francisco Requena |
| Nationality | Spain |
| Net Worth Estimation | $5 million |
Francisco Requena, current CEO of Invista (parent company of Cordura and Lycra), has an estimated net worth of around $5 million, derived primarily from executive compensation, vested stock options, and performance incentives tied to Invista's ongoing global textile operations. This figure reflects his tenure, market performance, and the multinational scale of Invista under his leadership.
Francisco Requena's estimated net worth of $5,000,000 is approximately 0.63% of the maximum CEO net worth ($800,000,000) and 5 times the minimum ($1,000,000) within the textile industry. His financial standing places him in the lower range among textile CEOs, though still significantly higher than some peers.
Business Category: Textile
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 800000000 USD
Francisco Requena Performance in Invista (Cordura, Lycra)
Francisco Requena, CEO of Invista (owner of Cordura and Lycra), demonstrates strategic leadership by driving innovation and sustainability initiatives. His data-driven decision-making enhances operational efficiency and market expansion, strengthening brand presence globally. Requena's performance has notably improved Invista's competitive positioning and financial growth through focused investment in advanced textile technologies.
Latest News
**Invista Announces $500 Million Investment in Cordura and Nylon Fiber Businesses, Retains Ownership After Strategic Review**
After nearly a year of exploring strategic alternatives, U.S.-based chemical firm Invista has decided to retain ownership of its downstream nylon fibers business, including the Cordura brand, citing long-term value and committing over $500 million in global investments for next-generation performance fabrics targeting apparel, workwear, military, and lifestyle markets. The decision, announced by CEO Brook Vickery, follows a comprehensive review and reflects confidence in the brand's growth potential and Invista's ability to deliver innovation and supply chain reliability across five manufacturing sites worldwide.
Source: http://www.argusmedia.com/en/news-and-insights/latest-market-news/2718027-invista-touts-investment-in-nylon-fiber-portfolio