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8-K - FORM 8-K - Pregis Holding II CORP | c63286e8vk.htm |
Exhibit 99.1
Announcement |
For Immediate Release
Contacts:
Keith LaVanway
847-597-9353
klavanway@pregis.com
Keith LaVanway
847-597-9353
klavanway@pregis.com
PREGIS CORPORATION APPOINTS NEW CEO
Deerfield,
IL, February 23, 2011 Pregis Corporation today announced that Michael T. McDonnell has
resigned his position as Chief Executive Officer. He will be replaced by Glenn M. Fischer. Mr.
Fischer, who has served on Pregis Board of Directors since 2005, is an Operating Partner with AEA
Investors and the former Chief Operating Officer of Airgas, Inc.
John Garcia, Chairman of Pregis, commented: We thank Mike for his dedication to Pregis and wish
him and his family continued success in the future. Pregis has emerged from the difficult economic
environment of the last few years as a more efficient and faster growing company. We are confident
in the prospects for Pregis and look forward to supporting the company in achieving its potential.
Glenn Fischer added, Ive had the pleasure to get to know many members of the Pregis family over
the last five years. I look forward to working with the strong senior
leadership team weve assembled and our 4,000 associates to make
Pregis all that it can be.
About Pregis:
Pregis Corporation is a leading global provider of innovative protective, flexible, and foodservice
packaging and hospital supply products. The specialty-packaging leader currently operates 46
facilities in 18 countries around the world. Pregis Corporation is a wholly owned subsidiary of
Pregis Holding II Corporation. For more information about Pregis, visit the Companys web site at
www.pregis.com.