LAKE FOREST, Ill.--(BUSINESS WIRE)--Jun. 3, 2015--
Packaging Corporation of America (NYSE: PKG) announced today the
appointment of Robert P. (Bob) Mundy as Senior Vice President and Chief
Financial Officer effective September 1, 2015. Mr. Mundy will begin his
employment with PCA on July 1, 2015. He has served as Verso
Corporation’s Senior Vice President and Chief Financial Officer since
2006. Before that, he worked for more than 20 years with International
Paper Company in various positions of increasing responsibility. Richard
B. (Rick) West, PCA’s CFO since 1999, will remain an employee of PCA in
an advisory capacity through his planned retirement date of March 1,
2016.
Mark W. Kowlzan, CEO of PCA said, “As a seasoned CFO with more than 30
years of financial and operating experience in the paper industry, Bob
is ideally suited to become PCA’s CFO and a key member of our executive
management team. In addition, Bob and Rick have very similar
backgrounds, having worked together for more than ten years in various
financial roles at International Paper.”
Commenting on Mr. West’s planned retirement, Paul T. Stecko, Chairman of
the Board of PCA, said, “Rick has been instrumental to PCA’s success
since the company was formed in 1999. I am very pleased that he will
continue with PCA into 2016, assisting Bob in his transition to the CFO
role and serving PCA in other important areas.”
PCA is the fourth largest producer of containerboard and corrugated
packaging products in the United States and the third largest producer
of uncoated freesheet paper in North America. PCA operates eight paper
mills and 94 corrugated products plants and related facilities.
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Source: Packaging Corporation of America
Packaging Corporation of America
Barbara Sessions
INVESTOR
RELATIONS: (877) 454-2509
PCA Web Site: www.packagingcorp.com