PaperWorks Industries' President and CEO, Thomas J. Garland, Resigns

Jan. 24, 2012 - PaperWorks Industries said that its President and CEO, Thomas J. Garland, resigned today.

In the meantime, Richard LeBlanc has been named interim CEO. LeBlanc is a seasoned executive with almost 30 years of experience in managing and driving strategic, operational and financial outcomes.

PaperWorks said a search for a new president and CEO has been initiated and the company expects that the position will be filled in the next 90 days.

Garland was the company’s first full-time chief executive and provided the company with leadership through its growth phase from shortly after its founding in late 2008 to the present.

Founded in 2008, PaperWorks Industries, Inc. is a leading North American integrated full-service packaging provider. The company’s Packaging Division is considered a leading innovator in the production of specialized folding cartons, with facilities in the U.S. and Canada. Its Paperboard Division manufactures approximately 300,000 tons of 100% recycled paperboard every year for a variety of end uses, largely concentrated in consumer products.

PaperWorks Industries is headquartered in Philadelphia, Pennsylvania (USA) and is home to nearly 1,700 employees across 17 North American locations with annual sales in excess of USD$600 million.

SOURCE: PaperWorks Industries Inc.