Fortress Paper Names Axel Wrappler as CEO of Landqart AG

Axel Wappler.

June 19, 2013 - Fortress Paper Ltd. announced the appointment of Axel Wappler as Chief Executive Officer of its security paper products business, Landqart AG, effective July 1, 2013.

Wappler replaces Alfonso Ciotola, who will continue providing services to the corporation.

Wappler has over 25 years of international experience in the paper and manufacturing industries, with leadership roles in operations, sales and executive management.

Prior to joining Fortress Paper, Wappler served as a member of the Executive Board and General Manager of Global Marketing and Sales for Omya Management AG, a producer of industrial minerals and distributor of chemical products, and the CEO of Cham Paper Group, a Swiss developer, producer and distributor of coated specialty papers.

Landqart AG (Fortress Paper's Landqart Mill) is a producer of banknote and high security papers. The mill, located in Landquart, Switzerland, has two paper machines: PM1 has a production capacity of approximately 7,500 tonnes/year, and PM2, a cylinder mould paper machine, has a production capacity of about 2,500 tonnes/year. The mill employess 240 workers.

SOURCE: Fortress Paper Ltd.