Veritiv Names Salvatore A. Abbate as Chief Executive Officer
Sept. 21, 2020 - Veritiv today has announced that Salvatore "Sal" A. Abbate has been named the company's Chief Executive Officer, and current board member Stephen E. Macadam (Steve) has been named Chairman of the Board as Mary A. Laschinger, current Chairman and CEO, retires from the organization. Both appointments are effective September 30, 2020.
Abbate joined Veritiv in April 2018 as the Senior Vice President and Chief Commercial Officer responsible for enterprise strategy and Category Management. In January 2020, he was named Chief Operating Officer responsible for all Packaging and Facility Solutions commercial operations including Sales, Commercial Excellence, Developing Businesses, Veritiv Canada, as well as all Veritiv Supply Chain Operations.
Prior to joining Veritiv, Abbate served as Senior Vice President and Chief Sales & Marketing Officer for Andersen Windows & Doors, Inc.
"I am incredibly honored to assume the role of CEO. At Veritiv, we've been on a path to strategically transform into a leading packaging solutions company and I am excited to lead our organization as we embark upon the next phase of our strategy," Abbate said.
Macadam joined Veritiv's Board of Directors in February 2020 after serving as President and Chief Executive Officer of EnPro Industries, Inc. from April 2008 to July 2019. He has extensive leadership and operations experience growing and transforming businesses in the U.S. and globally. Mr. Macadam has more than 30 years of experience advising and leading businesses in the packaging, building materials, and pulp and paper industries.
Veritiv Corporation (NYSE: VRTV), headquartered in Atlanta and a Fortune 500® company, is a leading North American business-to-business distributor of packaging, facility solutions, print and publishing products and services; and also a provider of logistics and supply chain management solutions. For further information, visit: www.veritivcorp.com.
SOURCE: Veritiv Corporation