Packaging Corporation of America Announces Hiring of Robert P. Mundy to Succeed Richard B. West as Chief Financial Officer
June 03 2015 - 8:05AM
Business Wire
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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version on businesswire.com: http://www.businesswire.com/news/home/20150603005805/en/
Packaging Corporation of AmericaBarbara SessionsINVESTOR
RELATIONS: (877) 454-2509PCA Web Site: www.packagingcorp.com
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