Caraustar Names Patton New CEO

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Caraustar Industries, Atlanta, Ga., USA, reports that Michael C. Patton has been appointed CEO, effective May 20. Patton joins Caraustar after more than 10 years with Greif in senior leadership roles. Upon his resignation from Greif, he held the title of senior VP, Global Sourcing and Supply Chain and divisional president, Industrial Packaging North America.

"Mike is exactly the right leader for Caraustar at this time," said William P. Murnane, chairman of Caraustar's board of directors. "He is highly regarded and has a demonstrated an exceptional track record of successfully leading operational improvements, development and implementation of strategic growth plans, targeted cost reduction, product quality enhancement, and talent management. Mike's experiences and skills will greatly benefit the company going forward; and, we expect that under his leadership, Caraustar will become an industry frontrunner. Mike's knowledge and industry insight make him the ideal leader to transform the company. He has the confidence and support of our leadership team and the board of directors."

Caraustar, one of North America's largest integrated manufacturers of 100% recycled paperboard and converted paperboard products serves the four principal recycled boxboard product end-use markets: tubes and cores, folding cartons, gypsum facing paper, and specialty paperboard products.