The Newark Group, headquartered in Cranford, N.J., has named Frank Papa president and CEO. He replaces Philip Jones, who had served in the position on an interim basis since the departure of Robert Mullen.
In a press statement, Jim Keller, chairman of The Newark Group board, says, “Frank brings to The Newark Group an all-important outside perspective balanced against an insider’s knowledge of the industrial marketplace and the challenges facing manufacturing companies today. His design, manufacturing and logistics background is extensive, his record of growth is impressive, and we are eager to begin working with him as we continue to evolve as a leader in recycled paperboard.”
Papa began his professional career with General Electric Co. and progressed through to president and CEO at Specialized Vehicles Corp. and Signature Aluminum Canada. Most recently, he has been operating partner at H.I.G. Capital, a global private investment firm.
“I am delighted to be coming on board at The Newark Group at this stage in its corporate life because the company is just now at the tipping point of unparalleled growth,” Papa says. “I look forward to helping to leverage the great integrity and strengths of the company, its products and its people to move The Newark Group to the next level and to best meet the needs of a changing customer landscape.”
The Newark Group operates a network of 100 percent recycled-content paperboard mills throughout North America. The company also operates a number of recycling facilities throughout the United States.
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