COVERIS NAMES JAKOB A. MOSSER CHIEF EXECUTIVE OFFICER

Wednesday, December 20th, 2017

Coveris, (or “the Company”), a premier global packaging manufacturer, announced today that it has appointed Jakob A. Mosser as Chief Executive Officer, effective January 8, 2018.
Mosser will take over the CEO responsibilities from Interim CEO Dimitri Panayotopoulos, who will continue to serve the Company as Chairman.

“I am very excited to join Coveris,” said Mosser. “The Company has built an outstanding reputation for innovation and service, and I look forward to working with the team to drive new growth and building on Coveris’ history of success.”

Mosser has built an international career over 30 years, holding a number of senior leadership roles in the packaging industry, ranging from General Manager to CEO, in both Europe and North America. In 2006, Mosser successfully restructured Unterland, resulting in a sale of the business to Mondi. After serving as CEO for the Consumer Flexibles Division of Mondi for a few years, he founded Schur Flexibles and grew the company into a Europe Top 7 flexible packaging business with focus in the primary food, selected pharmaceuticals and tobacco markets. In 2016 Schur Flexibles was sold successfully to the private equity fund Lindsay Goldberg and Mosser continued as the CEO of the company prior to joining Coveris.

“We are very privileged to add an experienced packaging executive to our leadership team in Jakob. Jakob will bring to Coveris not only an excellent understanding of the flexible packaging industry, but also a proven entrepreneurial mindset,” said Panayotopoulos. “His strong leadership will enable Coveris to successfully achieve its ambition and vision in the years to come”.