STAMFORD, Conn. - Wednesday, January 29th 2014 [ME NewsWire]
(BUSINESS
WIRE)-- The board of directors of ASG, a leading global
specialty-packaging manufacturer, announced today the company has been
reorganized to provide increased regional focus and responsiveness to
its customers. Effective immediately, ASG will now operate as three
affiliated business units: ASG Americas, ASG Europe, and ASG Asia. The
new structure is consistent with the company’s continuing efforts to
simplify process, tighten its lean business model, and increase focus on
its customers’ needs.
With this change, the board has named
Welson Zhou CEO of ASG Asia. Mark Caines and Tony Garnish will remain
CEOs of ASG Americas and ASG Europe, respectively. The three business
unit CEOs will report directly to ASG’s board of directors.
As a
result, the board is eliminating the role of president and CEO. The
board expressed confidence the new, lean structure and the ongoing
execution of ASG’s investment plan will drive customer growth
opportunities and operational improvement. In addition, a continuing
commitment to innovation and Spark! creative service center expansion
will enable the ASG companies to present best-in-class packaging
solutions while remaining highly reponsive to customer needs and service
requirements.
ASG will continue to benefit from Mike Ukropina’s
guidance in the short term as he concludes the leadership transition and
completes certain projects. The board expressed its appreciation to Mr.
Ukropina for his important role in creating a strong organization that
increasingly is demonstrating its capabilities in packaging innovation
and creative services across a wide range of home entertainment and
consumer goods companies. His legacy is the exceptional management team
and operating talent he has groomed, which will lead the ASG businesses
effectively into the future.
About ASG
ASG is a leading
specialty packaging company that delivers innovative packaging solutions
for the world’s premier consumer brands. Key packaging segments ASG
serves include health and beauty, pharmaceutical, home entertainment,
consumer electronics, confectionery and specialty foods, spirits, and
sporting goods. The company operates 18 manufacturing facilities — the
capabilities for which include lithographic, flexographic, digital, and
specialty gravure printing and injection-molded plastics — in North
America, Europe, Asia, and Latin America. It also boasts seven Spark!
creative services centers in the U.S., U.K., France, China, and
Australia. ASG is comprised of two separate legal entities —
AGI-Shorewood U.S. and AGI-Shorewood International — and collectively
employs nearly 3,000 people worldwide. Please visit
www.asg-worldwide.com for more details.
Contacts
ASG
Camille Lee
camille.lee@asg-worldwide.com
Ken Stoltz, 208-388-0766
kens@stoltzgroup.com
Tony Harrison, 208-880-9814
tharrison@stoltzgroup.com
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