Exopack® Organizational Announcement
September 10, 2010 10:14 AM Eastern Daylight Time
SPARTANBURG, S.C.--(EON: Enhanced Online News)--Exopack® announces today that Jon Heard has made
a personal decision to leave the Company to pursue another CFO job opportunity in the Spartanburg area effective
September 30, 2010. Jon joined in 2001 as the Corporate Controller, and was promoted into the role of Chief
Financial Officer in January 2006. We would like to take this opportunity to thank Jon for nine years of dedicated
service. Jon has worked tirelessly to improve the value of Exopack, and we greatly appreciate his efforts. He is
leaving this company in the hands of a very talented financial team. This departure was not related in any way to the
company’s operational performance or financial condition, both of which remain strong.
We will begin a search for a new Chief Financial Officer immediately. During the interim, Tom Vale, our current
Chief Operating Officer, will step into the CFO role. Tom has an undergraduate degree from Valparaiso University
in Accounting and Economics, and received his MBA in Finance from De Paul University. After working in public
accounting for 10 years, Tom joined McDonald's Corporation where he worked for 5 years in Accounting and
Business Development. In 1998, Tom joined Resorts USA the Executive Vice President & Chief Financial Officer.
In 2000, he moved to Deluxe Media Services as the Executive Vice President & Chief Financial Officer, he
maintained this role until 2004, when he was promoted to the role of President & Chief Executive Officer. In 2007,
Tom opened a consulting practice, which he maintained until he joined Exopack as the Chief Operating Officer in
2008.
About Exopack
Managing 19 production facilities strategically positioned across North America and the United Kingdom, as well as
a global network of alliance partners, Exopack is an established leader in the development, manufacture, and
sourcing of plastic and paper flexible solutions f