Aug 22, 2014. /Lesprom Network/.
Burrows Paper Corporation announces the passing of Chairman and CEO R. W.
(Bill) Burrows. Bill leaves behind a company he served more than 40 years. To
ensure its strength and continuity, he had implemented a strategic plan that
charts a growth trajectory through the company's centennial in 2019 and beyond,
and ensures strong management succession including the promotion of Rose Mihaly
to president and chief operating officer in 2013, as the company said in the
press release received by Lesprom Network.
Company ownership will pass to his family, and governance will be in the
hands of the board of directors comprised of individuals from diverse
backgrounds in corporate finance and management. Operation of the company will
continue under Mihaly, Philip Paras, CFO, and senior management around the
globe.
Burrows Paper Corporation operates four paper mills and five packaging
converting facilities domestically and abroad.
