KP Tissue Inc. ("KPT") announced that Mr. Mario Gosselin has decided to retire from his position as CEO of KP Tissue and Kruger Products L.P. ("KPLP") as of March 8, 2018, and that Mr. Dino Bianco will succeed him.
Mr. Bianco is an accomplished and highly respected executive who brings over 25 years of financial, sales and marketing and senior management experience with Kraft. As President of Kraft Canada, Mr. Bianco successfully led a business with several billion in sales, 23 brands, 11 facilities and more than 5,000 employees. Mr. Bianco has also developed a strong relationship with Canadian retailers and in 2013 was the recipient of the Food Industry Association of Canada's Golden Pencil Award, which recognized his lifetime contribution to the grocery sector. Furthermore, he has extensive U.S. and foodservice experience, having recently served as President of Kraft's multi-billion U.S. Beverage division based in Chicago.
To ensure a smooth and efficient transition, Mr. Gosselin will remain with KPLP until June 15, 2018. He also intends to continue to sit as a Director and Vice-Chair of KPLP's Board until that date, at which time Mr. Bianco will join the KPLP Board.
Kruger Products L.P. is Canada's leading manufacturer of quality tissue products for household, industrial and commercial use.