Caraustar Industries announces Michael C. Patton as its new CEO

May 10, 2010. /Lesprom Network/. Caraustar Industries, Inc. announced that Michael C. Patton has been appointed by the Board of Directors to serve as the company's CEO, effective May 20, 2010. "Mike is exactly the right leader for Caraustar at this time," stated William P. Murnane. "He is highly regarded and has a demonstrated an exceptional track record of successfully leading operational improvements, development and implementation of strategic growth plans, targeted cost reduction, product quality enhancement and talent management. Mike's experiences and skills will greatly benefit the company going forward; and, we expect that under his leadership, Caraustar will become an industry frontrunner. Mike's knowledge and industry insight make him the ideal leader to transform the company. He has the confidence and support of our leadership team and the board of directors," commented Murnane. Mr. Patton joins Caraustar after more than ten years with Greif in senior leadership roles. Upon his resignation, Mr. Patton held the title of Senior Vice President, Global Sourcing and Supply Chain and Divisional President, Industrial Packaging North America. Mr. Patton stated "I am honored to have been selected by the Caraustar Board of Directors to lead the company at this exciting juncture. This is a great organization that has a history of customer service and innovation derived from outstanding people and long-term customer relationships. I am very excited about Caraustar's prospects for future success." Caraustar Industries, Inc. is one of North America's largest integrated manufacturers of recycled paperboard and converted paperboard products.