Jul 30, 2007. /Lesprom Network/. Chesapeake Corporation announced on July 30, 2007 that Joel K. Mostrom has been elected executive vice president of the corporation and that Michael Cheetham, Vince W. Hockett and Timothy D. Whitfield have been elected vice presidents and officers. Guy N. Faller, controller, was also elected a corporate officer. "We have recently created a more efficient and focused organizational structure by consolidating our businesses into three operating divisions, and these officer appointments reflect the additional responsibilities and roles these individuals will have in the new organization," said Andrew J. Kohut, Chesapeake's president & chief executive officer. "I believe that streamlining our organization and focusing management responsibility for our various businesses will enable us to anticipate and respond to our customers' needs in a more timely manner, which ultimately will help grow our company." Mr. Mostrom has been named executive vice president & chief financial officer. He had served as senior vice president & chief financial officer since January 3, 2005. Mostrom joined the company in 1992 as president of the Chesapeake's land development businesses, Delmarva Properties, Inc. and Stonehouse Inc. He was named a corporate vice president in 1998 and also assumed responsibility for the corporation's investor relations activities. Prior to joining Chesapeake, Mostrom was president of Curtis F. Peterson Inc. in Columbia, Md., and served as a manager with Peat Marwick & Co. in Baltimore. Mr. Cheetham will serve as vice president - pharmaceutical and healthcare packaging. He will have management responsibility for the company's pharmaceutical and healthcare carton, leaflet and label operations worldwide. Cheetham joined Chesapeake in 1996 as managing director of the company's plant in Leicester, England. Since then he has served as divisional director of Chesapeake's food and household, food and beverage, and branded products businesses. Prior to joining Chesapeake, Cheetham held various manufacturing and general management positions with companies including British Aerospace, British Steel, Peugeot and Hallmark Cards. Mr. Whitfield will serve as vice president -branded products packaging and will manage the company's business that manufactures and markets paper-based packaging for alcoholic drinks, premium confectioneries, food and tobacco. He joined Chesapeake in 1995 as a commercial manager at the company's plant in Nottingham, England. Since then he has served as managing director of several Chesapeake businesses and most recently was divisional director of the company's plastic packaging business. Mr. Faller joined Chesapeake in February 2006 as European financial controller and was appointed controller of the corporation in November 2006 before being named Chesapeake's principal accounting officer effective January 1, 2007. Prior to joining Chesapeake, Faller served as chief financial officer of Stolt Sea Farm, a division of the Stolt-Nielsen group, an international shipping company based in Luxembourg. He is a Fellow of the Institute of Chartered Accountants and has 14 years of experience in public accounting. In the new organizational structure Mr. Mostrom, Mr. Cheetham, Mr. Hockett and Mr. Whitfield will report directly to Mr. Kohut. Mr. Faller will report to Mr. Mostrom. Chesapeake Corporation is a leading international supplier of value-added specialty paperboard and plastic packaging with headquarters in Richmond, Virginia. The company is one of Europe's premier suppliers of folding cartons, leaflets and labels, as well as plastic packaging for niche markets. Chesapeake has 47 locations in Europe, North America, Africa and Asia and employs approximately 5 500 people worldwide.