Oct 01, 2010. /Lesprom Network/. The Board of PaperlinX Limited advises that Toby Marchant, CEO of PaperlinX Europe, has been appointed as managing director and CEO of PaperlinX Limited effective 1 November 2010 to replace Thomas Park. Mr Park will step down from PaperlinX on 31 October 2010, company said in a statement received by Lesprom Network. “The Board acknowledges the commitment that Tom has shown as managing director and CEO over the past 6 years”, PaperlinX Chairman David Meiklejohn said. “The recent exit from manufacturing, the $1.2 billion reduction of debt in the last 18 months, and refinancing away from the historical lender group have resulted in a more focused, streamlined and flexible organisation. It is now an appropriate time to make this organisational change”. Mr Marchant has over 30 years experience in the paper merchanting industry. He was Managing Director of the Robert Horne Group in the UK when PaperlinX acquired Buhrmann in 2003, was appointed Regional President of PaperlinX UK in 2005 and became CEO of PaperlinX Europe in 2008. Mr Marchant will continue to be based in the United Kingdom, whilst the statutory head office will remain in Mt Waverley, Victoria. The role of CEO Europe will not be replaced.