Exopack Holding Corp. a leading global manufacturer of flexible packaging and coated products today announced that executive chairman Jack Knott will return to the company in a full time capacity as the executive chairman and chief executive officer. In addition, Mike Alger, a member of Exopack’s board of directors and chairman of the audit committee, has been named the company’s chief financial officer. Knott and Alger were selected after thoughtful consideration of Exopack’s current initiatives and the company’s significant potential for growth in revenue, new products, and earnings. Both have a thorough understanding of the flexible packaging industry and deep knowledge of Exopack, as well as proven operating expertise. After the appointments become effective on March 1, 2013, interim CFO Duane Owens will continue to help lead Exopack as the fompany’s treasurer. Exopack is an affiliated portfolio company of Sun Capital Partners.

“I have a deep affinity for Exopack and for the packaging industry. While I have enjoyed my time as a Managing Director of Sun Capital Partners, I could not pass up the opportunity to get back into the operations side with this great company and to work with its senior team,” Knott says. “Exopack is an important portfolio company of Sun Capital which has a sizeable number of packaging company holdings, and Mike and I are both excited to work with management to help Exopack better serve its world-class customers, realize its growth potential and achieve the next level of performance.”