New CEO of AR Packaging Group

Harald Schulz has been appointed new CEO of AR Packaging Group and will assume the position on March 1st. Harald Schulz succeeds Per Lundeen who will join the Board of Directors.

AR Packaging Group was formed in 2011 through the merger of A&R Carton and Flextrus.

Harald Schulz is 47 years of age with long-standing experience from the packaging sector. He has been employed by A&R Carton since 2001, most recently as as Senior Vice President of its business area Branded Products. Mr. Schulz is also responsible for A&R Carton's four plants in Germany and Russia and CEO of A&R Carton's German subsidiary. Harald Schulz is a German citizen, lives south of Frankfurt and has a Diploma in Industrial engineering.

Stig Gustavson, Chairman of AR Packaging Group Board of Directors comments:

"In Mr. Schulz AR Packaging Group has found a solid force to further strengthen the foundation created by Mr Lundeen. The Board of Directors looks forward to working with Mr. Schulz in his new role as CEO of the group, and Mr. Lundeen in his new role in the Board of Directors, to create the packaging company of tomorrow, focused on customer value and innovation."

Haral Schulz comments:

"I am looking forward to starting my new position as CEO of AR Packaging Group. After more than 10 years in A&R Carton, I am familiar with our corporate values. I will do my utmost to work together with our customers, suppliers, employees, my management team and the Board of Directors to further develop our strengths and establish AR Packaging Group as customer focused and innovative leader in the European packaging sector."