Strategic and Financial GoalsMerger and AquisitionsOperational Effectiviness

Bill Mackin Joins Renwood Mills as President and CEOAt the Board of Directors meeting held in Newton, North Carolina, William “Bill” Mackin was introduced as the new President and CEO of Renwood Mills, he will provide strategic marketing, sales support and innovative planning for the future of the organization. He was introduced byFord Mennel, President, The Mennel Milling Company and John Stout CEO, Plaza Belmont.Bill joins Renwood Mills with nearly 30 years of executive-level experience in the baking industry, including Wonder Bread, Hostess Cakes, Interstate Brands, MaMa Rosa’s, and Calise Baking Co. In his most recent position, he served as President and CEO of Packaging Products Corporation where he used his extensive experience in sales, operations, manufacturing, safety, and team building to strengthen the company’s long-time position in the market.

For more information, contact:Suze Parker, media relations representativesparker@parkercommgrp.com, 913.685.0600Packaging Products Corporation Names New CEO Veteran CEO takes the reins of 40-year-old companyMISSION, Kan. (Date, 2014) – Packaging Products Corporation has named Bill Mackin CEO of the 40-year-old custom, flexible packaging maker. Mackin brings PPC 25 years of executive-level experience and an impressive record of improving profits at businesses ranging in size from $10 million to more than $3 billion in revenue.Before joining PPC, Mackin was managing executive, president and CEO of several private equity-owned firms, where he was responsible for the operating results of several acquisitions and divestitures in the consumer packaged goods sector. During that time, one of the positions he held was president of MaMa Rosa’s LLC – the largest branded, refrigerated pizza company in the country – where he doubled sales from $40 million to $80 million in four years. “Bill was an exceptional leader at MaMa Rosa’s, and we are fortunate to have him leading the PPC team”, according to John T. Stout, Jr., Chairman of Plaza Belmont Management Group, the majority owner of MaMa Rosa’s from 2006 to 2011. Plaza Belmont is also an investor/owner of PPC. “Bill is decisive, results driven, competitive and disciplined”, says Stout. “He is a fact-based leader who develops practical and innovative solutions, focuses on details and follows through to ensure execution and desired results.” Mackin will use his extensive experience in sales, operations, manufacturing, safety and team building to strengthen PPC’s position as a high-quality, value-conscious flexographic printer and converter serving a variety of leading manufacturers and markets. Under Mackin’s leadership, PPC will focus on product innovation and operational improvements.

Lean - Continuous Process Improvement Implementation and CoordinationTraining Videos and Certification ClassesDepartment Audits

Gatekeeper of Strategy Implementation and Organizational StructureDoubled EBITDA and Revenue in one portfolio companyMerger and Aquisitions, Channel Diversification, Product Profitability Recruited top-level talent in key departments, implemented new soft-ware platform Established broker accountability and reporting standards, using fact-based criteriaR&D initiatives including a new Brand platform, Lean LifestylesTraining programs, which included Benefit Selling, GFSI and AIB

Traveled to China to meet with factory owners to source product.C-Level relationships throughout the Industry.Established new software platform and inside efficiencies Professional Sales and Broker Presentation/Accountabilities materialsOperating budgets and Organizational profit performance

Responsibility for business development and channel management for the company, $3B in revenue Developed specific action plans (sales and manufacturing operations) for the ten profit centers in the US using IRI, internal data and customer specific information.Coordinated manufacturing, marketing and sales strategies for the corporation.Helped Introduced Bakers Inn a $100 million dollar new product.Met with C-Level customers to develop specific action plans

Turned a $10M loss to $10M profit within two yearsLargest Bakery Division in the United States$600M in revenue, 6 plants, 35 production lines, 5000 employeesReestablished productivity standards and created accountability Reduced costs by investing capital in labor intensive areas (20% headcount reduction).New Product Development that included the initial Wonder Wheat based products

A $100M, three bakery operation, 1,000 employeesOperations Management – Managed the Greenfield development of the company’s Toledo, Ohio production facility. Managed all details of the start up completing what was described by the CEO as the best bakery opening in the history of the company. Leadership and Management – As general manager in Detroit, took over a historically troubled relationship with the teamster union. Personally met with the teamster union president each month, established conflict resolution training for both union stewards and front line managers and resolved all outstanding grievances.

A Four state, 500 employee, $60M business; Leadership – Addressed a 15% sales decline following Ralston Purina’s decision to close a major production facility.Met with every customer and every employee and set a plan of action to focus on sales, service and brand strength.Achieved a positive sales increase of 10%, a profit turnaround from a loss of $1M to a profit of $1M.Several key members of my management team were promoted to key positions throughout the country.

Addressed excessive manpower, facilities and costs in common area maintenance in Connecticut.Combined seven agency branches into three super agencies.Eliminated four branch management positions mechanic and shipping staff along with the cost of maintaining four facilities.Achieved over $1M in annual savings.