Jan Acker Email & Phone Number

$500 M manufacturer of plastic food packagingBuyer of Clear Lam’s Thermoforming Division in May of 2012Senior VP Operations (post acquisition role)Responsible for the integration of Clear Lam’s Thermoforming Division into the D & W Fine Pack organization• Successfully integrated sales and operations into the new organization, including customer transitions, personnel, manufacturing plants, supply chain, engineering and accounting• Improved customer service performance of D & W Fine Pack from 63% to 95% in the first 6 weeks • Reduced working capital 10% in the first 6 months, reducing debt and increasing cash flow• Improved manufacturing costs through labor reduction and increasing production rates• Identified warehousing and distribution cost reductions in excess of 35% • Reduced materials costs through improved leveraging of buying power and product weight reductions

$75 M manufacturer of thermoformed plastic food packagingPresident & COO Thermoforming DivisionSuccessfully marketed the division for sale per the owners’ objective (to D & W Fine Pack) and achieved the owners' target multiple by:• Doubling EBITDA through lean manufacturing techniques• Improving cash flow through a 25% reduction in working capital and improving the cash cycle 15 days• Reducing raw material costs 15%• Reducing shipping costs by a third• Increasing sales through accelerated new product development

$200 M manufacturer of plastic pallets and collapsible/returnable containersPresident & General ManagerProvided enterprise leadership with full P & L responsibility to grow the business through acquisitions and organic initiatives. • Converted company from an asset-driven strategy (job shop) to a market-driven strategy• Transitioned from a manufacturer of heavy-gage plastic components to a “turn-key” solution-provider, integrating products and services for global logistics systems• Introduced Lean processes to improve the effectiveness and productivity of the organization• Formalized Supply Chain Operations to reduce working capital and improve delivery performance

$100M+ manufacturer of thermo-formed plastic packaging.President & CEOEnterprise leader with full P&L responsibility to grow business through self-funded initiatives. Leveraged company’s core technologies and reputation for product quality and service. Responsible to the Board of Directors for achieving annual sales, profits, and cash flow objectives. Worked with Board to identify potential acquisitions. Developed growth strategies. • Grew annual revenues from $40M to $105M in 4 years, raising industry ranking from 27th to 17th by entering 3 new markets and accelerating new product development.• Increased productivity from $115K/employee to $310K+/employee and maintained above industry average profit through Lean Manufacturing techniques.• Established stand-alone, wholly-owned foreign enterprise in China and joint manufacturing ventures in Mexico and the U.K.• Developed market-based strategy leading to the development of 3 core markets (Food, Retail and Medical) and became S.C. Johnson’s largest single supplier.• Lowered working capital by 30% and increased on-time customer delivery to 98.5% from 78% by installing a Tier I ERP system (Oracle).

$125M manufacturer of thermo-formed plastic containers.Vice President, Operations (1991 to 1999)Defined, implemented, and led manufacturing, engineering, and supply chain. Developed and managed capital plan and annual expenditures of $6M. Negotiated union contracts and managed company’s cost reduction program. Co-led due diligence teams for acquisitions in Guadalajara, Mexico and Los Angeles.• Grew company from $76M to $125M and personally led the efforts that won $6M and $9M contracts with both Dannon and Kraft. • Saved $5M annually and led operations to profitability within 1 year by shutting down 1 of 3 manufacturing facilities and doubling output through productivity improvement.• Delivered savings of $1M+ annually through aggressive cost reduction effort.• Introduced new thermoforming technology that changed the industry, making thermoforming the preferred manufacturing process for thin-walled polypropylene food packaging vs injection molding.