CSS CSS Industries Inc.

CSS Industries, Inc. Announces Appointment of New Executive Vice President of Operations

CSS Industries, Inc. (NYSE: CSS) announced today that, effective March 13, 2017, John S. White will join the organization as its new Executive Vice President of Operations. Effective with the commencement of Mr. White’s employment, Christian A. Sorensen, who currently serves in the role of Executive Vice President of Operations, will transition to the role of Senior Vice President Finance – Supply Chain.

Mr. White has thirty years of global leadership experience in managing and improving supply chain performance for DuPont (NYSE:DD). During his tenure with DuPont, Mr. White served in various senior operations positions, most recently serving as the Manufacturing Director of DuPont Performance Materials, where he was responsible for multiple operations in DuPont’s Americas Region. In such role, he was involved in developing an “Integrated Supply Chain” readiness and change management plan in connection with DuPont’s planned merger with Dow Chemical Company. During his long career with DuPont, Mr. White was responsible for leading supply chain operations, including sourcing, logistics, demand driven fulfillment and manufacturing, in the United States, Asia, and Europe. Mr. White holds a Bachelor of Science, Electrical Engineering from Texas A&M University and a Master of Business Administration from the University of Delaware. He also is an APICS certified supply chain professional and is a certified Six Sigma Black Belt.

“We are excited to welcome Jack to CSS,” said Christopher J. Munyan, President and Chief Executive Officer of CSS. “With Jack’s extensive background as a global operations executive, we look forward to benefitting from his manufacturing and supply chain expertise and insights.”

“We also appreciate Chris Sorensen’s dedicated service to CSS,” continued Mr. Munyan. “Since 1996, Chris has served in various operational and financial capacities at CSS, including his service since July 2015 as our Executive Vice President of Operations. We value Chris’ financial and supply chain experience, and we expect him in his new role to continue to help us achieve our financial and operational goals. Jack and Chris both will provide essential expertise as we continue to pursue our strategy to grow organically and through acquisition in the craft, seasonal and celebrations markets.”

About CSS Industries

CSS is a consumer products company within the craft, seasonal and celebrations markets that is primarily engaged in the design, manufacture, procurement, distribution and sale of all occasion and seasonal social expression products, principally to mass market retailers. These all occasion and seasonal products include craft ribbon and buttons, packaging ribbon and bows, sewing patterns, classroom exchange Valentines, infant products, journals, fashion buttons, boxed greeting cards, gift tags, gift card holders, gift bags, gift wrap, decorations, floral accessories, craft and educational products, Easter egg dyes and novelties, memory books, scrapbooks, stickers, stationery and other items that commemorate life’s celebrations.

EN
23/02/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CSS Industries Inc.

MarketLine Department
  • MarketLine Department

American Greetings Corporation - Mergers & Acquisitions (M&A), Partner...

Summary Marketline's American Greetings Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by American Greetings Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive b...

3 directors bought

Three Directors at CSS Industries Inc bought 4,747 shares at between 14.279USD and 14.540USD. The significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors...

 PRESS RELEASE

Stephen P. Crane Joins CSS Industries’ Board of Directors

PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)-- CSS Industries, Inc. (NYSE: CSS) is pleased to announce that Stephen P. Crane has been elected as a member of the Board of Directors of the Company. Mr. Crane brings more than 40 years of experience advising both private and publicly held companies on accounting, auditing, private capital, mergers and acquisitions, initial public offerings and subsequent registrations with the U.S. Securities and Exchange Commission. He also has provided executive and financial guidance with other business issu...

 PRESS RELEASE

CSS Industries Reports Fiscal 2018 Third Quarter Results

PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)-- CSS Industries, Inc. (NYSE: CSS), a leading consumer products company serving the seasonal, celebrations and craft markets, today announced results for its fiscal third quarter ended December 31, 2017. Net sales in the third quarter of fiscal 2018 were $130.6 million compared to $117.2 million in the third quarter of fiscal 2017, driven by higher craft sales, partially offset by lower seasonal sales. Sales attributable to The McCall Pattern Company business (“McCall”), which was acquir...

 PRESS RELEASE

CSS Industries, Inc. Declares Quarterly Cash Dividend

PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)-- CSS Industries, Inc. (NYSE:CSS), a leading consumer products company serving the seasonal, celebrations and craft markets, today announced the declaration of a quarterly dividend of $0.20 per share. The dividend will be payable on March 15, 2018 to stockholders of record at the close of business on March 1, 2018. About CSS Industries, Inc. CSS is a creative consumer products company, focused on the craft, celebrations and seasonal categories. For these design-driven cat...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch