Jack E. Knott has worked for more than 30 years in the packaging and petrochemical industries and assumed the leadership of Exopack Holding Corp. in October 2005. The firm, whose operational headquarters are in Spartanburg, S.C., is an affiliate portolio company of Boca Raton, Fla.-based Sun Capital Partners Inc. (www.suncappart.com).
Exopack Holding (www.exopack.com) is a leading flexible packaging converter and supplier of paper and plastic packaging for the food, industrial and medical industries. Its products range from mono-film overwraps to multilayer laminations, vacuum pouches, polymer-based roll stock materials for stand-up reclosable pouches and bag-in-box applications, consumer and industrial paper products, and microwave packaging.
The firm manages 18 production facilities 17 across North America and one in the United Kingdom and a global network of alliance partners. It reported North American film-related sales of about $350 million in its most recent full fiscal year. In late 2007 the group's Exopack Performance Films Inc. unit acquired DuPont Co.'s performance films business and related production plant in Whitby, Ontario.
Knott, who works out of Chicago, has held several executive management positions in the financial and packaging industries, including posts with Ronin Partners LLC, Pliant Corp., Rexene Corp., Huntsman Packaging Corp. and CT Film. He also has served as the chairman of the Flexible Packaging Association (www.flexpack.org) and has served on numerous boards, including those of AET Films, Pliant and Rexene.
To date, Knott said his efforts have helped create realized value and equity improvements that total $1.16 billion with four different business enterprises. With experience in diverse capital structures, Knott has been involved in several mergers and acquisitions, joint ventures, leveraged buy-outs, divestitures, initial public offerings and start-ups.
He earned a bachelor of science degree in chemical engineering and an MBA from the University of Wisconsin, and also studied mixing technologies at the Karlsruhe Institute of Technology in Germany.