BOCA RATON, FLA. (Aug. 5, 11:55 a.m. ET) — Long-time packaging executive Jack Knott has been named managing director of investment firm Sun Capital Partners Inc.
Boca Raton-based Sun Capital specializes in leveraged buyouts and investments, and its packaging sector holdings currently include Exopack Holding Corp., Albéa, Britton Group, PACCOR and PaperWorks Industries Inc.
Knott has more than 30 years of experience in packaging and petrochemicals, most recently as chairman and CEO of Exopack. He has also held positions at Pliant Corp., Huntsman Packaging, Rexene Corp. and CT Film.
Knott will remain chairman of Exopack. Tom Vale, the company's president and chief operating officer, will serve as interim CEO.