Schawk Announces Management Changes
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DES PLAINES, IL, Apr 17 (MARKET WIRE) --
Schawk, Inc. (NYSE: SGK), one of the world's leading providers of digital
imaging graphic services to the consumer products and brand imaging markets,
announced that James J. Patterson has indicated that he will step down from
his position as senior vice president and chief financial officer with Schawk
effective June 1, 2008, to pursue other interests. The Company has retained
Spencer Stuart, one of the world's leading executive search consulting firms, to
conduct a search for his replacement.
The Company also announced that Timothy J. Cunningham, a Partner with
TatumLLC, was named vice president of finance, reporting to David Schawk,
president
and chief executive officer. In his new position, Tim will be involved with
the overall management of Schawk's corporate finance and financial management
systems. His 30-year career includes positions serving as the chief financial
officer for three public companies, with industry experience in the food,
consumer products, packaging, electronics, software and technology consulting
services
segments. Most recently Tim served as chief financial officer of Pregis
Corporation and also has served as the interim chief financial officer of a $1.4
billion division of a $12 billion food company. A member of the American
Institute of Certified Public Accountants and the Illinois CPA Society, Tim has
a
Master of Business Management from Northwestern University, Kellogg Graduate
Schoolof Management and a Bachelor of Business Administration from the
Universityof Notre Dame.
"Jim has made significant contributions to Schawk during his tenure with
us,"
said Mr. Schawk. "We are fortunate to have Tim to help us during our search
for a replacement and to ensure a smooth transition."
About Schawk, Inc.
Schawk, Inc., headquartered in suburban Chicago, is one of the world's
largest
independent brand image solutions companies. Schawk delivers a broad range
of digital pre-media graphic services through 153 locations in 12 countries
across North America, Europe, Asia and Australia. Schawk designs, creates and
manages images and text for reproduction to exact specifications for a variety
of media, including packaging for consumer products, point-of-sale displays and
other promotional and advertising materials. Schawk provides its services to
the
food, beverage, health & beauty, pharmaceutical, home care and consumer
products industries. For more information, visit www.schawk.com.
AT DRESNER CORPORATE SERVICES:
Philip Kranz
312-780-7240
pkranz@dresnerco.com
Kristine Walczak
312-780-7205
kwalczak@dresnerco.com
Copyright 2008, Market Wire, All rights reserved.
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