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Clearlake Capital-backed Mold-Rite Packaging appoints CEO

Mold-Rite Packaging (MRP), a provider of value-added packaging components, such as child-resistant closures, dispensing closures, and jars to a variety of end-markets with a focus on health & wellness segments, has appointed Jim Fitzgerald as CEO and a member of the Board of Directors.

Mold-Rite Packaging (MRP), a provider of value-added packaging components, such as child-resistant closures, dispensing closures, and jars to a variety of end-markets with a focus on health & wellness segments, has appointed Jim Fitzgerald as CEO and a member of the Board of Directors.

MRP is majority-owned by an affiliate of Clearlake Capital Group, which invested in the Company in October 2021. Having served as President and CEO for 11 years, outgoing CEO Brian Bauerbach will retire from full-time duties, but continue to partner with MRP and Clearlake as a member of the Board of Directors.
 
Fitzgerald has over 30 years of experience leading organisations in manufacturing focused on health and wellness markets. Prior to joining MRP, he served as President and CEO of Flexan, as well as Chief Operating Officer of The Institute for Transfusion Medicine and Executive Vice President for Vesta (now a Lubrizol subsidiary).

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