PaperWorks Industries, Inc. has announced the appointment of Brian Janki to the posts of President & CEO and member of the Board of Directors effective May 10, 2021. Mr. Janki replaces C. Anderson “Andy” Bolton.
“I am extremely excited to join PaperWorks,” says Janki. “PaperWorks is an outstanding company with a great market reputation, and I look forward to serving our customers and working collaboratively with our team members on safely and successfully executing our strategy.”
Mr. Janki most recently served as an advisor to the PaperWorks Board of Directors, and previously as President & CEO of Dunn Paper.
Mr. Janki has deep industry experience working with vertically integrated companies in recycled board substrates and folding carton segments. Prior to joining Dunn Paper, Mr. Janki held key leadership roles in Mill, Packaging, and Specialty Papers business units at Caraustar, Greif, and Glatfelter.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements represent management’s current expectations and are based upon information available to the Company at the time of this press release. Statements in this press release that are not historical or current facts are “forward-looking statements.” Such forward-looking statements include statements using words such as “anticipate,” “expect,” “believe,” “continue,” “will,” “may,” “estimate,” “assume,” “presume,” “pursue,” “outlook,” “plan,” “goal,” “milestone” and similar expressions. Such statements are subject to a number of risks, uncertainties and assumptions that may cause actual results, developments, or achievements to differ materially from those projected or implied in these statements including, but not limited to, potential limitations on the Company’s ability to maintain contracts and other critical business relationships; risks associated with general economic and business conditions; requirements for adequate liquidity to fund its operations in the future, including obtaining sufficient financing on acceptable terms; other matters related to its indebtedness; and the risk factors and known trends and uncertainties described in the Company’s most recent periodic reports provided to Noteholders.
Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.