Peter Atkinson takes the role with immediate effect and Sir John Ward, who was acting as executive chairman in the interim, has also announced that he will retire on 1 November. Independent non-executive director Archie Hunter will become non-executive chairman.
In a statement, Hunter said Atkinson had an outstanding sales and marketing background, in-depth business to business experience and a clear understanding of the issues facing the Scottish packaging group.
Atkinson has held sales and marketing posts at Procter & Gamble and SC Johnson and spent the last three years at US automotive and materials handling business Brambles Industries.
His immediate priority will be to restore profitability.
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