Contact Information: AT DRESNER CORPORATE SERVICES: Philip Kranz 312-780-7240 pkranz@dresnerco.com Kristine Walczak 312-780-7205 kwalczak@dresnerco.com
Schawk Announces Management Changes
| Source: Schawk, Inc.
DES PLAINES, IL--(Marketwire - April 17, 2008) - 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 Tatum
LLC, 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 School
of Management and a Bachelor of Business Administration from the University
of 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.