(Courtesy of the Jacksonville Business Journal) – Mac Papers and Packaging, one of the largest paper and packaging distributors in the Southeast, announced Monday the appointment of Charles Paquin as the company’s new CEO.
Prior to joining Mac Papers and Packaging, Paquin served as president and CEO of ModSpace Corporation, a North American leader in turnkey modular space and portable storage. During Paquin’s 15-year tenure as CEO, he led the acquisition of General Electric’s modular space division and spearheaded the sale of ModSpace to its primary competitor, WillScot.
“Charles brings valuable expertise to the role, including deep experience with a complex branch-based distribution business, a strong financial background and extensive executive leadership experience,” said Stephen Presser, co-founder and partner at Monomoy Capital Partners — the private equity firm that acquired Mac Papers and Packaging in 2020 — in a release.
“We’re confident that Charles will do a fantastic job leading the company, working closely with the impressive senior leadership team already in place as they focus on delivering top-notch customer service and strategically growing the business.”
Previously, Paquin served as the chief financial officer for Volvo Commercial Finance North America for approximately six years. He began his career on General Electric’s corporate audit staff.
President and COO Rick Mitchell, who announced his decision to retire late last year, will remain with the company for an appropriate transition period.
“We greatly appreciate Rick’s many contributions, most notably his dedicated leadership through Monomoy’s acquisition of the company and skillfully steering the ship throughout the challenges presented by the pandemic,” Presser said in the release. “I know the entire Mac Papers and Packaging team joins all of us at Monomoy in wishing Rick the very best in his well-deserved retirement.”
Mac Papers and Packaging is a distribution partner for paper and print, packaging materials and equipment, wide format products and equipment, facility supplies, and office products. The company also converts and prints an extensive range of standard and custom envelopes at its converting facility in Jacksonville. The First Coast city is also home to the company’s headquarters.
Mac Papers and Packaging is owned by Monomoy Capital Partners, a private equity firm with $1.6 billion in committed capital that invests in middle-market businesses in the manufacturing, industrial, distribution and consumer products sectors.