Richards Packaging Income Fund Announces Changes to Executive Office
December 21, 2020 at 11:47 pm
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Richards Packaging Income Fund announced that Gerry Glynn will be assuming a consulting role with the Fund's subsidiaries, Richards Packaging Holdings and Richards Packaging Holdings 2 Inc. and therefore will be resigning from his chief executive officer position effective by December 31, 2020. Mr. Glynn will maintain his trustee position with the Fund's Board of Trustees and all his director positions with the Fund's subsidiaries' Board of Directors. Mr. Glynn's activities under his consulting contract, which extends to May 31, 2022, will include focusing on acquisitions as well as profit improvement initiatives.
Richards Packaging Income Fund (the Fund) is a Canada-based company. The Fund owns Richards Packaging Inc. (Richards Packaging), which serves a range of customer bases throughout North America comprised of approximately 17,000 regional food, beverage, cosmetics, healthcare, and other enterprises. Richards Packaging specializes in the design, manufacture, and distribution of packaging solutions in both glass and plastic containers and closures for a variety of markets. It is engaged in the distribution of approximately 8,000 different types of packaging components and healthcare products that are sourced from over 900 suppliers and three manufacturing facilities. It sources products from glass and plastic companies both in raw materials and in finished goods. Richards Packaging services include global sourcing, inventory management, manufacturing, and packaging 101.
RICHARDS PACKAGING INCOME FUND 
