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KapStone CEO Roger W. Stone takes leave of absence

Staff writer |
Northbrook, Ill., USA - August 11, 2015, Northbrook, Ill., USA - KapStone Paper and Packaging Corporation announced that Roger W. Stone, the chairman chief executive officer, is taking a leave of absence for health reasons.

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Mr. Stone is Chairman of the Board and Chief Executive Officer since the Company’s inception in 2005. He was Manager of Stone-Kaplan Investments from July 2004 through December 2007. He was Chairman and Chief Executive Officer of Box USA Holdings from July 2000 until the sale of that company in July 2004.

Mr. Stone was Chairman, President and Chief Executive Officer of Stone Container Corporation from March 1987 to November 1998, when Stone Container Corporation merged with Jefferson Smurfit Corporation, at which time he became President and Chief Executive Officer of Smurfit-Stone Container Corporation until March 1999.

Mr. Stone is also Chairman of Stone Tan China Acquisition (Hong Kong) Co. Ltd. and Stone Tan China Holding Corporation. He is a former director of Smurfit-Stone Container Corporation; Morton International, Inc.; Morton Thiokol, Inc.; and Autoliv, Inc.

Mr. Stone has served on the board of directors of McDonald’s Corporation since 1989. He received a B.S. in Economics from the Wharton School at the University of Pennsylvania.

The Board of Directors appointed Matthew Kaplan, the Company’s President and Chief Operating Officer, as interim Chairman of the Board and Chief Executive Officer.

Mr. Kaplan is President, Chief Operating Officer and a director since the Company’s inception in 2005. He was Manager of Stone-Kaplan Investments from July 2004 through December 2007. He was President, Chief Operating Officer and a director of Box USA Holdings from July 2000 until the sale of the company in July 2004.

Mr. Kaplan began his career at Stone Container Corporation in 1979 and was serving as its Senior Vice President and General Manager of North American Operations when Stone Container Corporation merged with Jefferson Smurfit Corporation in November 1998. He was Vice President / General Manager Container Division with Smurfit-Stone Container Corporation and a director of the company until March 1999.

Mr. Kaplan served on the board of directors of Victory Packaging from January 2007 until late 2011. In addition, Mr. Kaplan formerly served on the board of directors of Magnetar Spectrum Fund. He is a director of the American Forest and Paper Association, the Fibre Box Association, and Pacific Millennium Paper Group Limited.

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