CSS INDUSTRIES, INC. ANNOUNCES APPOINTMENT OF NEW VICE PRESIDENT AND CHIEF INFORMATION OFFICER
CSS Industries, Inc. (NYSE: CSS) announced today that, effective June 19, 2017, Jeffrey DeSandre will join the organization as its new Vice President and Chief Information Officer. Effective with the commencement of Mr. DeSandre’s employment, Lois Karpinski, who currently serves in the dual roles of Senior Vice President of Mergers and Acquisitions and Business Process, and Chief Information Officer, will focus entirely on serving as the executive leader responsible for coordinating cross-functional mergers and acquisition due diligence, acquisition planning and transaction integration.
Mr. DeSandre has twenty years of experience in the information technology (IT) field, including his most recent experience as Chief Information Officer of First Quality Enterprises, a privately held manufacturer of high-quality, private-label and branded consumer products. During his tenure with First Quality, Mr. DeSandre supported the company through a period of significant U.S. and international growth. He was instrumental in developing First Quality’s overall plan to fully modernize its IT application and infrastructure architecture. Prior to his employment with First Quality Enterprises, Mr. DeSandre served for four years as CSS’ Information Technology Director. Mr. DeSandre holds a Bachelor of Arts degree from The College of New Jersey, maintains a PMP Certification from the Project Management Institute, and is ITIL Foundation certified by ITIL/IT Service Management.
“We are excited to welcome back Jeff to CSS,” said Christopher J. Munyan, President and Chief Executive Officer of CSS. “Jeff knows our business well, and we look forward to working with him as we continue to develop our IT systems to support our acquisition strategy.”
“With Jeff’s return, Lois will focus her full time attention on acquisition due diligence, planning and integration,” continued Mr. Munyan. “Over the years, Lois has been significantly involved with our acquisition activities, including our December 2016 acquisition of the assets of The McCall Pattern Company, and we are excited by the joint contributions Lois and Jeff will provide as we continue to focus on our strategy to grow organically and through acquisition in the seasonal, celebrations and craft markets.”
About CSS Industries
CSS is a consumer products company within the seasonal, celebrations and craft markets that is primarily engaged in the design, manufacture, procurement, distribution and sale of seasonal, celebrations and craft social expression products, principally to mass market retailers. These products include craft ribbon and buttons, packaging ribbon and bows, sewing patterns, classroom exchange Valentines, infant products, journals, fashion buttons, boxed greeting cards, gift tags, gift card holders, gift bags, gift wrap, decorations, floral accessories, craft and educational products, Easter egg dyes and novelties, memory books, scrapbooks, stickers, stationery and other items that commemorate life’s celebrations.
FOR FURTHER INFORMATION PLEASE CONTACT:
Christopher J. Munyan
President and Chief Executive Officer