CINCINNATI, Aug. 13 -- Multi-Color Corporation announced today that Edward V. Allen has accepted the position of President of its Packaging Services Division.
Allen, 46, has more than 20 years of experience in operations and manufacturing in the personal care and food industries. He comes to Multi- Color from L'Oreal USA, the U.S. unit of the $17 billion international cosmetics and personal care products company, where he was Vice President of Manufacturing Operations. From 1999-2003, he was employed by Medicia Corporation, a U.S.-based contract manufacturer of personal care products and packaging, where he was eventually promoted to President.
Allen will report to Multi-Color President and CEO Frank Gerace, and will be responsible for the leadership, management, and growth of Multi-Color's packaging services business, including identifying and integrating strategic acquisitions. He replaces Gordon Bonfield, who resigned in March. Allen is a graduate of Lycoming College in Williamsport, Pa., where he received a B.A. in Business Administration.
Gerace said the selection of Ed Allen to lead Multi-Color's fastest- growing division represents the culmination of an intensive search for the right person to accelerate the growth of the division.
"Finding talented, experienced leaders who can help us achieve our aggressive growth and profitability goals is one of my key objectives," Gerace said. "By applying the principles of meticulous hiring, we have identified strong leaders like Ed Allen who can manage and grow key segments of our business, allowing me to focus on strategic matters. I'm pleased that Ed is joining us, and expect to announce more new additions to our management team in the near term."
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