MCC Appoints Industry Leader David Scheible as Interim CEO

Board Chairman David Scheible Appointed Interim CEO; Kevin Kwilinski to Depart MCC

Chicago, Illinois – August 15, 2023 – Multi-Color Corporation (“MCC”) announced today that effective October 2, 2023, MCC Board Chairman and seasoned packaging executive David Scheible will serve as interim CEO following the announcement that Kevin Kwilinski, Chief Executive Officer, will be departing the company to pursue another opportunity. MCC has initiated the search process for a permanent replacement.

Scheible is the former Chairman and CEO of Graphic Packaging, the world’s largest manufacturer of paper-based folding cartons for the consumer food and beverage markets, and before joining Graphic, he held senior leadership positions at Avery Dennison.  He has deep experience with both MCC’s customer and supplier base.

“MCC is on a strong glide path to market leadership in the industry, as we have transformed into the world’s largest prime label supplier by revenue, enhancing the company’s scale and diversification across label technologies, end categories, geographies and customers,” said David Scheible. “We are excited about the future and have the utmost confidence in the current leadership team to continue to drive the business forward.”

About MCC Multi-Color Corporation (MCC) is a global leader in prime label solutions, providing innovative and sustainable solutions to some of the world’s most recognizable brands across a broad range of consumer-oriented end categories. MCC is committed to delivering the world’s best label solutions for their customers to build their brands and add value to the communities in which they operate.