Mississauga (ON), June 23,2020 - KP Tissue Inc.(“KPT”), which holds a limited partnership interest in Kruger Products L.P. (“KPLP”),announces that Michael Korenberg has, effective today’s date, resigned as Chairman and a director of KPTand as a director of KPGP Inc., the general partner of KPLP.
We sincerelyt hank him for his four years of service and leadership on the Board. With Mr. Korenberg's resignation, KPT is now seeking the appointment of a new independent director on its board, who will also serve as a nominee of KPT on the board of KPGP Inc.
About KP Tissue Inc.
KP Tissue Inc. (KPT) was created to acquire, and its business is limited to holding, a limited partnership interest in KPLP. For more information visit www.kptissueinc.com.
About Kruger Products L.P.
Kruger Products L.P. is Canada's leading manufacturer of quality tissue products for household, industrial and commercial use. Kruger Products L.P. serves the Canadian consumer market with such well-known brands as Cashmere®, Purex®, SpongeTowels®, Scotties® and White Swan®. In the U.S., Kruger Products L.P. manufactures the White Cloud® brand, as well as many private label products. Kruger Products L.P. has approximately 2,500 employees and operates eight FSC® CoC-certified (FSC® C104904) production facilities in North America. For more information visit www.krugerproducts.ca.
Source: KP Tissue