Packaging Vet Joins LaSalle Capital Group

Frank Tannura has joined LaSalle Capital Group as a senior operating advisor. He previously was CEO of Packaging Dynamics Corporation.

PRESS RELEASE

LaSalle Capital Group, L.P. (“LaSalle”) is pleased to  announce that Frank Tannura has joined the firm as a Senior Operating Advisor effective October 1, 2009.  Mr. Tannura is an accomplished executive with over twenty-five years of leadership experience in the packaging industry.

Prior to joining LaSalle, Mr. Tannura served as Chief Executive Officer of Packaging Dynamics Corporation where he was instrumental in growing the company from a specialty bag producer with $125
million revenue to a vertically integrated flexible packaging leader with $800 million in revenue, 2,500 employees and 12 production plants.  Prior to Packaging Dynamics, Mr. Tannura spent 18 years
with Ivex Packaging Corporation, working his way from Corporate Controller to Executive Vice President and Chief Financial Officer.

During Mr. Tannura’s career with Ivex, the company grew from $100 million to $1 billion in revenue with 3,600 employees working in 29 production plants.  Prior to Ivex, Mr. Tannura began his career as a Senior Auditor at Price Waterhouse.  He has a BBA from Loyola University Chicago and an MBA from the University of Texas at Austin.

Jeff Walters and Rocco Martino, Co-Founders of LaSalle, noted: “We are excited to have Frank join our team as our fourth Senior Operating Advisor.  Frank’s extensive leadership and operating expertise will provide a valuable contribution to our current and future portfolio companies.”