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Vardis Supports Cosmo Specialty Fibers & The Gores Group

Vardis Proud To Support The Gores Group In Appointing Nicholas B. Dottino As Chief Executive Officer

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Nicholas B. Dottino, the new CEO, was previously an executive in the non-discretionary consumer products, paper, packaging, and point of purchase sectors in North America, Asia, and Europe working with Weyerhaeuser, Southern Container Corp, RockTenn (today known as WestRock), and a privately-held consumer products company.

He has served as a Director on the Boards of numerous private companies, as well as industry and charitable organizations, both domestically and internationally. He brings almost 30 years of expertise in the manufacturing and consumer products industries, where he has a proven track record of delivering top down and bottom up results to multi-billion dollar organizations. 

“We are very excited to have attracted such a world-class executive to the Company and we are thrilled at the prospect of Nick leading Cosmo into its next chapter,” said John Danner, Managing Director of The Gores Group. “Nick brings almost 30 years of expertise in the manufacturing, consumer products, and pulp and paper industries, where he has a proven track record of delivering top-down and bottoms-up results to organizations.”

“I am very excited to join the Cosmo team and I appreciate the confidence Mike, Gores and the Board of Directors have placed in me,” said Mr. Dottino.

Cosmo Specialty Fibers, Inc. is a leading dissolving wood pulp (DWP) mill with a capacity of more than 160,000 tons annually and the capability to produce a wide range of High Purity Cellulose (“HPC”) softwood-based products. The Company utilizes a highly flexible magnesium-based acid sulfite production technology. Cosmo is strategically located in Cosmopolis, WA with an abundant local wood fiber supply and preferred marine access to Asian markets. The mill employs over 158 team members and proudly supports local area vendors and the community.

The Gores Groupfounded in 1987 by Alec Gores, is a global investment firm focused on partnering with differentiated businesses that can benefit from its extensive industry knowledge, decades long experience and flexible capital base. Over its 30 year history, the firm has developed a deep understanding of and appreciation for building businesses and creating value alongside management. Headquartered in Los Angeles, The Gores Group maintains offices in Greenwich, CT and Boulder, CO.

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