Vardis is proud to support Platinum Equity and BWAY in its appointment of Don Pearson as Chief Financial Officer.
Don joined BWAY in June 2015 and is responsible for the overall aspects of BWAY’s financial activities. In addition, he oversees Accounting, Business Transformation, SAP Implementation, and Information Technology (IT).
With over 20 years of business transformation experience, Don has served as Chief Financial Officer for both Sparton Corporation and Amcol International. He has had significant experience in mergers and acquisitions, major financial placements, multiple SAP implementations, strategy development and deployment, and Free Cash Flow Optimization. In addition, Don has held financial positions of progressive responsibility at UPM – Kymmene Corporation, Information Resources, Inc. (IRI), Tate and Lyle, and Coopers & Lybrand.
Don holds a Bachelor’s Degree in Accounting from Augustana College, Rock Island, Illinois and a Master’s of Business Administration from the University of Chicago. He is a Certified Public Accountant.
For more than a century, BWAY has offered packaging solutions for large manufacturers, container distributors and small businesses. Today, they are a market leader in the general line packaging industry by providing rigid metal and plastic containers across North America. Their rigid metal containers include paint cans, steel pails, aerosol cans, F-style containers, monotop cans, pour top cans, ammunition boxes and an oil can. They also manufacture rigid plastic packaging including pails, drums, and hybrid paint cans. Approximately 75 percent of their business comprises general line packaging used by industrial manufacturers. Roughly 20 percent of the containers are allocated to food products. The remaining five percent accounts for production of ammunition boxes.BWAY has annual sales exceeding $1 billion.
Founded by Tom Gores in 1995, Platinum Equity is a global investment firm with more than $7 billion in assets under management and a portfolio of operating companies that generated approximately $15 billion in revenue in 2013. Platinum Equity specializes in mergers, acquisitions and operations, a trademarked strategy the firm calls M&A&O(R), acquiring and operating companies in a broad range of business markets, including manufacturing, information technology, telecommunications, transportation and logistics, media, equipment rental, metals, and other industries. Over the past 19 years, Platinum Equity has completed more than 150 acquisitions.