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Checkpoint Systems, Inc. Announces Appointment Of Marc T. Giles To Its Board Of Directors

Stocks in this article: CKP

Checkpoint Systems, Inc. (NYSE: CKP) today announced the appointment of Marc T. Giles to its board of directors, effective immediately.

Mr. Giles spent most of his career with industrial technology companies beginning in sales and marketing before expanding into management positions of increasing responsibility and global reach. In 2000, he was recruited by Gerber Scientific, Inc. to serve as President of its Gerber Technology division.

In 2001, Mr. Giles was appointed President and Chief Executive Officer of Gerber Scientific at a time when the company faced significant legal and financial problems compounded by a dramatic drop in revenues in the recession of 2000 to 2001. After taking command, Mr. Giles quickly and successfully secured the company’s future, developing a new strategic path to focus on growing its profitable portfolio of core businesses. He built up the leadership team, negotiated new debt financing, invested to build operations in China and completed three acquisitions to strengthen the business. In July 2011, he took the $600 million, publicly-listed company private.

Previously, Mr. Giles worked at FMC Corporation (NYSE: FMC) for 12 years beginning in sales and marketing. Subsequently, he directed business development for the company’s Food Machinery Group, where he executed acquisitions and divestitures that resulted in doubling group revenues and dramatically improving profitability. He then became a division manager responsible for running multiple businesses located in the United States and Europe. Mr. Giles began his career in 1978 as a territory sales representative with Norton Company, a global supplier of abrasives and high-performance ceramics.

Mr. Giles is a member of the board of directors of Lydall Corporation (NYSE: LDL). He joined Lydall’s board in 2008 and serves on the Compensation Committee and Corporate Governance Committee. In addition, he is an executive board member of Gerber Scientific. Previously, he served on the boards of the Charter Oak Chapter of the American Red Cross and the Connecticut Business and Industry Association.

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