JERSEY CITY, N.J.–(BUSINESS WIRE)–BCPE Empire Topco, Inc. and its subsidiary Imperial Bag & Paper Co LLC (Imperial Dade) today announced their Chief Financial Officer, Marc Mongulla, will be leaving the company to pursue a new opportunity, effective August 30, 2019.
While the company performs an executive search to identify a successor to Mr. Mongulla, Paul M. Cervino, Imperial’s former Chief Financial Officer and current Chief Administrative Officer, will temporarily re-assume the role of CFO. Mr. Cervino has been with Imperial for 10 years, serving in various financial and administrative roles.
“On behalf of everyone at Imperial and our Board of Directors, I want to thank Marc for his financial leadership and many contributions during his tenure as CFO. We wish him success in his new endeavor,” said Robert Tillis, chief executive officer. “We have full confidence in Paul’s ability to lead our finance operations, and we expect a smooth transition. We are grateful for his experience and leadership while our search is underway for a new chief financial officer. We look forward to updating our financial partners on our second quarter financial results in our next earnings call.”
“I have enjoyed working at Imperial, and I wish the company well. I remain fully committed to helping Paul and the Imperial team ensure a seamless transition,” said Mr. Mongulla.
About Imperial Dade
Founded in 1935, Imperial Dade is a leading distributor of disposable food service and janitorial supplies in the Northeast, Mid-Atlantic, Southeast, Southwest and Midwest regions and Puerto Rico. Since CEO Robert Tillis and President Jason Tillis assumed their roles in 2007, the company has grown both organically and through acquisitions to become a leader in the disposable food service and janitorial supplies industry. For additional information, please visit www.imperialdade.com.
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