Nicolas Lorenz, Chief Commercial Officer at PACCOR, will be leaving the company by end of September. The Management Board takes the opportunity to thank Nicolas for his contributions in developing PACCOR over the past eight years. He has been a valued and well-known leader of our commercial team and a strong brand ambassador for PACCOR.
Following its strategy to strengthen local decision-making, the Management Board has decided to streamline the team and not to appoint a new Chief Commercial Officer in the new organization. With immediate effect, all Regional Sales Managers will report to their Regional or Country leaders, while continuing to focus on serving customers the way they know and expect it from PACCOR.
At PACCOR Group level, a new position will be established focussing on Strategic Sales. Michael Schorn, currently Regional Sales Manager DACH and Netherlands, has agreed to take on the role of Vice President Strategic Sales to functionally lead PACCOR’s sales team going forward. Michael is predestined for this position with his profound market knowledge, network, and experience. In addition to his future role as VP Strategic Sales, Michael will continue to serve as Managing Director for Germany. In both functions, Michael will report directly to Kilian Braunsdorf, CEO of PACCOR.
The Key Account Organization led by Steffen Meyer-Feldmann will continue to work cross-regional and report directly to Kilian given the importance of PACCOR’s largest customers.
In addition to these organizational changes, a number of key business decisions have been taken to strengthen the focus on PACCOR’s product portfolio and improve its sustainability proposition:
- As the PS vending business does not match PACCOR’s sustainability ambition and has been severely affected by the SUP Directive implemented last year, the Management has taken the decision to discontinue the business. The last customer orders will be produced and delivered, after which the business will be terminated.
- Similarly, the non-food PVC business of PACCOR Hungary does not meet PACCOR’s sustainability standards. To strengthen focus by shifting towards recyclable packaging, PACCOR Management decided to discontinue this business as well. The respective customers have already been informed, and last deliveries will be made according to the agreements made.
- Recently, PACCOR has started activities in the wet (and dry) fibre packaging sector. These activities will also be discontinued as PACCOR does not believe the material will meet the demanding requirements of true circularity in future food packaging. As part of the Faerch Group being the first plastic food packaging provider with integrated recycling capabilities, PACCOR can offer superior solutions based on mono-PET which already today can be made from recycled material and fully recycled back into new food packaging again and again.
Finally, to make the transition to the Faerch Group clear to the outside world, the PACCOR brand will be extended to "PACCOR – a part of Faerch " with immediate effect.
Vice President Group Communications & Marketing