Veritiv Expands Board with New Appointments
In a significant move to bolster its leadership, Veritiv Operating Company has officially appointed Rajeev Bhalla and Suzan Morno-Wade to its board of directors. This announcement marks a crucial step in the company's ongoing strategy to enhance its operational oversight and expand its governance expertise.
Veritiv, recognized as a frontrunner in specialty packaging distribution, is dedicated to strengthening its strategic initiatives as it continues to serve a diverse range of industries. Rajeev Bhalla, who is set to chair the Audit Committee, brings a wealth of financial and strategic experience. His past roles include serving as the Executive Vice President and Chief Financial Officer at CIRCOR International, where he played a pivotal role in the company’s transformative acquisitions and divestitures. Mr. Bhalla’s extensive background includes leadership positions across various aerospace and defense firms like Lockheed Martin, Pratt Whitney, and Sikorsky, showcasing his deep understanding of complex financial environments.
Meanwhile, Suzan Morno-Wade, taking charge of the Compensation and Leadership Development Committee, offers profound human resources expertise rooted in her previous role as Executive Vice President and Chief Human Resources Officer at Xerox Corporation. Ms. Morno-Wade has an impressive track record of managing crucial aspects of HR, including talent development, employee relations, and executive compensation strategies. Her knowledge will be instrumental in shaping Veritiv’s organizational culture and employee engagement efforts.
Sal Abbate, Veritiv’s CEO, expressed confidence in the new appointments, noting that both Bhalla and Morno-Wade are expected to significantly contribute to the company’s strategic goals. Their experiences and backgrounds should prove invaluable as Veritiv continues to pursue its growth strategy and enhance the value it provides to customers.
Mr. Bhalla’s current role as an operating partner for several private equity firms underlines his ability to drive strategic change in various business contexts. On the other hand, Ms. Morno-Wade’s previous engagements with leading companies such as General Electric and Hess Corporation reflect her versatility and depth in HR strategy and implementation.
Furthermore, John Stegeman, Chairman of Veritiv’s Board, highlighted the importance of their leadership qualities, emphasizing how their diverse experiences equip them to guide Veritiv into its next growth phase. The board anticipates leveraging Bhalla’s financial strategies and Morno-Wade’s human capital management to optimize operational efficiencies and foster a progressive workplace culture.
Veritiv, headquartered in Atlanta, is not only a prominent provider of packaging solutions but also offers a range of services, including printing and publishing products. With distribution centers across the U.S. and Mexico, the company is well-positioned to support its client base both domestically and internationally.
As Veritiv embarks on this new chapter with Bhalla and Morno-Wade, stakeholders are keenly watching how these appointments will affect the company’s trajectory in a rapidly evolving market. The leadership team is set to navigate the complexities of the business landscape with renewed vigor, setting the stage for future successes.
For more information on Veritiv and its services, visit
www.veritiv.com.