PHILADELPHIA -- (Business Wire)
CSS Industries, Inc. (NYSE: CSS) is pleased to announce that Robert E.
Chappell has been elected as a member of the Board of Directors of the
Company. Mr. Chappell has significant experience as a leader and
director of multiple publicly-held and privately-held companies. A
former director of the Federal Reserve Bank of Philadelphia, he
currently serves as Chairman of The Penn Mutual Life Insurance Company
(“Penn Mutual”) and as a director of the Quaker Chemical Corporation
(NYSE:KWR) and of the South Chester Tube Company. Mr. Chappell joined
Penn Mutual as president in January 1994 and was named chief executive
officer in April 1995. He retired as Penn Mutual’s chief executive
officer in March 2011.
In announcing Mr. Chappell’s election, Jack Farber, Chairman of the
Board of CSS, said, “We are fortunate to have Bob join CSS Industries as
a member of our Board of Directors. We believe that Bob’s outstanding
leadership qualities and business acumen will be an asset to our Board
of Directors, and we look forward to his participation in the Board’s
deliberations and actions.”
CSS is a consumer products company primarily engaged in the design,
manufacture, procurement, distribution and sale of seasonal and all
occasion social expression products, principally to mass market
retailers. These seasonal and all occasion products include decorative
ribbons and bows, boxed greeting cards, gift tags, gift wrap, gift bags,
gift boxes, gift card holders, decorative tissue paper, decorations,
classroom exchange Valentines, floral accessories, Easter egg dyes and
novelties, craft and educational products, stickers, memory books,
stationery, journals, note cards, infant and wedding photo albums,
scrapbooks, and other gift items that commemorate life’s celebrations.
CSS Industries, Inc.
Christopher J. Munyan
President and Chief
Source: CSS Industries, Inc.