Industrial Opportunity Partners (“IOP”), a private equity firm based in Evanston, Ill., is pleased to announce that Eli Carmeli will be joining El Dorado Packaging as President and CEO effective June 4, 2018.
Eli joins the El Dorado Team to continue his successful career in the packaging industry. His most recent role was CEO and President of Scholle IPN, a privately-held manufacturer of flexible “clean” and aseptic packaging with 2,100 employees in 14 locations across 10 countries. Prior to that he was SVP, Packaging at HAVI Global Solutions. He also served as GM and VP at Global Closure Systems and as President and CEO at Vitex Packaging, a Private Equity owned flexible consumer products packaging company producing printed roll stock and pouches for leading brands like Unilever/Lipton and Starbucks.
Jim Todd, IOP Operating Principal and Chairman of the Board for El Dorado Packaging believes Eli is a “perfect fit to lead the Company”. Eli has a wealth of experience in Private Equity as well as Fortune 500 companies. He will continue the focus and momentum on operational improvements that have already been initiated at El Dorado Packaging. With his leadership and experience in both operations and finance, combined with his knowledge of packaging sales, Eli will take El Dorado Packaging to the next level.