Checkpoint Systems names new director
THOROFARE, N.J. — Checkpoint Systems, a provider of shrink protection solutions, has named Marc Giles to its board of directors, effective immediately.
Giles spent most of his career with industrial technology companies beginning in sales and marketing before expanding into management positions of increasing responsibility and global reach. In 2000, he was recruited by Gerber Scientific, Inc. to serve as president of its Gerber Technology division.
In 2001, Giles was appointed president and CEO of Gerber Scientific at a time when the company faced significant legal and financial problems compounded by a dramatic drop in revenues in the recession of 2000 to 2001. After taking command, Giles quickly and successfully secured the company’s future, developing a new strategic path to focus on growing its profitable portfolio of core businesses. He built up the leadership team, negotiated new debt financing, invested to build operations in China and completed three acquisitions to strengthen the business. In July 2011, he took the $600 million, publicly-listed company private.
Previously, Giles worked at FMC Corporation (FMC) for 12 years beginning in sales and marketing. Subsequently, he directed business development for the company’s Food Machinery Group, where he executed acquisitions and divestitures that resulted in doubling group revenues and dramatically improving profitability. He then became a division manager responsible for running multiple businesses located in the United States and Europe. Mr. Giles began his career in 1978 as a territory sales representative with Norton Company, a global supplier of abrasives and high-performance ceramics.
William Antle, Checkpoint’s chairman of the board, commented, “I am delighted that Marc has agreed to join Checkpoint’s board. His considerable experience leading companies through major turnarounds will be invaluable in light of the strategic shift and operational changes taking place at Checkpoint. He brings to the board particular strengths in strategic planning, business development, mergers and acquisitions and finance. I look forward to his contributions as we work to grow Checkpoint’s platform while ensuring improved profitability.”
Mr. Giles has a bachelor’s degree in economics from Union College.