Winpak Ltd. announced the retirement of Larry Warelis, the Company's Chief Financial Officer. After 25 years with the Company in various senior administration roles, the last five as CFO, Mr. Warelis has decided to retire, effective April 29, 2022. Replacing him as company's new CFO on that date will be Scott Taylor.

Mr. Taylor joined the company in 1999 and has been in the role of Director of Corporate Accounting &Treasury since 2017. He has worked directly with Mr. Warelis for 23 years and is well versed on the various facets and responsibilities that are related to the CFO position.