ATLANTA, JULY 7, 2025 – Altium Packaging, one of the nation’s largest rigid plastic packaging manufacturers, announced today that Sean Fallmann is retiring after 11 years as President & CEO. John Mooers has been named as the company’s new President & CEO, effective immediately. Fallmann will remain with the company through the end of the year to support a smooth leadership transition.

Since joining Altium as CEO in 2014, Fallmann has been instrumental in the company’s growth and expansion. He led Altium’s commitment to innovation, guided the company’s reduction of its environmental impact, oversaw significant revenue and earnings growth, and oversaw 15
acquisitions.

“I’m proud of the work the Altium team and I have done together. I am excited about the many opportunities for Altium to continue to grow under John’s leadership. I’m also looking forward to my next chapter and enjoying more time with my family,” said Fallmann.

“On behalf of the Board of Directors, I want to express our deep gratitude to Sean for his outstanding leadership and commitment to Altium,” said Ben Tisch, President & CEO of Loews Corporation. “His vision and values laid the foundation for Altium’s success and helped position the company as an industry leader. We wish him all the best in his well-earned retirement.”

As the incoming CEO, Mooers will oversee the strategic and day-to-day operations of Altium, working side-by-side with the company’s executive team. He has a long history of leadership in the packaging industry and will continue to drive Altium’s strategic focus on growth, operational excellence, customer experience, and innovation.

“We are thrilled to have John leading the Altium team. Our goal was to find a leader with a similar vision not just for the company and industry, but for Altium’s corporate culture,” said Fallmann. “Our focus on integrity and community has always been a priority and enables Altium to stand apart from competitors. With John, we found someone with extraordinary strategic and leadership capabilities who equally values and will embrace our culture.”

“We are excited to work with John,” said Tisch. “He has a long and successful track record in the packaging industry, and we are confident that Altium will continue to excel under his leadership.”

Mooers comes to Altium from Silgan, where he’s worked for more than 30 years in a variety of North American and global leadership roles. Most recently he served as President of Silgan

Closures and, before that, he was President of Food and Beverage Europe, based in Austria. Mooers will be located at the Altium headquarters in Atlanta.

“I’m honored to step into this role at Altium,” said Mooers. “I look forward to the opportunity and am committed to building on the strong foundation established by Sean, whose leadership helped position Altium as an industry leader. The company’s impressive growth reflects not only its dedication to delivering exceptional products, services, and packaging solutions, but also a culture that values innovation, collaboration, and customer success. I’m excited to be part of a team that consistently drives excellence across every aspect of the business.”

About Altium Packaging
Altium Packaging is a leading North American packaging solutions provider headquartered in Atlanta, Georgia, with 60+ manufacturing plants across the United States and Canada. With the combination of our state-of-the-art design center, our dedication to innovation, customized
products and patented processes, our team of over 4,000 associates are all committed to meeting and anticipating market and customer needs. For more information about Altium, please visit our website at www.altiumpkg.com.