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Management Side
Phoenix Paper/GWCC announces new President and CEO Michael Grimm

WICKLIFFE, Kentucky (News release) -- Global Win Capital Corporation (GWCC) ultimately owned by Shanying International, announced the appointment of Michael Grimm as its new president and chief executive officer. Grimm assumes day-to-day leadership of the North American business unit and underlying investment in North America which includes Phoenix Paper Wickliffe LLC. Mr. Grimm brings more than 30 years of relevant manufacturing experience to his new role.

The announcement was approved by the board of directors of GWCC and was shared by Henry Yan Vice President of Shanying International, who remarked that Grimm was a "standout in a long, intensive international search." Henry also added, "Mike is a strong match for what we were looking for to lead the North American business unit. He brings direct experience in the Uncoated Freesheet market as well as a solid track record of leading manufacturing organizations through highly successful operational and commercial transformations. We welcome Mike and are excited about the extensive knowledge and experience he brings to Phoenix Paper."

Grimm brings a broad manufacturing background with him to GWCC/Phoenix. Grimm has spent much of his career in the paper industry in numerous roles starting as an entry level engineer with the Mead Corporation and most recently as Vice President of operations for DS Smith located in Atlanta, Georgia. Before joining DS Smith, Grimm served as President and CEO of American Eagle Paper Mills and held several executive roles at Seton Company, a global automotive interiors supplier. During this time Grimm served as, General Manager of Interiors Division, Vice President of Global Engineering, and Chief Information Officer.

Grimm earned a bachelor's degree in Engineering at Penn State University and has also completed several executive courses from both the Harvard Business School and the Wharton School at the University of Pennsylvania.

"Phoenix Paper has such a fantastic story and is a pillar of the western Kentucky community," said Grimm. "I firmly believe that there is big potential for the Wickliffe Paper Mill, and I am excited to contribute to the team's success. I am looking forward to joining the team and working hard at sustainable growth for future generations of employees in Kentucky."

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