Veritiv to Form New Business Segment - Modern Distribution Management

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Veritiv to Form New Business Segment

Company also announces three executive appointments.

Veritiv Corp. (NYSE: VRTV), Atlanta, GA, announced plans to form a new business segment, Veritiv Services, as part of a long-term strategy designed to accelerate growth across the company. Veritiv plans to build out the new segment over the next 12-18 months; it will begin reporting as a standalone segment in 2018.

To support the new organizational structure, Veritiv made three senior executive appointments to lead Veritiv's services, print and packaging businesses.

Dan Watkoske will become senior vice president, services; Darin Tang will become senior vice president, print; and Tracy Pearson joins the Veritiv senior leadership team as senior vice president, packaging.

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