Csafe Global appoints Jeff Pepperworth as new CEO

March 30, 2018: Leading cold chain packaging solutions provider,
CSafe Global recently appointed Jeff Pepperworth as its new chief executive officer.

He succeeded Brian Kohr, who resigned as CEO, but will
continue to remain on CSafe’s board of directors.

Pepperworth is a veteran healthcare and supply chain
professional, with decades of leadership experience.

“I am extremely proud of what we have accomplished at CSafe,
and would like to thank the entire CSafe team with whom I have had the pleasure
to work,” said Kohr.

“CSafe’s remarkable track record of innovation and
achievements till date will help in positioning the company, and open up growth
opportunities in the future. I have every confidence that Jeff will help in
driving the company to its next level of success, and evolve as a global market
leader, while continuing to provide the best possible products, and services to
our customers and partners. I look forward to contribute to the mission of
CSafe, as a member of the board of directors,” said Kohr.

In the past, Pepperworth served as president of the healthcare
division of Inmar Inc, a leading provider of technology-driven pharmacy returns
management, and third-party pharmacy management solutions.

During his stint with Inmar, Pepperworth also served as president
of its supply chain division, where he was responsible to oversee all its
supply chain and healthcare-related services.

He also served as senior director of materials management at
Cleveland Clinic. He has also held several senior leadership positions at UPS,
including senior vice president of Global Logistics and Distribution, vice president
of Central US Operations, and vice president of Transportation.

“I am honored, and excited by the opportunity to lead this
great company,” said Pepperworth.

“With a team of some experienced industry professionals,
CSafe is uniquely positioned to continue to expand its global network of
partners, service centers, support staff, sales representatives, and
distributors. I look forward to working with Brian, the board, and the rest of
the CSafe team, as we continue to enhance our existing product offerings, and
identify new cold chain packaging solutions to better serve our
biopharmaceutical and life science customers’ evolving needs, while leveraging
our global capabilities, outstanding solutions, and incredible customer
service,” said Pepperworth.

“We are thrilled to welcome Jeff as CEO. He is a leader who
brings a wealth of healthcare and supply chain experience in a wide range of
executive roles. Jeff will lead the company that is producing record revenue
and earnings, and we fully expect that his enthusiasm and experience will
propel CSafe to even greater heights,” said Joshua Nelson, managing director, Thomas
H. Lee Partners.

“We also thank Brian for his thoughtful leadership as CEO,
and sincerely appreciate his vision as he helped build CSafe into one of the
world’s leading experts in cold chain packaging solutions. Additionally, we are
pleased that Brian will continue to serve on our board of directors as our
partner in this investment, which will allow CSafe to continue to benefit from
his experience and knowledge of the industry,” Nelson.

He is experienced in Total Quality Management, ISO9002, Six
Sigma, lean manufacturing, warehouse management and logistic systems. He holds
a Bachelor of Science degree from Purdue University, and is a graduate of the
Advanced Management Program, at the Harvard Business School.