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MCC welcomes Kathleen Phelps as new CFO

She brings more than 20 years of financial leadership experience across private equity-backed and publicly traded companies in the manufacturing and industrial sectors.

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By: Greg Hrinya

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Multi-Color Corporation (MCC) has announced Kathleen Phelps as its new chief financial officer (CFO), effective October 13, 2025.

Phelps brings more than 20 years of financial leadership experience across private equity-backed and publicly traded companies in the manufacturing and industrial sectors. She is a seasoned strategic finance executive with deep expertise in capital allocation, portfolio strategy, M&A execution, and enterprise transformation. These capabilities are especially critical as MCC continues to evolve and position itself for long-term, sustainable growth.

Most recently, Phelps served as CFO of FORTNA, a $1.4 billion global distribution automation company, where she secured $375 million in incremental liquidity to support growth and operational flexibility. Prior to that, she was CFO of Argos USA, where she led the company through a $3.2 billion sale to Summit Materials. Earlier in her career, she held senior finance roles at WestRock and Newell Brands, where she led global business units through margin improvement initiatives, acquisition integrations, and investor communications.

“Kathleen’s experience leading through transformation and delivering results in complex, global environments makes her an ideal fit for MCC at this pivotal moment,” says Hassan Rmaile, CEO of MCC. “Her strategic mindset and operational discipline will be instrumental in aligning our financial strategy with our broader business priorities as we continue to unlock long-term value.”

Phelps is known for her ability to scale finance and IT functions, lead complex transactions, and drive enterprise-wide accountability. At MCC, she will play a critical role in shaping the financial strategy and enabling the next phase of transformation and growth.

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