Los Angeles, United States: The Gores Group, LLC has announced that Michael W. Entz has been named Chief Executive Officer of Cosmo Specialty Fibers, Inc., which was formed as part of its acquisition of the Cosmopolis high purity cellulose mill from Weyerhaeuser Company. Mr. Entz will be responsible for overseeing the complete refurbishment and restart of the Cosmopolis, Washington based mill, which has been closed since 2005.

“We are delighted to welcome Michael Entz to the company and are fortunate to have him leading Cosmo Specialty Fibers,” said Timothy Meyer, Managing Director of The Gores Group. “Over the course of his career, he has proven himself to be a strong leader with a talent for building great teams and achieving full operating potential in his mills. Under his guidance, we will provide our customers with the highest level of quality, service and professionalism while creating new jobs in the Cosmopolis area.”

Mr. Entz stated, “This is a great opportunity to restart a terrific mill. I look forward to getting to work, hiring new team members and starting production as soon as possible. The Cosmopolis mill has the potential to produce very high quality products and I am very excited to be a part of its renewed success.”

Dermot Smurfit, Chairman of the Board of Cosmo Specialty Fibers, and a paper and packaging industry veteran, added, “Michael Entz has over 20 years of experience in complex operating environments in the pulp and paper industry. He will be an outstanding leader for Cosmo Specialty Fibers.”

Mr. Entz worked most recently at NewPage Corporation in Escanaba, Michigan, where he oversaw operations for NewPage’s largest coated paper manufacturing facility. He previously held management positions at Smurfit-Stone Container Corporation and West Point Pepperell.