CFO departs at Imperial Dade; interim named

By Emily Bader
Jersey City | Aug 26, 2019 at 10:35 am

Imperial Dade said its chief financial officer, Marc Mongulla, will be leaving the company to pursue an new opportunity.

On Monday, Jersey City-based BCPE Empire Topco Inc. and its subsidiary, Imperial Bag & Paper Co. LLC, announced the departure, effective Aug. 30.

“I have enjoyed working at Imperial, and I wish the company well. I remain fully committed to helping Paul and the Imperial team ensure a seamless transition,” Mongulla said.

While the company searches for a successor, Paul M. Cervino, Imperial’s former chief finacial officer and current chief administrative officer, will temporarily resume the role of CFO. Cervino has been with Imperial for 10 years.

“On behalf of everyone at Imperial and our Board of Directors, I want to thank Marc for his financial leadership and many contributions during his tenure as CFO. We wish him success in his new endeavor,” Imperial CEO Robert Tillis said. “We have full confidence in Paul’s ability to lead our finance operations, and we expect a smooth transition. We are grateful for his experience and leadership while our search is underway for a new chief financial officer. We look forward to updating our financial partners on our second quarter financial results in our next earnings call.”

Imperial Dade is a distributor of disposable food service and janitorial supplies.

Emily Bader | ebader@roi-nj.com | emilybader