Ranpak Holdings Corp. announced that Executive Chairman Omar Asali has agreed to expand his role at Ranpak and become Chief Executive Officer effective immediately. As CEO, Mr. Asali will focus on accelerating growth and profitability for Ranpak. He will replace J. Mark Borseth as CEO. Previously, Mr. Asali was the Chairman and CEO of One Madison Corporation, a special purpose acquisition company that acquired Ranpak. Prior to that, Mr. Asali served as Chief Executive Officer, President and a member of the Board of Directors of HRG Group. He was also the Vice Chairman and member of the Nominating and Corporate Governance Committeeof Spectrum Brands Holdings and a member of the Board of Directors and Chairman of the Compensation Committee and Nominating and Corporate Governance Committee of Fidelity & Guaranty Life.