Asali is no stranger to focusing on the needs of industry and the global community. As a global leader of environmentally sustainable, paper-based packaging solutions for e-commerce and industrial supply chains, Ranpak is committed to improving supply chain performance and costs while reducing environmental impact. In his role as chairman and CEO, Asali focuses on the ongoing transformation of Ranpak’s now 50-year history of leading the market in sustainable, systems‐based packaging solutions.
At the onset of the COVID-19 pandemic, Asali ensured donations were made to local food pantries near Ranpak headquarters in Concord, Ohio, and the Netherlands, as well as to the Cleveland Clinic in Ohio and Mount Sinai Hospital in New York. These funds covered onsite meals, comfort stations, and lodging for hospital staff treating COVID-19 patients as well as delivery of meals to hospital staff who became infected with the virus.
Asali is also no stranger to giving back to his alma mater. He has served on the Board of the Virginia Tech Foundation since 2018, was a Wells Fargo Distinguished Lecturer at Pamplin, and guest lectured at the college’s Ethics Week 2021 on the role of sustainability in the future of business. Asali has hired graduate students from the Virginia Tech College of Engineering, and Ranpak has loaned equipment to the College of Natural Resources to support learning activities.
Asali’s distinctive leadership continues to improve our environment and our society’s future. By naming one of the widely used and prominent spaces within GBAC, Asali will make possible a new educational experience that will prepare generations of Pamplin graduates for the workforce.
“Rula and I are proud to support educational initiatives that mentor students in both the classroom and applied situations,” Asali said. “Having immigrated to the United States from Jordan, I am grateful for the education I received from Pamplin College of Business at Virginia Tech. The foundation of my undergraduate education 30 years ago well prepared me for the workforce and for graduate business school at Columbia University. The vision for GBAC elevates Virginia Tech’s reputation and reach with first-rate facilities that bring together business, engineering, and science across one ecosystem.”
Asali continued, “I am a business operator as well as an investor. In addition to being chairman and CEO of Ranpak, I am chairman of One Madison Group, where I invest my own capital alongside other partners with a long-term multigenerational view. GBAC is a multigenerational philanthropic investment that will impact the trajectory for the next 50 years for business education and will prepare the next generation of leaders to address the complex issues facing business and society.”