Ball Names Herdman as Chief Commercial Officer, Heske as President of European Operations
March 31 2009 - 3:00PM
PR Newswire (US)
BROOMFIELD, Colo., March 31 /PRNewswire-FirstCall/ -- Ball
Corporation (NYSE:BLL) today named Michael D. Herdman to the new
position of chief commercial officer, focusing on the company's
global metal beverage packaging customers, and appointed Gerrit
Heske as president of Ball Packaging Europe, the company's European
beverage can business. Herdman, 58, has been with Ball Corporation
since 2004, first as president of Ball's metal beverage packaging,
Americas, division and most recently as president of Ball Packaging
Europe. His 37-year packaging career includes managing can making
operations in Asia and Europe; directing worldwide business
development through a global licensee network; and managing a
plastic container division in the United States. Heske, 44, began
his career at Ball Packaging Europe in 1993 in the Braunschweig,
Germany, metal beverage packaging plant. He has been head of
quality assurance; vice president, manufacturing and technology;
and vice president, manufacturing, in that business. Most recently,
Heske held the position of executive vice president and chief
operation officer, Ball Packaging Europe. Ball Corporation is a
supplier of high-quality metal and plastic packaging for beverage,
food and household products customers, and of aerospace and other
technologies and services, primarily for the U.S. government. Ball
Corporation and its subsidiaries employ more than 14,000 people
worldwide and reported 2008 sales of approximately $7.6 billion.
For the latest Ball news and for other company information, please
visit http://www.ball.com/. Forward-Looking Statements This release
contains "forward-looking" statements concerning future events and
financial performance. Words such as "expects," "anticipates,"
"estimates" and similar expressions are intended to identify
forward-looking statements. Such statements are subject to risks
and uncertainties which could cause actual results to differ
materially from those expressed or implied. The company undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2
in our Form 10-K, which are available at our Web site and at
http://www.sec.gov/. Factors that might affect our packaging
segments include fluctuation in product demand and preferences;
availability and cost of raw materials; competitive packaging
availability, pricing and substitution; changes in climate and
weather; crop yields; competitive activity; failure to achieve
anticipated productivity improvements or production cost
reductions, including our beverage can end project; mandatory
deposit or other restrictive packaging laws; changes in major
customer or supplier contracts or loss of a major customer or
supplier; and changes in foreign exchange rates, tax rates and
activities of foreign subsidiaries. Factors that might affect our
aerospace segment include: funding, authorization, availability and
returns of government and commercial contracts; and delays,
extensions and technical uncertainties affecting segment contracts.
Factors that might affect the company as a whole include those
listed plus: accounting changes; changes in senior management; the
current global credit squeeze and its effects on liquidity, credit
risk, asset values and the economy; successful or unsuccessful
acquisitions, joint ventures or divestitures; integration of
recently acquired businesses; regulatory action or laws including
tax, environmental, health and workplace safety, including in
respect of chemicals or substances used in raw materials or in the
manufacturing process; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust,
patent and other litigation; strikes; labor cost changes; rates of
return projected and earned on assets of the company's defined
benefit retirement plans; pension changes; reduced cash flow;
interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects. DATASOURCE: Ball
Corporation CONTACT: Investors, Ann T. Scott, +1-303-460-3537, , or
Media, Scott McCarty, +1-303-460-2103, , both of Ball Corporation
Web Site: http://www.ball.com/
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