O-I Reorganizes Global Management Team
October 03 2006 - 6:01PM
PR Newswire (US)
Creates New Position, President, Global Glass Operations;
Streamlines Reporting Relationships PERRYSBURG, Ohio, Oct. 3
/PRNewswire-FirstCall/ -- Owens-Illinois, Inc. (NYSE:OI) today
announced a reorganization of its global management team in order
to ensure an increased focus on execution. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO) With that
structural change, the Company has created the new role of
president, Global Glass Operations, naming Rich Crawford to this
position. Mr. Crawford, 45, was previously president of Latin
America Glass. "This reorganization, which flows from our strategy,
is designed to give us a more integrated, global leadership
approach, particularly in the glass business where we continue to
face a challenging environment," said Steve McCracken, O-I Chairman
and CEO. "We are confident in Rich's ability to lead and leverage
the capabilities of the global glass business as he is a proven
leader and team builder with a wealth of experience in engineering
and in North American, European and Latin American operations. We
also believe that streamlining our structure, with a particular
focus on glass operations, will enhance the speed of execution in
our global glass initiatives." Reporting to Mr. Crawford will be
the presidents of European, North American, Asia Pacific, and Latin
American glass operations as well as the global leaders of supply
chain, procurement, manufacturing & engineering, glass account
management and corporate sustainability. Reporting directly to Mr.
McCracken are the leaders of the following businesses and
functions: Global Glass Operations; HealthCare Packaging &
Prescription Products; Closure & Specialty Products; Licensing,
Machinery & Emerging Markets; strategic planning and general
counsel; finance, and human resources. James Baehren, senior vice
president, strategic planning and general counsel and the interim
leader for O-I, will oversee the implementation of the
reorganization. While re-engaged in Company leadership and on
strategic issues such as the reorganization, Mr. McCracken will not
be assuming his full responsibilities for an extended period of
time as he undergoes post-operative treatments at the University of
Michigan following cancer surgery at the Cleveland Clinic in
August. Additional updates on Mr. McCracken's health will be
provided as he completes his treatments. About O-I Millions of
times a day, O-I glass containers, healthcare packaging and
specialty closure systems deliver many of the world's best-known
consumer products to people all around the world. With leading
positions in Europe, North America, Asia Pacific and Latin America,
O-I provides consumer-preferred products that enable superior
taste, purity, visual appeal and value benefits for our customers'
products. Established in 1903, the company employs nearly 30,000
people and has more than 100 manufacturing facilities in 23
countries. In 2005, annual revenues were $7.2 billion. For more
information, visit http://www.o-i.com/.
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO
http://photoarchive.ap.org/ DATASOURCE: Owens-Illinois, Inc.
CONTACT: Kelley Yoder of Owens-Illinois, Inc., + 1-567-336-1388 Web
site: http://www.o-i.com/
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