Berry Global Announces Board of Directors Leadership Change
January 12 2018 - 8:30AM
Business Wire
CEO Thomas E. Salmon elected Chairman of the
Board effective upon Jonathan D. Rich’s retirement
Berry Global Group, Inc. (NYSE:BERY) announced today that
Jonathan D. (Jon) Rich will retire as Executive Chairman and a
Board member, and that the Board has unanimously elected CEO Thomas
E. (Tom) Salmon to succeed Rich as Chairman of the Board, each
effective February 1, 2018. Salmon has served as a Board member
since his appointment as CEO one year ago.
“Tom has done an excellent job as CEO during the past year,”
said Rich. “The time is now right to complete the passing of the
baton to the next generation and I have the utmost confidence in
the Company’s future with Tom as Chairman and CEO.”
“Berry is fortunate to have a leader with Tom’s deep industry
experience to become our Chairman,” said Ronald S. (Ron) Rolfe,
Chairman of Berry’s Nominating and Governance Committee of the
Board. “We have appreciated Jon serving as Executive Chairman after
having retired as CEO in February 2017. The Board wants to thank
Jon for his service to Berry and wish him the best in his
retirement.”
About Berry
Berry is committed to its mission of ‘Always Advancing to
Protect What’s Important,’ and proudly partners with its customers
to provide them with value-added customized protection solutions.
The Company’s products include engineered materials, non-woven
specialty materials, and consumer packaging. Berry’s world
headquarters is located in Evansville, Indiana. With net sales of
$7.1 billion in fiscal 2017, Berry, a Fortune 500 company, is
listed on the New York Stock Exchange under the ticker symbol BERY.
For additional information, visit Berry’s website at
www.berryglobal.com.
Forward-looking statements
Certain statements and information included in this release may
constitute "forward looking statements" within the meaning of the
Federal Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance, or achievements of Berry to be materially different
from any future results, performance, or achievements expressed or
implied in such forward looking statements. Additional discussion
of factors that could cause actual results to differ materially
from management’s projections, forecasts, estimates and
expectations is contained in the company’s Securities and Exchange
Commission (“SEC”) filings, including Berry’s Annual Report on Form
10-K filed with the SEC on November 21, 2017. Berry does not
undertake any obligation to update any forward-looking statements,
or to make any other forward-looking statements, whether as a
result of new information, future events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20180112005085/en/
Berry Global Group, Inc.Media:Eva Schmitz,
812-306-2424PR@berryglobal.comorInvestors:Dustin Stilwell,
812-306-2964IR@berryglobal.com
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