TOLEDO, Ohio, Dec. 8, 2016
/PRNewswire/ -- Libbey Inc.(NYSE MKT: LBY), one of the largest
glass tableware manufacturers in the world, today announced
that Sherry Buck, vice president,
chief financial officer, will be leaving the Company effective
December 31, 2016, to pursue another
professional opportunity. The Company has engaged the executive
search firm Crist|Kolder Associates to conduct a comprehensive
search for Mrs. Buck's replacement. In the interim period, Mrs.
Buck's former duties will be assumed by Ronni Smith, vice president, corporate
controller.
William A. Foley, chairman and
chief executive officer of Libbey Inc. said, "Sherry has been an
instrumental part of Libbey's executive management team for the
past four and a half years. During her tenure, Sherry's leadership
helped transform Libbey's capital structure by significantly
reducing debt and improving the health of our balance sheet. These
efforts enabled us to make critical investments in our business
that were necessary to compete effectively in a dynamic market
environment. We thank Sherry for her service and wish her well in
her new role. She leaves behind a highly capable finance team
that will continue to drive high quality financial analysis and
reporting. Ronni is a strong and talented leader who can
readily assume the interim CFO responsibilities."
Ronni Smith has thirty years of
financial experience in roles of increasing responsibility. She
joined Libbey in May 2006 as the
assistant corporate controller and was appointed vice president,
corporate controller in 2012. Prior to joining Libbey, she was an
accounting supervisor at Ford Motor Company. Smith began her career
as a Senior Auditor at Arthur Andersen in 1986.
About Libbey Inc.
Based in Toledo, Ohio, Libbey
Inc. is one of the largest glass tableware manufacturers in the
world. Libbey Inc. operates manufacturing plants in the U.S.,
Mexico, China, Portugal and the
Netherlands. In existence since 1818, the Company supplies
tabletop products to retail, foodservice and business-to-business
customers in over 100 countries. Libbey's global brand portfolio,
in addition to its namesake brand, includes Crisa®,
Royal Leerdam®,
World® Tableware, Syracuse® China, and Crisal Glass®. In 2015,
Libbey Inc.'s net sales totaled $822.3
million. Additional information is available at
www.libbey.com.
CORPORATE
CONTACTS:
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INVESTOR
INQUIRIES:
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Kim Hunter,
Investor Relations
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Chris Hodges or
Sam Gibbons
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(419)-325-2612
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Alpha IR
Group
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khunte@libbey.com
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(312)
445-2870
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LBY@alpha-ir.com
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Jamie McDaniel,
Media
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(419)-325-2672
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jmcdan@libbey.com
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SOURCE Libbey Inc.