Reynolds Consumer Products Welcomes Allen Hugli to Board of Directors
March 22 2021 - 4:30PM
Business Wire
Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the
“Company”) announced that Allen Hugli has been appointed to the
Company’s Board of Directors, effective March 19, 2021.
“We are thrilled to welcome Allen to our board,” said Richard
Noll, Chairman of the Board of Directors for Reynolds Consumer
Products. “Allen brings a strong track record of driving results
and accelerating growth, and we believe his experience will serve
the company and our shareholders well.”
Mr. Hugli currently serves as Chief Financial Officer and a
director of Rank Group Limited. He also serves as a director of
Pactiv Evergreen (formerly Reynolds Group Holdings Limited) where
he also served as the Chief Financial Officer from 2009 to 2020,
and a director of other entities owned by Graeme Hart. He has been
a senior executive of Rank since 1993. Mr. Hugli previously held
positions in financial management and audit practices in Australia,
Canada and New Zealand. Mr. Hugli received a Bachelor of Commerce
(Honours) from Queen’s University at Kingston, and he holds a CPA
CA designation from the Chartered Professional Accountants of
Canada.
“Allen’s deep expertise in the consumer packaged goods industry
will help Reynolds continue to improve and differentiate our
products, innovate and grow,” said Lance Mitchell, President and
Chief Executive Officer, Reynolds Consumer Products. “We have a
strong board in place as we continue to grow with our categories
due to a sustained and fundamental shift in consumer demand coupled
with our innovations and best in class service.”
About Reynolds Consumer Products Inc.
RCP’s mission is to simplify daily life so consumers can enjoy
what matters most. RCP is a market-leading consumer products
company with a presence in 95% of households across the United
States. RCP produces and sells products across three broad
categories: cooking products, waste & storage products and
tableware that are sold under iconic brands such as Reynolds and
Hefty, as well as under store brands that are strategically
important to RCP’s customers. Overall, across both branded and
store brand offerings, RCP holds the #1 or #2 U.S. market share
position in the majority of product categories in which it
participates.
Note to Investors Regarding Forward Looking
Statements
This press release contains statements reflecting RCP’s views
about its future performance that constitute “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements, which are
subject to risks, uncertainties and assumptions about RCP, may
include projections of its future financial performance,
anticipated growth strategies and anticipated trends in its
business. These statements are only predictions based on RCP’s
current expectations and projections about future events. There are
important factors that could cause actual results, level of
activity, performance or achievements to differ materially from the
results, level of activity, performance or achievements expressed
or implied by the forward-looking statements. For additional
information on these and other factors that could cause RCP’s
actual results to materially differ from those set forth herein,
please see RCP’s filings with the Securities and Exchange
Commission, including its most recent annual report on Form 10-K
and subsequent filings. Investors are cautioned not to place undue
reliance on any such forward-looking statements, which speak only
as of the date they are made. RCP undertakes no obligation to
update any forward-looking statement, whether as a result of new
information, future events or otherwise.
REYN-F
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version on businesswire.com: https://www.businesswire.com/news/home/20210322005763/en/
Investors Mark Swartzberg
Mark.Swartzberg@reynoldsbrands.com 847-482-4081 Media Kate
Ottavio Kent Kate.OttavioKent@icrinc.com 203-682-8276
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