Owens-Illinois Appoints Helge H. Wehmeier to Board of Directors
February 17 2005 - 5:00PM
PR Newswire (US)
Owens-Illinois Appoints Helge H. Wehmeier to Board of Directors
TOLEDO, Ohio, Feb. 17 /PRNewswire-FirstCall/ -- Owens-Illinois,
Inc., (NYSE:OI) today announced that Helge H. Wehmeier has been
appointed to serve on the Company's Board of Directors effective
January 25. Mr. Wehmeier will serve on the Audit Committee and
Nominating/Corporate Governance Committee of the Board. He was
appointed to fill the vacancy created by the retirement of Michael
W. Michelson whose term will expire May 2006. From 2002-2004, Mr.
Wehmeier served as vice chairman of Bayer Corporation, the $11
billion US-based subsidiary of Bayer AG of Germany, a $27 billion
international life sciences, polymers and specialty chemicals
group. In 2002, after more than 35 years with Bayer, he retired as
president and chief executive officer of Bayer Corp. after 11 years
in that position. During his career, he served as general manager
for the fibers business in the UK and as head of the Photo Division
on the Board of the Bayer subsidiary Agfa-Gevaert AG. In 1989, he
was elected to the board of directors and executive committee of
Bayer USA Inc. He is an alumnus of IMEDE, Lausanne, Switzerland,
and INSEAD, Fontainebleau, France. Mr. Wehmeier serves on the Board
of Directors of PNC Financial Services Group, Inc. and TEREX
Corporation. He is an executive vice president and member of the
Board of Directors for the Pittsburgh Symphony Society and also
serves on the Board of the American Council on Germany and the
Advisory Board of the Curtis Institute of Music. "I am very pleased
to welcome Helge to the O-I Board," said Steve McCracken, O-I
chairman and chief executive officer. "Not only does his business
leadership experience make him a great addition to our team, but
Helge's international and healthcare background will provide
expertise consistent with, and additive to, our new portfolio
alignment." About O-I Owens-Illinois is the largest manufacturer of
glass containers in the world, with leading positions in Europe,
North America, Asia Pacific and Latin America. O-I is also a
leading manufacturer of healthcare packaging and specialty closure
systems. DATASOURCE: Owens-Illinois, Inc. CONTACT: Sara Theis of
Owens-Illinois, +1-419-247-1297 Web site: http://www.o-i.com/
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