O-I Appoints Corbin A. McNeill, Jr., to Board of Directors
April 22 2005 - 9:30AM
PR Newswire (US)
O-I Appoints Corbin A. McNeill, Jr., to Board of Directors TOLEDO,
Ohio, April 22 /PRNewswire-FirstCall/ -- Owens-Illinois, Inc.,
(NYSE:OI) today announced that Corbin A. McNeill, Jr., has been
appointed to serve on the Company's Board of Directors effective
April 19, 2005. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO ) Mr.
McNeill will serve as Chairman of the Risk Management Committee and
will be a member of the Compensation Committee. Mr. McNeill is the
retired chairman and co-CEO of Exelon Corporation, one of the
nation's largest utilities, which was formed in October 2000 with
the merger of PECO Energy Company and Unicom Corporation. Prior to
the merger, he had served as the chairman, president and CEO of
PECO Energy since 1997. Mr. McNeill joined PECO in 1988 as
executive vice president, nuclear. In 1990, he was elected
president and chief operating officer and a director of the
company. In 1995, he was elected president and CEO. Before joining
PECO, Mr. McNeill spent 21 years in the U.S. Navy as a nuclear
submarine officer. He was subsequently employed by the New York
Power Authority and Public Service Electric and Gas Company prior
to joining PECO. Mr. McNeill holds a bachelor of science degree
from the U.S. Naval Academy and has completed graduate courses in
business at the University of California - Berkeley and Syracuse
University. He is also a graduate of Stanford University's
executive management program. Currently, Mr. McNeill serves as vice
chairman of the United States Naval Academy Alumni Association
(USNAAA) and on the board of directors of Associated Electric &
Gas Insurance Services Limited (AEGIS), Northwestern Corporation,
Ontario Power Generation, and Portland General Electric where he
serves as chairman of the board. He is also a former trustee of
Drexel University, which awarded him an honorary doctor of science
degree; The Valley Forge Military Academy, and former chairman of
Leadership Inc. "I am delighted to welcome Corbin to the O-I
Board," said Steve McCracken, O-I chairman and chief executive
officer. "Corbin's business experience and vast background make him
a great addition to our team of directors as we seek to transform
O-I." 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 South 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 2004, annual revenues
were $6.2 billion. For more information, visit http://www.o-i.com/
. http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO
DATASOURCE: O-I CONTACT: Sara Theis of O-I, +1-419-247-1297 Web
site: http://www.o-i.com/
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