O-I Names President of Closure & Specialty Products Division
July 13 2006 - 6:01PM
PR Newswire (US)
TOLEDO, Ohio, July 13 /PRNewswire-FirstCall/ -- Owens-Illinois,
Inc. (NYSE:OI) today announced that Michael Paparone has been named
president, Closure and Specialty Products, effective September 1.
Mr. Paparone is succeeding Michael McDaniel who is retiring after
more than 34 years of service at O-I. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO) Most
recently, Mr. Paparone served as general manager of Prescription
Products, part of the Company's Healthcare Packaging unit. Prior to
joining O-I in 2004, he was CEO of the Invironmentalists, a
commercial floor covering distribution and service subsidiary of
Invista(TM). Additionally, Mr. Paparone held several operational,
commercial and planning roles in his 30 years with DuPont,
including global leadership responsibilities for its engineering
resin molding business, Vespel(TM). He holds a bachelor's degree in
chemistry from St. Joseph's University and a MBA in marketing
management from Drexel University. "Mike will bring significant
experience to his new role in leading the capable and
growth-oriented closure and specialty team," said Steve McCracken,
O-I Chairman and CEO. "His technical background, combined with his
global commercial and specialty molding business experience will
serve O-I well as we look to grow our closure and specialty
enterprise." 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 Latin 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
2005, annual revenues were $7.2 billion. For more information,
visit http://www.o-i.com/.
http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO
http://photoarchive.ap.org/ DATASOURCE: Owens-Illinois, Inc.
CONTACT: Kelley Yoder of O-I, +1-419-247-1388 Web site:
http://www.o-i.com/
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