LUXEMBOURG, Sept. 22, 2017 /PRNewswire/ -- Ardagh Group S.A.
(NYSE: ARD), ("Ardagh") today announces that Ian Curley, Chief Executive, has informed the
Board that he is resigning to pursue other business opportunities.
He will leave the Group at the end of the year. The Board thanks
Ian for his contribution and support during his time with Ardagh
and wishes him well for the future.
Paul Coulson, currently Executive
Chairman, will become Chairman and Chief Executive.
Ardagh is also pleased to announce the appointment of
Johan Gorter as Chief Executive of
its global glass business. Johan (who currently heads up our
European glass business and is a director of Ardagh) has been with
Ardagh for over ten years and has played a key role in the
successful development of our glass business in Europe.
Johan will join David Wall (Chief
Executive of our global metal business) and David Matthews (Chief Financial Officer) in
reporting to Paul Coulson.
During 2017 Ardagh has continued its development with growth in
Revenue and EBITDA, the successful integration of the beverage can
acquisition and the listing of its shares on the NYSE. We
anticipate strong second half cash generation resulting in further
planned de-leveraging.
The Group's third quarter earnings report is scheduled for
release on 26 October 2017.
Ardagh Group is a global leader in metal and glass packaging
solutions, producing packaging for most of the world's leading
food, beverage and consumer brands. It operates 109 facilities in
22 countries, employing approximately 23,500 people and has global
sales of approximately €7.7 billion.
This press release includes "forward-looking
statements" within the meaning of Section 27A of the
Securities Act and Section 21E of the Securities Exchange Act
of 1934, as amended. Forward-looking statements are subject to
known and unknown risks and uncertainties, many of which may be
beyond our control. We caution you that the forward-looking
information presented in this press release is not a guarantee of
future events, and that actual events may differ materially from
those made in or suggested by the forward-looking information
contained in this press release. Any forward-looking information
presented herein is made only as of the date of this press release,
and we do not undertake any obligation to update or revise any
forward-looking information to reflect changes in assumptions, the
occurrence of unanticipated events, or otherwise.
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SOURCE Ardagh Group S.A.