OI OI Glass Inc

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

December 18, 2014

Date of Report (Date of earliest event reported)

OWENS-ILLINOIS, INC.

(Exact name of registrant as specified in its charter)

(567) 336-5000

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02.                               DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On December 18, 2014, Owens-Illinois, Inc. (“O-I”) named Andres Lopez, age 52, President of Glass Containers and Chief Operating Officer of O-I, effective February 1, 2015. Mr. Lopez is currently President of O-I Americas.

Mr. Lopez joined O-I in 1986 in Columbia and has held several leadership positions, including Country General Manager in Peru; Vice President of Manufacturing for O-I North America and Global Vice President of Manufacturing and Engineering. From 2009 to 2014, he served as President of O-I South America. In August 2014, he was named President of O-I Americas, adding responsibility for O-I’s North America operations.

O-I also reports that Erik Bouts resigned as President of O-I Europe, but will remain in office until January 31, 2015.

O-I’s related press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

ITEM 9.01.                               FINANCIAL STATEMENTS AND EXHIBITS.

(d)                                                                                 Exhibits.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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EXHIBIT INDEX

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Exhibit 99.1

FOR IMMEDIATE RELEASE

O-I Consolidates Senior Leadership Roles

Andres Lopez named President of Glass Containers and Chief Operating Officer of O-I

Perrysburg, Ohio (Dec 22, 2014) — Owens-Illinois, Inc. (NYSE: OI) announced today that it has named Andres Lopez president of glass containers and chief operating officer of O-I, effective February 1, 2015.

In this newly created role, Lopez will oversee O-I’s business and operations in all of the company’s geographic regions. He will be focused on enhancing the performance of the business to the benefit of O-I customers, employees, investors and other key stakeholders. His deep knowledge of the glass industry and his strong commitment to innovation and process improvement will help advance O-I’s capabilities to provide high value-added products and services to its customers. Lopez’s appointment to this role constitutes the next phase in the ongoing CEO succession planning process that O-I’s Board of Directors has been actively managing.

Lopez joined O-I in 1986 in Colombia and has held several leadership positions, including country general manager in Peru; vice president of manufacturing for O-I North America and global vice president of manufacturing and engineering. From 2009 to 2014, he served as president of O-I South America. Under Lopez’s leadership, the region achieved substantial cost reduction through asset optimization and reduced spending, which resulted in increased segment operating income and cash generation. In addition to achieving significant organic growth, Lopez and his team successfully integrated several acquisitions in South America. In August, he was named president of O-I Americas, adding responsibility for O-I’s North American operations, where he has launched initiatives to improve safety, operational and commercial performance, and cost competitiveness.

“Andres is an exceptional and creative leader, a strategist, a strong communicator and developer of talent.  He has a deep understanding of our customers, our technology and our markets, knowledge that coalesces perfectly in this new position,” said Al Stroucken, O-I chairman and CEO.

Erik Bouts, president of O-I Europe, will leave the company, effective January 31, 2015, to pursue other opportunities.

Leadership succession for the European and North American businesses will be determined in the near future. In the interim, Lopez will continue to lead the North American business.

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About O-I

Owens-Illinois, Inc. (NYSE: OI) is the world’s largest glass container manufacturer and preferred partner for many of the world’s leading food and beverage brands. The Company had revenues of $7.0 billion in 2013 and employs approximately 22,500 people at 77 plants in 21 countries. With global headquarters in Perrysburg, Ohio, USA, O-I delivers safe, sustainable, pure, iconic, brand-building glass packaging to a growing global marketplace. For more information, visit www.o-i.com.

O-I’s Glass Is Life™ movement promotes the widespread benefits of glass packaging in key markets around the globe. Join us in the #betteringlass conversation at www.glassislife.com

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