Owens-Illinois, Inc. Announces Two Nominations for Board of Directors
April 02 2015 - 8:09AM
FOR IMMEDIATE
RELEASE
For more information,
contact:
David
Johnson
Lisa Babington
Vice President, Investor
Relations
Director, Corporate Communications
Perrysburg, Ohio,
US
Perrysburg, Ohio,
US
567 336
2600
567 336
1445
dave.johnson@o-i.com
lisa.babington@o-i.com
Owens-Illinois, Inc. Announces Two Nominations for
Board of Directors
Perrysburg, Ohio (April 2, 2015) - Owens-Illinois,
Inc. (NYSE: OI) announced today that Gordon Hardie and Alan Murray
will stand as nominees for election to the company's Board of
Directors at the 2015 annual meeting of stockholders on May 12.
Current Board of Directors members Helge Wehmeier, who has reached
the mandatory retirement age for board members, and Jay Geldmacher,
whose significant additional professional responsibilities created
scheduling conflicts, will not be standing for re-election. All of
the other current directors will stand for re-election.
Gordon Hardie is managing director, Bunge Food
& Ingredients, an $11 billion food business within Bunge Ltd.,
a global agrifoods business, with revenues of $61 billion. He is
responsible for the strategic development and global performance of
the Food & Ingredients business. Prior to joining Bunge, Hardie
was managing director at Morningside Partners, an M&A advisory
firm he established in 2009. Between 2003 and 2009 Hardie
progressed from marketing and innovation director at Goodman
Fielder Ltd. to managing director of Goodman Fielder Bakeries. He
has also held executive positions with Southcorp Wines, Foster's
Group and Pernod Ricard.
Alan Murray was chief executive officer of Hanson
Plc, a $7.5 billion global building materials company with a strong
presence in North America, Europe and Asia for five years prior to
Hanson's acquisition by Heidelberg Cement AG in 2007. While serving
as Hanson CEO and in various other financial leadership roles, he
restructured, rebranded and increased profitability, and managed
many acquisitions. Heidelberg Cement is a Germany-based building
materials manufacturer with revenues of $13.3 billion. He served as
a member of the Managing Board for North America with Heidelberg
Cement following the acquisition until the end of 2008. He
currently serves on the public board of Heidelberg Cement. He also
serves on the board of Wolseley Plc, a $19.1 billion distributor of
plumbing and heating products in North America and
Europe.
"'We thank Helge and Jay for their wise counsel, support and
service to our Board," said Al Stroucken, chairman and CEO. "We
greatly appreciate their many years of leadership and the time and
effort they invested in O-I. We look forward to welcoming Gordon
and Alan, who bring highly relevant business and industry
experience, as well as wide-ranging international
perspectives."
If elected, Hardie and Murray will become O-I's
eleventh and twelfth Board members. All O-I directors are elected
annually.
# # #
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 $6.8 billion in 2014 and employs approximately 21,100
people at 75 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 o-i.com.
O-I's Glass Is Life(TM) movement promotes the
widespread benefits of glass packaging in key markets around the
globe. Learn more about the reasons to choose glass and join the
movement at glassislife.com.
O-I Logo
O-I Announces Two Nominations for Board of
Directors_4-2-2015
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Owens-Illinois, Inc. via Globenewswire
HUG#1908591
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