O-I ANNOUNCES NEW PRESIDENT OF EUROPEAN BUSINESS
(Thomson Reuters ONE) -
FOR IMMEDIATE RELEASE
For more information, contact:
Stephanie Johnston
O-I Corporate Headquarters
+1 567 336 7199
stephanie.johnston(at)o-i.com
Michael Praeger
Communications Director, O-I Europe
+41 21 703 4587
michael.praeger(at)eu.o-i.com
O-I ANNOUNCES NEW PRESIDENT OF EUROPEAN BUSINESS
Erik Bouts to lead company's initiatives to strengthen market leadership
position
PERRYSBURG (December 13, 2012) - Owens-Illinois, Inc., (NYSE: OI), the world's
largest glass packaging maker, has named Erik Bouts as the company's new
president of O-I Europe. Effective January 1, 2013, Bouts succeeds Jose Lorente,
who will leave the company after a 34-year career with O-I.
As the leader of O-I's largest region, Bouts will accelerate O-I's efforts to
strengthen its leading market position in Europe. In 2013, O-I will invest $175
million (?140 million) in its European facilities, improving quality,
sustainability and capabilities to better support the growing need of European
customers for more sustainable and healthy glass packaging solutions.
"Erik's experience in leading major manufacturing companies and his strong focus
on execution and results will be invaluable on our journey to strengthen our
competitiveness in Europe," said Al Stroucken, O-I chairman and chief executive
officer. "He comes to O-I with a strong record of successfully rallying
organisations around new ideas and strategies, while building strong
relationships with customers, business partners and the workforce."
Bouts has over 25 years of experience leading diverse executive management
teams. Prior to joining O-I, he was CEO of The Glidden Company, part of
AkzoNobel Architectural Paints Division in the USA, where he was instrumental in
spearheading major transformational programs and developing market focused
strategies to drive growth. Bouts holds a Masters in Business Administration and
Economics from the University of Tilburg (the Netherlands) and will be based at
O-I's European Headquarters in Lausanne, Switzerland.
O-I's European business comprises 8,000 employees in 11 different countries.
With more than $3 billion (?2.3 billion) of sales in 2011, the region represents
approximately 40 per cent of the company's global sales.
###
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. With revenues of $7.4 billion in 2011, the company is
headquartered in Perrysburg, Ohio, USA, and employs more than 24,000 people at
81 plants in 21 countries. O-I delivers safe, effective and sustainable glass
packaging solutions to a growing global marketplace. For more information, visit
http://www.o-i.com/.
Erik Bouts:
http://hugin.info/150659/R/1664654/540034.jpg
O-I logo:
http://hugin.info/150659/R/1664654/540033.png
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Source: Owens-Illinois, Inc. via Thomson Reuters ONE
[HUG#1664654]
Unternehmensinformation / Kurzprofil:
Datum: 13.12.2012 - 14:32 Uhr
Sprache: Deutsch
News-ID 212589
Anzahl Zeichen: 3906
contact information:
Town:
Perrysburg, OH
Kategorie:
Business News
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