![]() ![]() “Our primary goal in the CEO search process will be to identify a strong leader to build on Tom’s legacy, one who shares Berry’s core values and who will continue the company’s momentum. “Under Tom’s outstanding leadership, Berry has achieved record results, established the industry’s most diversified and expansive manufacturing footprint, bolstered our portfolio with sustainability-focused investments in emerging markets, and consistently delivered for customers,” Berry Lead Independent Director Stephen E. From 2007-14, he was a president of Berry’s Engineered Materials Division, prior to being appointed president of Berry’s Rigid Closed Top Division in 2014 and president of Berry’s Consumer Packaging Division in 2015. ![]() He joined Berry in 2007 with the company's acquisition of Covalence Specialty Materials, where he had led the Adhesives Division for four years. Salmon was named Berry's CEO in February 2017. The stock has decreased nearly 9% in the last 12 months. ![]() Berry Global expects full-year earnings in the range of $7.30 to $7.80 per share.īerry Global shares have increased 2% since the beginning of the year. Seven analysts surveyed by Zacks expected $3.3 billion. The packaging company posted revenue of $3.06 billion in the period, which fell short of Wall Street forecasts. Earnings, adjusted for one-time gains and costs, came to $1.30 per share. The company said it had profit of 85 cents per share. The news of Salmon's eventual departure came on the same day Berry released its first quarter earnings report. “Thanks to the continued hard work and dedication of the entire organization, I am confident the company is well-positioned to continue to deliver significant value for all stakeholders.” “I am extremely proud of all that our talented team has accomplished as we continue to execute our strategy and trailblaze the industry by developing sustainable and innovative packaging, even during a period of unprecedented global disruption,” Salmon said in the news release. It creates plastic containers and packaging for use in the health, engineering, and consumer goods industries.īusiness news: Company announces plans to open distillery in Henderson He is also retiring as chairman of Berry's board.Īccording to the news release, Berry has "engaged Spencer Stuart, a leading executive search firm, to assist with the identification of a successor, considering both internal and external candidates."Ī Fortune 500 company, Berry Global operates more than 250 facilities worldwide and employs more than 46,000 people. Tom Salmon will have served as Berry's CEO for nearly seven years when he retires on Dec. The CEO of Evansvile-based Berry Global Group will retire at the end of the year, according to a company news release. Ideal with simple pasta tossed in butter and Parmesan or with tomato based sauces.Watch Video: Pictures of the Year 2022 – Courier & Press and The Gleaner photo staff's favorites A fresh, medium-bodied style with red and black berry fruit characters, and a hint of spice balanced by tangy acidity. No oak ageing.Īppealing aromas of fresh red fruit and a touch of black pepper spice. Traditional vinification in stainless steel tanks, with six days spent on skins. Produced from Sangiovese grapes from the Salento peninsula in southern Puglia. We source from a range of private growers and cooperatives, with whom we have long term relationships, principally in Veneto, Friuli, Lombardy, Sicily, Puglia, Abruzzo and Sardinia. Our aim is to produce authentic, well-priced still and sparkling wines from local grape varieties.Īll aspects of production, from grape selection through to vinification, maturation, blending and bottling are meticulously overseen by Araldica's winemaking team of Claudio Manera and Lella Burdese - assisted by Boutinot's Tony Brown MW. Established in 2003, Adria Vini is a winemaking venture jointly owned by Boutinot and Araldica Castelvero, the leading co-operative in the Monferrato hills of Piemonte. ![]()
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