20.11.2015 12:30:28

Owens-Illinois, Inc.: John Haudrich Named Chief Strategy and Integration Officer


FOR IMMEDIATE RELEASE

For more information, contact:
Kristin Kelley
Vice President, Global and Corporate Communications
567-336-2395
kristin.kelley@o-i.com


John Haudrich Named Chief Strategy and Integration Officer

Perrysburg, Ohio (Nov. 20, 2015) - Owens-Illinois (NYSE: OI) announced today the appointment of John Haudrich as Senior Vice President and Chief Strategy and Integration Officer, effective immediately. Until a new Chief Financial Officer is announced, Haudrich will continue in the role of Acting CFO. Haudrich is a member of O-I's Global Leadership Team and will report to CEO-elect Andres Lopez. 

The newly-created role of Chief Strategy and Integration Officer will be responsible for developing O-I's strategy, executing key enterprise-wide activities and leading the global supply chain organization. Areas of focus include increasing value through greater operational stability, driving sustainable performance improvements, and enabling longer-term breakthroughs to advance the company's position in the marketplace.

"The integrated business approach we are developing is at the heart of creating a performance-improvement culture that will deliver increased efficiency, enhanced flexibility and improved execution," said Lopez. "John has done an excellent job as Acting CFO and is uniquely skilled to lead this strategy and integration work. I am confident he will continue to deliver incredible value to our company."  

Haudrich has held the role of Vice President and Acting CFO since April 2015. Prior to that, he led the Global Finance operations for O-I's four business segments and the Corporate Finance team. He joined O-I in March 2009 as Vice President of Investor Relations, was named Vice President of Finance in 2010, and Vice President of Finance and Corporate Controller in 2011.

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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 $6.8 billion in 2014. Following the acquisition of Vitro's food and beverage business, the company now employs approximately 27,000 people at 81 plants in 23 countries. With global headquarters in Perrysburg, Ohio, U.S., O-I delivers safe, sustainable, pure, iconic, brand-building glass packaging to a growing global marketplace. For more information, visit o-i.com.     





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

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