O-I Renews Contract With CEO Stroucken

Date: 27 October 2011
Source: O-I

Date: 27 October 2011

Owens-Illinois, Inc. OI +0.82% , the world´s largest glass packaging maker, has renewed its contract with CEO and Chairman Al Stroucken.

The terms of the agreement extend O-I´s relationship with Stroucken through June 30, 2016.



"Under Al´s leadership, O-I is transforming into a more innovative, market-driven and financially stronger company," said Corbin McNeill, lead director and chair of the nominating/corporate governance committee of O-I´s Board of Directors. "He is the right person to continue leading change at O-I. There is still much to be done, and we are confident that Al and his leadership team can successfully execute on the strategies they have set for the company."



Stroucken was appointed CEO and Chairman in 2007, and has served as a member of O-I´s board of directors since 2005.
600450 O-I Renews Contract With CEO Stroucken glassonweb.com

See more news about:

Others also read

MORE...

New Product Allows Building Windows to Become "Solar Farms"
Proprietary laminate windows collect, store energy; convert it to electricityRIVIERA BEACH, FL – An innovative new patented technology transforms office building windows into "solar farms" and allows these structures to reuse collected energy and become self-sufficient in the event of a power outage.
Solar Photovoltaic (PV) Power Market - Global Solar Photovoltaic Market Will Sustain its Growth Momentum
DALLAS, Texas, December 22, 2011 /PRNewswire/ --ReportsnReports adds new market research report 'Solar Photovoltaic (PV) Power - Global Market Size, Installation Prices, Module Market Shares, Market Segmentation, Regulations and Key Country Analysis to 2020' to its store.
Historically-styled windows contribute to modern comforts, architectural integrity, sustainability of U of MN Folwell Hall renovation
The University of Minnesota's historic Folwell Hall completed three years of extensive renovation, just time for the 2011 academic year.
AAMA Corporate Membership Renewal Process Opens, Recruitment Incentive Program Added
The renewal process for AAMA Corporate Members is now open. AAMA Corporate Membership is available to businesses involved in the manufacture, sale or service of fenestration products and is renewed on an annual basis.
Smart Hotel Bathroom Interiors
Today designers and architects are looking to the hotel bathroom as the new frontier of the guestroom, turning what has long been a mostly functional space into a haven and means of escape.
Glassman Glass Machinery has gained delightful harvest over 12 days after ZAK Glass Technology Exhibition during 8-11 December 2011, in Mumbai, India.
Glassman as one of the largest glass processing machine manufactures in the world presented ZAK Glass Technology Exhibition during 8-11 December 2011, in Mumbai, India.

Add new comment