Colter will serve on the Audit Committee of the Board and will stand for election to a two-year term at the company's annual meeting of share owners in May 2003.
Mr. Colter is currently President of CRS Inc., a management consulting company. Prior to that, he had a distinguished 34-year career with KPMG, becoming a partner in 1975. Most recently, he was Vice Chairman of KPMG Canada. From 1998 to 2000 he served as Managing Partner of Global Financial Advisory Services and was a member of the KPMG International Executive Team. During his career, he has acted on behalf of a wide range of corporations, financial institutions and governments, specializing in restructurings and turnarounds. Mr. Colter is a graduate of the Ivey Business School University of Western Ontario, and is a Fellow Chartered Accountant.
Joseph H. Lemieux, Owens-Illinois chairman and chief executive officer, said, "I am very pleased to welcome Gary Colter to the Owens-Illinois Board of Directors. His breadth of experience and wealth of knowledge will be key assets to our Board in serving our share owners."