Owens-Illinois CFO Young to Retire

Owens-Illinois Inc., a leading maker of glass containers, said Friday that Thomas L. Young will retire as chief financial officer, effective March 31, after 29 years with the company.

The company said Young's successor will be named at a later date. Young, who has served as general counsel and interim co-CEO of the company, will remain a member of the board.

Owens-Illinois shares rose 37 cents to close at $24.87 on the New York Stock Exchange.

600450 Owens-Illinois CFO Young to Retire glassonweb.com
Date: 5 February 2005
Source: Forbes.com

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