WESTMINSTER, Colo., June 3, 2024
/PRNewswire/ -- Ball Corporation's (NYSE: BALL) board of directors
has appointed Aaron Erter, CEO of
James Hardie Industries plc, the world's leading producer and
marketer of high-performance fiber cement siding and fiber gypsum
building solutions, to serve as a director of the corporation.
Erter, 51, joined James Hardie as
CEO in 2022, and before that served as CEO of PLZ Corp, a leader of
specialty liquid and aerosol manufacturing; global president for
Sherwin-Williams' consumer and industrial businesses; senior vice
president and general manager of Valspar's consumer business; and
served in numerous leadership roles in sales and marketing while at
Stanley Black & Decker. He holds a bachelor's in economics from
The Wharton School at The University of
Pennsylvania and a master's in business administration from
The University of Notre Dame –
Mendoza College of Business.
"We are thrilled to welcome Aaron to our board of directors,"
said Daniel W. Fisher, chairman and
chief executive officer. "With his knowledge of the packaging
industry from his time at Sherwin-Williams, and deep expertise in
building and managing high-performing teams, P&L optimization,
strategy development, product development, marketing, sales
leadership and M&A efforts for global, multi-billion dollar
organizations, he is an ideal complement to our existing board and
executive leadership team, as we continue to focus on executing our
enterprise-wide strategy and drive Ball's purpose to advance
aluminum packaging while consistently deliver high-quality results,
products and returns."
About Ball Corporation
Ball Corporation supplies
innovative, sustainable aluminum packaging solutions for beverage,
personal care and household products customers. Ball Corporation
employs 16,000 people worldwide (excluding divested aerospace
staff) and reported 2023 net sales of $12.06
billion. For more information, visit www.ball.com, or
connect with us on Facebook or X (Twitter).
Forward-Looking Statement
This release contains
"forward-looking" statements concerning future events and financial
performance. Words such as "expects," "anticipates," "estimates,"
"believes," and similar expressions typically identify forward
looking statements, which are generally any statements other than
statements of historical fact. Such statements are based on current
expectations or views of the future and are subject to risks and
uncertainties, which could cause actual results or events to differ
materially from those expressed or implied. You should therefore
not place undue reliance upon any forward-looking statements, and
they should be read in conjunction with, and qualified in their
entirety by, the cautionary statements referenced below. Ball
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Key factors, risks and uncertainties
that could cause actual outcomes and results to be different are
summarized in filings with the Securities and Exchange Commission,
including Exhibit 99 in Ball's Form 10-K, which are available on
Ball's website and at www.sec.gov. Additional factors that might
affect: a) Ball's packaging segments include product capacity,
supply, and demand constraints and fluctuations and changes in
consumption patterns; availability/cost of raw materials,
equipment, and logistics; competitive packaging, pricing and
substitution; changes in climate and weather and related events
such as drought, wildfires, storms, hurricanes, tornadoes and
floods; footprint adjustments and other manufacturing changes,
including the startup of new facilities and lines; failure to
achieve synergies, productivity improvements or cost reductions;
unfavorable mandatory deposit or packaging laws; customer and
supplier consolidation; power and supply chain interruptions;
changes in major customer or supplier contracts or loss of a major
customer or supplier; inability to pass through increased costs;
war, political instability and sanctions, including relating to the
situation in Russia and
Ukraine and its impact on Ball's
supply chain and its ability to operate in Europe, the Middle
East and Africa regions
generally; changes in foreign exchange or tax rates; and tariffs,
trade actions, or other governmental actions, including business
restrictions and orders affecting goods produced by Ball or in its
supply chain, including imported raw materials; and b) Ball as a
whole include those listed above plus: the extent to which
sustainability-related opportunities arise and can be capitalized
upon; changes in senior management, succession, and the ability to
attract and retain skilled labor; regulatory actions or issues
including those related to tax, environmental, social and
governance reporting, competition, environmental, health and
workplace safety, including U.S. Federal Drug Administration and
other actions or public concerns affecting products filled in
Ball's containers, or chemicals or substances used in raw materials
or in the manufacturing process; technological developments and
innovations; the ability to manage cyber threats; litigation;
strikes; disease; pandemic; labor cost changes; inflation; rates of
return on assets of Ball's defined benefit retirement plans;
pension changes; uncertainties surrounding geopolitical events and
governmental policies, including policies, orders, and actions
related to COVID-19; reduced cash flow; interest rates affecting
Ball's debt; successful or unsuccessful joint ventures,
acquisitions and divestitures, and their effects on Ball's
operating results and business generally.
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SOURCE Ball Corporation