Owens-Illinois announced today the appointment of Jan Bertsch as Senior Vice President and Chief Financial Officer, effective Nov. 23, 2015.
In addition to assuming responsibility for the company’s Financial function, Bertsch will lead O-I’s Information Technology organization. She will report to CEO-elect Andres Lopez.
Most recently, Bertsch served as Executive Vice President and Chief Financial Officer for Sigma-Aldrich, a $2.8 billion life science and technology company. Sigma-Aldrich was recently acquired by Merck KGaA. Prior to joining Sigma-Aldrich in 2012, Bertsch was Vice President, Controller and Principal Accounting Officer at BorgWarner. She also spent nearly 30 years at Chrysler LLC and Ford Motor Company in various roles of increasing responsibility in Finance, Treasury and Information Technology. She also serves on the BWX Technologies, Inc. Board of Directors.
“Having served as a senior financial leader in several global manufacturing companies, Jan brings a great wealth of experience to O-I. She is a CFO with a solid track record of operational and cost improvement, value creation and asset optimization,” said Lopez. “Her impressive credentials, combined with her leadership style and approach will strengthen our Global Leadership Team and makes her an ideal fit for our organization.”
Jan succeeds John Haudrich, who had served as Acting CFO since April 2015 and was recently named Senior Vice President and Chief Strategy and Integration Officer.
“I look forward to joining the O-I team and having an opportunity to leverage my prior experience facing many similar challenges and opportunities to make a positive difference for the company,” said Bertsch.
This equipment will significantly lower the site’s CO2 emissions, reduce flaring and save around 60 gigawatt hours (GWh) energy each year. Project kick-off is in February 2021, with completion planned for 2023.
The acquisition significantly strengthens and expands Grace’s existing pharma portfolio. Pharma & Consumer is the largest, fastest growing and most profitable subsegment within Grace’s Materials Technologies business.
Solvay says it has decided to organize its soda ash and derivatives business into a separate and fully controlled legal structure.