Sector News

O-I announces new board appointments

May 30, 2016
Chemical Value Chain

Owens-Illinois, Inc., announced today the election of Andres A. Lopez and Joseph J. DeAngelo to its Board of Directors.

Lopez, a 30-year veteran of O-I, has been serving as the company’s Chief Executive Officer since January 2016. Since joining the company’s Colombia office in 1986, Lopez has held increasingly senior positions, including Country General Manager in Peru; Vice President of Manufacturing for O-I North America; Global Vice President of Manufacturing and Engineering; President of O-I South America; President of O-I Americas; and, most recently, Chief Operating Officer.

DeAngelo is the Chairman, President and Chief Executive Officer of HD Supply Holdings, Inc., one of the largest industrial distributors in North America. Previously, DeAngelo served as Chief Operating Officer of The Home Depot, Inc., and held leadership roles at Stanley Black & Decker, Inc., and General Electric Company.

Former Board Members Thomas L. Young, who reached the mandatory retirement age for Board Members, and Albert P.L. Stroucken, who retired as CEO and President at the end of 2015, did not stand for reelection.

“On behalf of the Board of Directors and our management team, I want to thank Tom and Al for their leadership, effort and support throughout their tenure on the Board. We greatly appreciate their many years of dedication and strong partnership,” said Lopez. “We also look forward to working with Joe, a proven leader who brings impressive business and industry experience that is highly relevant to O-I’s future plans and opportunities.”

The company also announced today the appointment of Carol A. Williams
as Chairman of the Board, effective immediately. Williams takes on this new role following the expiration of the Board term of Stroucken, who continued to serve as Executive Chairman following his retirement as CEO.

Before retiring in 2015, Williams enjoyed a 34 year career at Dow Chemical, holding a number of increasingly significant positions in Research and Development and Operations before serving as the Executive Vice President of Manufacturing and Engineering, Supply Chain and Environmental, Health and Safety Operations. She most recently served as the Special Advisor to the Chief Executive Officer of Dow. Williams holds a bachelor’s degree in chemical engineering from Carnegie Mellon University and serves on the university’s Board of Trustees. She has been a member of O-I’s Board of Directors since February 2014, serving on the Compensation and Risk Oversight committees.

“Carol has made significant contributions to our Board over the last two years, including her active engagement in helping set the company’s future direction. Her extensive experience in successful transformations will continue to serve O-I well as we execute the plan recently shared at our Investor Day,” said Lopez. “I look forward to working with her in her new capacity as our Board Chair.”

Source: O-I

comments closed

Related News

June 24, 2022

BASF to build commercial scale battery recycling black mass plant in Schwarzheide, Germany

Chemical Value Chain

BASF will build a commercial scale battery recycling black mass plant in Schwarzheide, Germany. This investment strengthens BASF’s cathode active materials (CAM) production and recycling hub in Schwarzheide. The site is an ideal location for the build-up of battery recycling activities given the presence of many EV car manufacturers and cell producers in Central Europe.

June 24, 2022

Clariant restructures business units, reorganizes leadership

Chemical Value Chain

Clariant says it is reducing its number of businesses from five to three, by merging units, under a reorganization that is in line with the company’s purpose-led strategy and cultural transformation. The moves will position Clariant for long-term sustainable growth, the company says.

June 24, 2022

Chemicals & Plastics Procurement: what to expect in the second half of 2022

Chemical Value Chain

Chemicals & plastics industry has the most diversified end-use market across all manufacturing industries. The industry returned to growth in 2021 but a supply chain crunch prevented it from becoming stronger. The market is likely to stabilize in the second half of 2022 with a supply-demand balance.