Berry Global Appoints Kevin Kwilinski as Chief Executive Officer
15 Agosto 2023 - 10:00AM
Business Wire
Tom Salmon to Remain in Advisory Role Through
Year-End
Stephen Sterrett, Lead Independent Director,
Named Chairman of the Board
Berry Global Group, Inc. (NYSE: BERY) (“Berry” or the
“Company”), a leading supplier of packaging solutions for consumer
goods and industrial products, today announced that its Board of
Directors (the “Board”) has unanimously elected Kevin Kwilinski as
Chief Executive Officer of Berry, effective October 2, 2023. In
connection with this appointment, the Board has elected Stephen
Sterrett, Lead Independent Director, as Chairman of the Board, also
effective on October 2, 2023. As previously announced in February
2023, Tom Salmon will retire from his roles as CEO and Chairman,
and he will remain with the Company through the end of the calendar
year in an advisory capacity to ensure a smooth transition.
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Kevin Kwilinski (Photo: Business
Wire)
Mr. Kwilinski brings to Berry nearly three decades of experience
in the packaging industry and a track record of driving operational
excellence, expanding margins and managing complex global
operations. He currently serves as President and CEO of Multi-Color
Corporation, a global provider of label solutions, where he
successfully led and integrated multiple acquisitions, resulting in
significant EBITDA and revenue growth while delivering above target
commercial and operational synergies. Prior to that, he served as
CEO of Fort Dearborn Company, a leading supplier of decorative
labels for the beverage, food, household products, nutraceutical,
paint and coatings sectors, which merged with Multi-Color in July
2021 with the backing of private equity firm Clayton, Dubilier
& Rice. Mr. Kwilinski previously served as CEO of Paperworks
Industries, where he guided the company’s growth by supporting an
aggressive go-to-market strategy and simultaneously implemented
continuous improvement processes that resulted in significant
improvement in product quality, customer service levels and
customer satisfaction.
“Following a comprehensive search process, the Board determined
that Kevin is the ideal individual to guide Berry through its next
phase of growth and value creation,” Mr. Sterrett said. “Kevin is a
proven leader who knows our industry well. He has spent the last 15
years serving as the CEO of companies within the packaging space
and, as an Indiana native, he understands the importance of Berry
Global to the State. Kevin will be a great leader because he shares
Berry’s values of teamwork, customer-focus and excellence, and his
performance-driven leadership style directly aligns with Berry’s
culture. He has distinguished himself over the course of his career
as a disciplined operator with a focus on revenue growth and cost
management. We are confident that he will be an outstanding CEO
with the skills necessary to achieve our strategic objectives and
accelerate shareholder value.”
Mr. Kwilinski said, “I am excited to join Berry, a company with
a proud 56-year history and a reputation for excellence in the
packaging industry. What attracted me to Berry is its ability to
support customers at every stage of the product development process
and deliver the most innovative solutions in the market. The
efforts that Tom and the team have made over the last several years
to pivot Berry’s portfolio into higher-growth markets, including
food service, health and beauty, dispensing and pharmaceuticals,
have created a strong foundation for future growth, and I am eager
to capitalize on the opportunities ahead. I look forward to working
alongside the Board, Berry’s management and the global team to lead
the Company toward realizing its strategic value to benefit all our
stakeholders.”
Mr. Sterrett concluded, “On behalf of the entire Board, I thank
Tom for his leadership and look forward to continuing to benefit
from his strategic guidance for the remainder of the year. Since
first joining Berry nearly 20 years ago, he has been instrumental
to the Company’s growth, and we wish him well in his
retirement.”
Mr. Salmon said, "It has been a privilege to lead Berry’s
talented employees as CEO for the past six years, and I am
extremely proud of the many accomplishments achieved by the Berry
team during my tenure. The Board and I have full confidence in
Kevin and in his ability to join with the rest of the leadership
team to take the Company forward into its next chapter."
About Kevin Kwilinski Mr.
Kwilinski has nearly 30 years of experience in the packaging
industry, serving as the CEO of multiple companies within the space
over the last 15 years. He currently serves as President and CEO of
Multi-Color Corporation, where he successfully led and integrated
multiple acquisitions, resulting in significant EBITDA and revenue
growth while delivering above target commercial and operational
synergies. Prior to that, he served as CEO of Fort Dearborn
Company, which merged with Multi-Color in July 2021 with the
backing of private equity firm Clayton, Dubilier & Rice. Mr.
Kwilinski previously served as CEO of Paperworks Industries, where
he guided the company’s growth by supporting an aggressive
go-to-market strategy and simultaneously implemented continuous
improvement processes that resulted in significant improvement in
product quality, customer service levels and customer satisfaction.
Mr. Kwilinski’s first packaging CEO role began in 2009 at closure
and container manufacturer Portola Packaging, where he successfully
led the execution of a substantial value creation plan culminating
in the sale of the business to Silgan Holdings. Prior to that, he
spent 12 years at Graphic Packaging, where he served in number of
positions across the organization.
Mr. Kwilinski holds a Bachelor’s degree in Physics and
Mathematics from Greenville College and a Master’s degree in
Industrial and Operations Engineering from the University of
Michigan.
About Berry At Berry Global
Group, Inc. (NYSE:BERY), we create packaging and engineered
products that we believe make life better for people and the
planet. We do this every day by leveraging our unmatched global
capabilities, sustainability leadership, and deep innovation
expertise to serve customers of all sizes around the world.
Harnessing the strength in our diversity and industry leading
talent of 46,000 global employees across more than 250 locations,
we partner with customers to develop, design, and manufacture
innovative products with an eye toward the circular economy. For
more information, visit our website, or connect with us on LinkedIn
or Twitter. (BERY-F)
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version on businesswire.com: https://www.businesswire.com/news/home/20230815933184/en/
Investor Contact: Dustin Stilwell +1 812.306.2964
ir@berryglobal.com
Media Contact: Amy Waterman +1 812.306.2435
amywaterman@berryglobal.com
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