Creation of three market-focused divisions allows Company to best serve customers, drive future growth, and maximize shareholder value
“I am extremely excited about the transformation taking place at
The new business structure will be led by experienced leaders from the
Health, Hygiene, and Specialties – The Health, Hygiene, and
Specialties Division will consist of the newly acquired AVINTIV
business, in addition to Berry Plastics’ heritage flexible packaging
personal care and medical product lines that were previously part of
the Company’s Flexible Packaging Division. The Health, Hygiene and
Specialties Division will be led by
Scott Tracey, currently AVINTIV’s North America President. Tracey joined PGI in 2004 and served as AVINTIV’s Europe/Mideast/Africa President from 2012-2014.
Consumer Packaging – The Consumer Packaging Division combines
Berry Plastics’ heritage Rigid Open Top and Rigid Closed Top
divisions, the flexible packaging food and consumer product lines that
were formerly part of the Company’s Flexible Packaging Division, and
the shrink film product lines that were formerly part of Berry
Plastics’ Engineered Materials Division.
Tom Salmon, currently President of the Rigid Closed Top Division, will now lead the Consumer Packaging Division. Salmon joined Covalence, a predecessor company of Berry, in 2006 and served as President of Berry Plastics’ Engineered Materials Division from 2006-2014.
Engineered Materials – The Engineered Materials Division
combines Berry Plastics’ historical Engineered Materials Division and
its Flexible Packaging converter product line, except for the shrink
film products that are moving to Consumer Packaging.
Curt Beglewill continue in his role as President of Engineered Materials. Begle began his career with Berry Plasticsin 1999 and served as President of the Company’s Rigid Closed Top Division from 2009-2014.
With the announcement of Berry Plastics’ new business structure, current
AVINTIV President and CEO,
Certain statements and information included in this release may
constitute "forward looking statements" within the meaning of the
Federal Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance, or achievements of