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Amcor announces senior executive appointments to accelerate organic growth

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Amcor (NYSE: AMCR; ASX: AMC), a global leader in responsible packaging solutions, has announced key executive appointments to accelerate organic growth. Fred Stephan, previously President of Amcor Flexibles North America, has been named Chief Operating Officer, a newly created role. He will focus on leveraging growth opportunities across global flexible packaging businesses.

David Clark, formerly Vice President of Sustainability, has been appointed Chief Sustainability Officer. This new role, reporting directly to the CEO, will oversee the implementation of Amcor's sustainability strategies and policies company-wide.

These appointments aim to enhance collaboration, drive faster growth in the flexibles business, and increase focus on sustainability initiatives. CEO Peter Konieczny emphasized the company's strong position and significant growth potential, highlighting the opportunity to leverage Amcor's global footprint and scale more effectively.

Amcor (NYSE: AMCR; ASX: AMC), un leader globale nelle soluzioni di imballaggio responsabile, ha annunciato importanti nomine esecutive per accelerare la crescita organica. Fred Stephan, precedentemente Presidente di Amcor Flexibles North America, è stato nominato Chief Operating Officer, un ruolo appena creato. Si concentrerà sullo sfruttamento delle opportunità di crescita in tutto il mondo nel settore dell'imballaggio flessibile.

David Clark, ex Vice Presidente per la sostenibilità, è stato nominato Chief Sustainability Officer. Questo nuovo ruolo, che riporta direttamente al CEO, supervisionerà l'implementazione delle strategie e delle politiche di sostenibilità di Amcor a livello aziendale.

Queste nomine mirano a migliorare la collaborazione, accelerare la crescita nel settore dei prodotti flessibili e aumentare l'attenzione sulle iniziative di sostenibilità. Il CEO Peter Konieczny ha sottolineato la posizione forte dell'azienda e il significativo potenziale di crescita, evidenziando l'opportunità di sfruttare meglio l'impronta globale e la scala di Amcor.

Amcor (NYSE: AMCR; ASX: AMC), un líder global en soluciones de empaque responsable, ha anunciado nombramientos ejecutivos clave para acelerar el crecimiento orgánico. Fred Stephan, anteriormente Presidente de Amcor Flexibles América del Norte, ha sido nombrado Director de Operaciones, un rol recién creado. Se enfocará en aprovechar las oportunidades de crecimiento en los negocios globales de empaque flexible.

David Clark, ex Vicepresidente de Sostenibilidad, ha sido nombrado Director de Sostenibilidad. Este nuevo rol, que reporta directamente al CEO, supervisará la implementación de las estrategias y políticas de sostenibilidad de Amcor a nivel de toda la empresa.

Estos nombramientos tienen como objetivo mejorar la colaboración, impulsar un crecimiento más rápido en el negocio flexible y aumentar el enfoque en las iniciativas de sostenibilidad. El CEO Peter Konieczny enfatizó la sólida posición de la empresa y el significativo potencial de crecimiento, destacando la oportunidad de aprovechar la presencia global y la escala de Amcor de manera más efectiva.

암코르 (NYSE: AMCR; ASX: AMC)는 책임 있는 포장 솔루션의 글로벌 리더로서 유기적 성장을 가속화하기 위한 주요 임원 인사를 발표했습니다. 프레드 스테판은 이전에 암코르 플렉시블스 북미의 사장이었으며, 새롭게 창설된 최고 운영 책임자로 임명되었습니다. 그는 전 세계 플렉시블 포장 사업에서 성장 기회를 활용하는 데 집중할 것입니다.

데이비드 클락은 이전에 지속 가능성 부사장이었으며, 최고 지속 가능성 책임자로 임명되었습니다. 이 새로운 역할은 CEO에게 직접 보고하며, 암코르의 지속 가능성 전략 및 정책을 전사적으로 구현하는 역할을 맡습니다.

이러한 임명은 협업을 강화하고, 플렉시블 비즈니스의 성장을 가속화하며, 지속 가능성 이니셔티브에 대한 초점을 높이는 것을 목표로 합니다. CEO인 피터 코니에츠니는 회사의 강력한 위치와 상당한 성장 잠재력을 강조하며, 암코르의 글로벌 발자국과 규모를 보다 효과적으로 활용할 기회를 강조했습니다.

Amcor (NYSE: AMCR; ASX: AMC), un leader mondial des solutions d'emballage responsables, a annoncé des nominations exécutives clés pour accélérer la croissance organique. Fred Stephan, anciennement président d'Amcor Flexibles Amérique du Nord, a été nommé directeur des opérations, un poste nouvellement créé. Il se concentrera sur l'exploitation des opportunités de croissance à travers les activités d'emballage flexible à l'échelle mondiale.

David Clark, ancien vice-président de la durabilité, a été nommé directeur de la durabilité. Ce nouveau rôle, qui relève directement du PDG, supervisera la mise en œuvre des stratégies et des politiques de durabilité d'Amcor à l'échelle de l'entreprise.

Ces nominations visent à améliorer la collaboration, à accélérer la croissance de l'activité flexible et à renforcer l'accent sur les initiatives de durabilité. Le PDG Peter Konieczny a souligné la position solide de l'entreprise et son potentiel de croissance significatif, mettant en avant l'opportunité de mieux tirer parti de l'empreinte mondiale et de l'échelle d'Amcor.

Amcor (NYSE: AMCR; ASX: AMC), ein globaler Marktführer in verantwortungsbewussten Verpackungslösungen, hat wichtige Führungsbeförderungen bekannt gegeben, um das organische Wachstum zu beschleunigen. Fred Stephan, zuvor Präsident von Amcor Flexibles Nordamerika, wurde zum Chief Operating Officer ernannt, einer neu geschaffenen Position. Er wird sich darauf konzentrieren, Wachstumschancen in den globalen flexiblen Verpackungsbereichen zu nutzen.

David Clark, ehemals Vizepräsident für Nachhaltigkeit, wurde zum Chief Sustainability Officer ernannt. Diese neue Rolle, die direkt an den CEO berichtet, wird die Implementierung der Nachhaltigkeitsstrategien und -richtlinien von Amcor im gesamten Unternehmen überwachen.

Diese Ernennungen zielen darauf ab, die Zusammenarbeit zu verbessern, das Wachstum im flexiblen Geschäft zu beschleunigen und den Fokus auf Nachhaltigkeitsinitiativen zu erhöhen. CEO Peter Konieczny betonte die starke Position des Unternehmens und das erhebliche Wachstumspotenzial und hob die Möglichkeit hervor, Amcors globale Präsenz und Skalierung effektiver zu nutzen.

Positive
  • Creation of new Chief Operating Officer role to accelerate organic growth in flexible packaging
  • Appointment of Chief Sustainability Officer to elevate focus on sustainability initiatives
  • Organizational restructuring to enhance collaboration and drive faster growth
  • Increased focus on commercializing solutions for circular economy in packaging
Negative
  • None.

ZURICH, Sept. 5, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR; ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced senior executive appointments designed to help accelerate organic growth in the business. 

Fred Stephan, previously President, Amcor Flexibles North America, has been appointed to the newly introduced role of Chief Operating Officer. Fred will report to the Chief Executive Officer and will be responsible for enhancing the Company's ability to leverage and accelerate profitable growth opportunities across the global flexible packaging businesses, ensuring coordinated execution between business operations and commercial teams.

David Clark, previously Amcor Vice President, Sustainability, has been appointed to the new Chief Sustainability Officer role. In this role David will report directly to the Chief Executive Officer and have responsibility for Amcor's sustainability strategies and policies, overseeing their implementation across the Company.

Peter Konieczny, Chief Executive Officer said, "Amcor is an outstanding Company that has become a very strong and well positioned global business with significant growth potential. At this stage in the Company's evolution, we have a valuable opportunity to accelerate organic growth by leveraging our global footprint and scale more effectively."

"By introducing the Chief Operating Officer role, we are evolving our organization structure to help facilitate greater collaboration and drive faster growth across our flexibles business. At the same time, aligned with our purpose, we are elevating sustainability by creating the Chief Sustainability Officer role. This enables us to further increase our focus on the significant growth opportunity we can continue to unlock by commercializing solutions that drive the industry toward a circular economy for packaging, while reducing carbon footprint."

"Fred and David are world class, respected leaders with extensive experience. I look forward to their contributions to realizing our growth potential and delivering industry leading value for our customers, our shareholders and the environment."

About Fred Stephan

Fred Stephan, based in Deerfield, Illinois, has served as President of Amcor's Flexibles North America and a member of the Global Management Team, since joining Amcor in June 2019 with the acquisition of Bemis Company, where he was President of Bemis North America. Mr. Stephan has also had oversight of the Amcor Flexibles Latin America business since April 2024. From 2004 to 2017, Mr. Stephan served in senior executive and commercial roles at Johns Manville, a Berkshire Hathaway company, including as Senior Vice President and General Manager, Insulation Systems. Previously, Mr. Stephan spent five years at General Electric, ultimately serving as President and CEO of GE Lighting Systems. He began his career at GE Plastics. Mr. Stephan earned his B.S. in Electrical and Electronics Engineering from Purdue University.

About David Clark

David Clark, based in Ann Arbor, Michigan, joined Amcor in 2004 and has played a key role in advancing Amcor's sustainability agenda for the last 20 years, most recently serving as Vice President of Sustainability. Previously, Mr. Clark was Vice President, Safety, Environment & Sustainability from 2007 to 2018 and Director Sustainability from 2005 to 2007. Prior to these roles Mr. Clark served in Amcor Plant Manager roles and had oversight of an Amcor owned recycling plant in 2004. Before joining Amcor, Mr. Clark worked in the high-tech manufacturing and laser optics industries, with roles in the U.S. and Europe. Mr. Clark holds a B.S., Physics, from the University of Michigan and an MBA from Pepperdine University.

About Amcor

Amcor is a global leader in developing and producing responsible packaging solutions across a variety of materials for food, beverage, pharmaceutical, medical, home and personal-care, and other products.  Amcor works with leading companies around the world to protect products, differentiate brands, and improve supply chains. The Company offers a range of innovative, differentiating flexible and rigid packaging, specialty cartons, closures and services. The company is focused on making packaging that is increasingly recyclable, reusable, lighter weight and made using an increasing amount of recycled content. In fiscal year 2024, 41,000 Amcor people generated $13.6 billion in annual sales from operations that span 212 locations in 40 countries.  NYSE: AMCR; ASX: AMC

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SOURCE Amcor

FAQ

Who has been appointed as Amcor's new Chief Operating Officer?

Fred Stephan, previously President of Amcor Flexibles North America, has been appointed as Amcor's new Chief Operating Officer.

What is the purpose of creating the Chief Operating Officer role at Amcor (AMCR)?

The Chief Operating Officer role at Amcor is designed to enhance the company's ability to leverage and accelerate profitable growth opportunities across global flexible packaging businesses, ensuring coordinated execution between business operations and commercial teams.

Who has been appointed as Amcor's new Chief Sustainability Officer?

David Clark, previously Amcor Vice President of Sustainability, has been appointed as the new Chief Sustainability Officer.

What are the main objectives of Amcor's organizational changes announced on September 5, 2024?

The main objectives are to accelerate organic growth, facilitate greater collaboration, drive faster growth across the flexibles business, and increase focus on sustainability initiatives to unlock growth opportunities in circular economy packaging solutions.

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