Changes to Amcor plc Board of Directors
Amcor plc (NYSE: AMCR) has nominated Achal Agarwal as a non-executive director for election at the upcoming Annual Meeting on November 10, 2021. With over 40 years of experience in the consumer goods sector, including leadership roles at Kimberly-Clark Corporation and PepsiCo, Mr. Agarwal brings valuable insights to the Board. Concurrently, Philip Weaver will retire, having contributed significantly to the Board's finance and accounting expertise. The leadership transition aims to enhance the Board's effectiveness and strategic direction.
- Achal Agarwal's extensive experience in the consumer goods industry may provide fresh perspectives for Amcor.
- The Board believes Agarwal's knowledge of developed and emerging markets in the Asia Pacific region will complement existing skills.
- The retirement of Philip Weaver may create a gap in financial oversight and strategic guidance on the Board.
ZURICH, Sept. 29, 2021 /PRNewswire/ -- Amcor plc (NYSE: AMCR; ASX: AMC) today announced that Achal Agarwal has been nominated as a non-executive director for election at the Company's Annual Meeting of Shareholders on Wednesday November 10, 2021.
Mr. Agarwal most recently held several Global Executive Leadership roles at Kimberly-Clark Corporation (KCC) from 2008-2021, including Global Chief Strategy and Transformation Officer and President of KCC's Asia Pacific region. Before joining Kimberly-Clark, Mr. Agarwal held various regional leadership positions at PepsiCo, including Chief Operating Officer of its beverages business in Greater China from 2002-2008. Mr. Agarwal holds a degree and a Masters of Business Administration from the University of Delhi, and an Advanced Management Program degree from The Wharton School, University of Pennsylvania. He serves as Chairman of the World Wide Fund for Nature Singapore (WWF-Singapore) and a non-executive director on the Board of SATS Ltd.
The Board believes Mr. Agarwal's four decades of experience in the consumer goods industry and deep knowledge of developed and emerging markets in the Asia Pacific region will complement the Board's existing skill set and provide invaluable knowledge and perspectives moving forward.
Amcor also announced that Philip Weaver will retire from the Board of Directors at the Annual Meeting. Mr Weaver has been a valued member of the Amcor plc board and served as a member of the Compensation Committee. Mr Weaver's extensive knowledge and experience in finance and accounting have been an asset to the Board and his fellow directors express their thanks for his thoughtful insight, sound counsel and important contribution to the Board during his tenure.
For further information please contact:
Investors Damien Bird Amcor +61 3 9226 9070 / +1 224 478 5790 | Media Ernesto Duran Amcor +41 78 698 69 40 |
About Amcor
Amcor is a global leader in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home- and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve value chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly light-weighted, recyclable and reusable, and made using a rising amount of recycled content. Around 46,000 Amcor people generate US
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SOURCE Amcor plc
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