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Ball Corporation Appoints Deron Goodwin as Vice President and Treasurer

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Ball Corporation has appointed Deron Goodwin as vice president and treasurer, effective September 26, 2022. Goodwin, who has been with Ball since 2016 as assistant treasurer, brings over 25 years of experience in capital markets and corporate risk management. He succeeds Jeff Knobel, who was treasurer since 2010 and is now senior vice president of global beverage finance. Ball Corporation reported 2021 net sales of $13.8 billion and employs approximately 24,300 people worldwide.

Positive
  • Deron Goodwin's appointment brings fresh leadership with extensive experience in capital markets and risk management.
  • Goodwin has been integral in developing financial strategies, suggesting continuity in effective financial practices.
Negative
  • Transitioning to new leadership may present initial challenges in continuity and strategic alignment.

WESTMINSTER, Colo., Sept. 26, 2022 /PRNewswire/ -- Today Ball Corporation (NYSE: BALL) announced that Deron Goodwin has been appointed as vice president and treasurer of the corporation, effective on September 26, 2022.  

Goodwin joined Ball as assistant treasurer in 2016. Since then, he has played a key role in planning and directing the corporation's global treasury activities and long-term strategic initiatives, as well as identifying and developing solutions to financial risks across our global organization.

Goodwin has more than 25 years of experience in capital markets and corporate risk management. Before joining Ball, has was managing director, corporate derivatives and foreign exchange, at BNP Paribas. He also held similar positions with Royal Bank of Scotland, Barclays Capital and Lehman Brothers.

Goodwin received his MBA from the University of Michigan, Ann Arbor, and his bachelor's degree from the University of Pennsylvania, Philadelphia.

Goodwin succeeds Jeff Knobel, who served as treasurer since 2010 after holding roles of increasing responsibility in Ball's global finance organization after joining Ball in 1997. Knobel was promoted to senior vice president, global beverage finance, earlier this year.

About Ball Corporation 
Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 24,300 people worldwide and reported 2021 net sales of $13.8 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter

Forward-Looking Statements
This report contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates," "believes," and similar expressions typically identify forward-looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements and they should be read in conjunction with, and qualified in their entirety by, the cautionary statements referenced below. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in our Form 10-K, which are available on our website and at www.sec.gov. Additional factors that might affect: a) our packaging segments include product capacity, supply, and demand constraints and fluctuations and changes in consumption patterns; availability/cost of raw materials, equipment, and logistics; competitive packaging, pricing and substitution; changes in climate and weather; footprint adjustments and other manufacturing changes, including the startup of new facilities and lines; failure to achieve synergies, productivity improvements or cost reductions; unfavorable mandatory deposit or packaging laws; customer and supplier consolidation; power and supply chain interruptions; changes in major customer or supplier contracts or loss of a major customer or supplier; inability to pass through increased costs; war, political instability and sanctions, including relating to the situation in Russia and Ukraine and its impact on our supply chain and our ability to operate in Russia and the EMEA region generally; changes in foreign exchange or tax rates; and tariffs, trade actions, or other governmental actions, including business restrictions and shelter-in-place orders in any country or jurisdiction affecting goods produced by us or in our supply chain, including imported raw materials; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the Company as a whole include those listed above plus: the extent to which sustainability-related opportunities arise and can be capitalized upon; changes in senior management, succession, and the ability to attract and retain skilled labor; regulatory actions or issues including those related to tax, ESG reporting, competition, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; the ability to manage cyber threats; litigation; strikes; disease; pandemic; labor cost changes; inflation; rates of return on assets of the Company's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies, including policies, orders, and actions related to COVID-19; reduced cash flow; interest rates affecting our debt; and successful or unsuccessful joint ventures, acquisitions and divestitures, including the sale of our Russian business, and their effects on our operating results and business generally.

Ball Corporation Logo. (PRNewsFoto/Ball Corporation)

 

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SOURCE Ball Corporation

FAQ

Who is the new vice president and treasurer of Ball Corporation?

Deron Goodwin has been appointed as the vice president and treasurer of Ball Corporation, effective September 26, 2022.

What prior experience does Deron Goodwin have before joining Ball Corporation?

Deron Goodwin has over 25 years in capital markets and corporate risk management, previously working at BNP Paribas, Royal Bank of Scotland, Barclays Capital, and Lehman Brothers.

What were Jeff Knobel's roles before becoming senior vice president of global beverage finance?

Jeff Knobel served as treasurer since 2010 and held roles of increasing responsibility in Ball's global finance organization before his promotion.

How have Ball Corporation's financial performance metrics changed with new management?

Ball Corporation reported net sales of $13.8 billion in 2021, but the impact of the management change on future metrics remains to be seen.

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Packaging & Containers
Metal Cans
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