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Ball Corporation (NYSE: BLL) announced senior management promotions effective 2021 to strengthen its leadership. Daniel W. Fisher is appointed president and joins the board, having contributed significantly since 2010. Scott C. Morrison and Lisa A. Pauley are promoted to executive vice presidents, retaining their current roles. Ronald J. Lewis becomes senior vice president and COO of Global Beverage Packaging. The company emphasizes continuity and strong leadership as it executes its "Drive for 10" vision.
Ball Corporation (NYSE: BLL) and Coors Light announced a partnership to provide the Ball Aluminum Cup™ at Allegiant Stadium in Las Vegas. This initiative aims to enhance sustainability efforts by offering a fully recyclable beverage option for attendees. Starting with 100,000 20-ounce aluminum cups available, the collaboration reflects growing consumer demand for eco-friendly products. With an annual economic impact of $620 million anticipated from the stadium, this partnership aligns with both companies' commitment to sustainability.
Ball Corporation (NYSE: BLL) reported Q3 2020 net earnings of $241 million, or 72 cents per diluted share, on sales of $3.1 billion, reflecting a significant increase from $92 million, or 27 cents per diluted share, a year prior. Year-to-date, net earnings were $358 million on sales of $8.7 billion, down from $406 million. The company noted 27% growth in comparable earnings per share, attributed to 9% global beverage volume growth and 14% aerospace contracted backlog growth. Ball's new investments and acquisitions position it for ongoing growth and shareholder returns.
Ball Corporation (NYSE: BLL) announced the retirement of Robert D. Strain, senior vice president and president of Ball Aerospace, effective January 1, 2021, after over 30 years in aerospace. Strain's successor, Dr. David Kaufman, has over 25 years of experience in the industry and served as COO since January 2020. Kaufman joined Ball Aerospace in 2000 and held several leadership roles. The transition aims to ensure continuity and growth in Ball Aerospace's operations.
Broomfield, Colo., Oct. 28, 2020 /PRNewswire/ -- Ball Corporation (NYSE: BLL) has declared a cash dividend of 15 cents per share, payable on Dec. 15, 2020, to shareholders of record as of Dec. 1, 2020. The company will announce its third quarter 2020 earnings on Nov. 5, 2020. Ball Corporation provides sustainable packaging solutions across various sectors and generated $11.5 billion in net sales in 2019. More details can be found on their website.
Ball Aerospace has successfully shipped the Ozone Mapping Profile Suite (OMPS) instrument for integration into NOAA's Joint Polar Satellite System-2 (JPSS-2) on Oct. 7, 2020. This instrument, which is the third OMPS by Ball, will enhance ozone measurements critical for weather forecasting and ozone layer health monitoring. The OMPS includes a Nadir Mapper, Nadir Profiler, and a NASA-provided Limb Profiler for comprehensive ozone data collection. Ball has a strong history in ozone mapping, having developed nearly 20 related instruments since the 1970s.
Ball Corporation (NYSE: BLL) will announce its third quarter earnings on November 5, 2020, before market open. A conference call will be held at 9 a.m. MT to discuss the results. Investors can access the call via the toll-free number 800-584-0405 or through a live webcast. A replay will be available from 11 a.m. MT on the same day until November 12, 2020. The company recently hosted its 2020 Virtual Investor Day. Ball Corporation focuses on innovative aluminum packaging solutions and reported 2019 sales of $11.5 billion.
Ball Aerospace President Rob Strain has been appointed to the Defense Innovation Board's Space Advisory Committee. Strain, with over 30 years in aerospace, will help guide Department of Defense leaders in leveraging innovation for space challenges. His background includes directing NASA's Goddard Space Flight Center and overseeing significant missions. Strain's expertise is expected to play a pivotal role in shaping U.S. space exploration strategies.
Ball Corporation (NYSE: BLL) will host a virtual investor day on Oct. 6, 2020, featuring management and global leaders discussing industry trends and opportunities. The event will run from 8 a.m. to 11 a.m. MT and will include a live Q&A session for investors. Ball will also report its third quarter earnings on Nov. 5, 2020, with further details on the conference call to follow. The company reported $11.5 billion in net sales for 2019 and employs over 18,300 people worldwide, focusing on sustainable aluminum packaging solutions.
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