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Crown Holdings, Inc. Announces Promotion of Christy L. Kalaus to Vice President and Corporate Controller and Appointment of David A. Beaver as Vice President and Treasurer

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Crown Holdings (NYSE: CCK) announced the promotion of Christy L. Kalaus to Vice President and Corporate Controller, effective January 1, 2022, as part of the management succession plan. David A. Beaver, the current Corporate Controller, will transition to Vice President & Treasurer on the same date. The CEO, Timothy J. Donahue, expressed confidence in their finance and accounting expertise, highlighting their integral role in the company's growth. The release includes a cautionary note on forward-looking statements, indicating risks that could influence future performance.

Positive
  • Promotion of Christy L. Kalaus expected to bring fresh perspectives in finance and accounting as Vice President and Corporate Controller.
  • David A. Beaver's new role as Vice President & Treasurer may enhance financial strategy and operations.
Negative
  • None.

YARDLEY, Pa., Oct. 29, 2021 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced that Ms. Christy L. Kalaus, the Company's Assistant Corporate Controller, was promoted to Vice President and Corporate Controller, effective January 1, 2022, in accordance with the Company's management succession plan.

Mr. David A. Beaver, the Company's current Corporate Controller, will serve as the Company's new Vice President & Treasurer, effective January 1, 2022.

"I would like to congratulate both Christy and Dave on their well-deserved promotions," said Mr. Timothy J. Donahue, the Company's Chief Executive Officer.  "I believe their considerable finance and accounting expertise and deep understanding of the Company's business will continue to play an integral part in Crown's growth and success."

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, all other information in this press release consists of forward-looking statements.  These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements.  Important factors that could cause the statements made in this press release or the actual results of operations or financial condition of the Company to differ are discussed under the caption "Forward-Looking Statements" in the Company's Form 10-K Annual Report for the year ended December 31, 2020 and in subsequent filings made prior to or after the date hereof.  The Company does not intend to review or revise any particular forward-looking statement in light of future events.

About Crown Holdings, Inc.

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets.  World headquarters are located in Yardley, Pennsylvania.  For more information visit www.crowncork.com.

For more information, contact:

Thomas A. Kelly, Senior Vice President and Chief Financial Officer, (215) 698-5341, or

Thomas T. Fischer, Vice President, Investor Relations and Corporate Affairs, (215) 552-3720

Cision View original content:https://www.prnewswire.com/news-releases/crown-holdings-inc-announces-promotion-of-christy-l-kalaus-to-vice-president-and-corporate-controller-and-appointment-of-david-a-beaver-as-vice-president-and-treasurer-301411912.html

SOURCE Crown Holdings, Inc.

FAQ

What management changes were announced by Crown Holdings on October 29, 2021?

Crown Holdings announced the promotion of Christy L. Kalaus to Vice President and Corporate Controller, and David A. Beaver as Vice President & Treasurer, effective January 1, 2022.

What is the significance of Christy L. Kalaus's promotion for Crown Holdings?

Christy L. Kalaus's promotion is expected to enhance the company's financial management and contribute to its overall growth strategy.

Who is the CEO of Crown Holdings and what did he say about the promotions?

Timothy J. Donahue, the CEO, congratulated Christy L. Kalaus and David A. Beaver on their promotions, emphasizing their expertise and importance to the company's success.

What is the effective date of the promotions announced by Crown Holdings?

The promotions of Christy L. Kalaus and David A. Beaver will take effect on January 1, 2022.

Crown Holdings Inc.

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