CROWN HOLDINGS, INC. ELECTS ANGELA M. SNYDER TO ITS BOARD OF DIRECTORS

Rhea-AI Summary

Crown Holdings (NYSE: CCK) has announced the election of Angela M. Snyder to its Board of Directors, effective July 28, 2022. Snyder, currently the Chief Banking Officer of Fulton Bank, brings extensive experience in the financial sector, having held various leadership roles since 2002. Her background includes serving as CEO of Fulton Bank of New Jersey before its consolidation. Chairman Timothy J. Donahue expressed confidence in Snyder's ability to enhance the board's knowledge and perspective.

Positive

• Angela M. Snyder's extensive financial experience may strengthen the Board's expertise.
• Snyder's leadership background could provide valuable insights for the company's strategic direction.

Negative

• Concerns about continuity with a new board member may arise.
• Potential experience gaps in the consumer packaging industry compared to Snyder's banking focus.

YARDLEY, Pa., July 28, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that Angela M. Snyder has been elected to the Company's Board of Directors effective on July 28, 2022. 

Ms. Snyder is currently the Chief Banking Officer and Senior Executive Vice President of Fulton Bank, a subsidiary of Pennsylvania-based Fulton Financial Corporation, a financial holding company with $25 billion in assets. Since joining Fulton in 2002, she has held several banking-related executive leadership positions, including serving as the Chairwoman, President and Chief Executive Officer of Fulton Bank of New Jersey prior to its consolidation with Fulton Bank in 2019. Before joining Fulton, Ms. Snyder held a number of audit-related and management positions with Fleet Bank and its predecessors. 

Ms. Snyder holds a Bachelor of Science from St. Joseph's University in Philadelphia and is also a graduate of the University of Virginia's Consumer Banking School.

Timothy J. Donahue, the Company's Chairman of the Board, President and Chief Executive Officer, commented: "We are very pleased to welcome Angela to the Board. With her extensive experience in the financial sector and proven track record of senior executive leadership, she will bring valuable knowledge and perspective to Crown."

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

View original content:https://www.prnewswire.com/news-releases/crown-holdings-inc-elects-angela-m-snyder-to-its-board-of-directors-301595567.html

SOURCE Crown Holdings, Inc.

FAQ

Who is Angela M. Snyder and what is her new role at Crown Holdings?

Angela M. Snyder has been elected to the Board of Directors at Crown Holdings, bringing her expertise from Fulton Bank.

What experience does Angela M. Snyder have?

Snyder has over 20 years of experience in the banking sector, including executive roles at Fulton Bank.

When was Angela M. Snyder elected to the Board of Directors?

Angela M. Snyder was elected effective July 28, 2022.

What does Timothy J. Donahue say about Angela Snyder's election?

Timothy J. Donahue expressed that Snyder will bring valuable knowledge and perspective to Crown.

How might Angela M. Snyder's election impact Crown Holdings?

Her extensive financial background could enhance the strategic decision-making of the Board.