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TRICORBRAUN APPOINTS SENIOR LEADERSHIP ROLES

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Rhea-AI Summary

TricorBraun has appointed Scott Beamer as Chief Financial Officer, replacing Declan McCarthy, who is now President of TricorBraun Europe. Beamer brings nearly a decade of CFO experience, previously serving at CMC Materials (NASDAQ: CCMP), where he drove significant financial leadership. McCarthy transitions to focus on expanding the company's European operations after overseeing growth as CFO. Both leaders will contribute to TricorBraun's strategic objectives under CEO Court Carruthers, who highlighted the importance of these roles as the company continues its growth trajectory.

Positive
  • Scott Beamer brings extensive financial leadership experience with a successful background in CFO roles.
  • Declan McCarthy's new role as President, TricorBraun Europe is expected to drive growth in that region.
Negative
  • Concerns may arise over continuity in financial strategy with a new CFO.
  • Transitional phase could lead to temporary disruptions in leadership effectiveness.

Scott Beamer Named CFO; Declan McCarthy Appointed President, TricorBraun Europe

ST. LOUIS, May 2, 2022 /PRNewswire/ -- Global packaging leader TricorBraun has named Scott Beamer Chief Financial Officer, effective immediately. He succeeds Declan McCarthy, who has been appointed President, TricorBraun Europe. Both report to President and CEO Court Carruthers.

"Scott's background and accomplishments with growing, global organizations make him an ideal fit for TricorBraun," said Carruthers. "Our entire team is thrilled to welcome Scott, and we look forward to his contributions as we continue to execute our growth strategies while building the best place for the best people in packaging."

Beamer joins TricorBraun with extensive financial leadership experience, including nearly a decade in Chief Financial Officer roles. Most recently he served as Vice President and CFO at CMC Materials (NASDAQ: CCMP). Previously, he served as CFO at Stepan Company and spent 16 years in global finance roles at PPG Industries. Beamer will serve on the company's Executive Leadership Team.

McCarthy Appointed to Newly-Created Role of President, TricorBraun Europe

After serving as TricorBraun's CFO for three and a half years and overseeing significant growth, McCarthy has been appointed President, TricorBraun Europe. In this newly-created role, he will drive growth of the company's European businesses. McCarthy will continue to serve on the company's Executive Leadership Team.

"It's an exciting time for our European business and I am confident in Declan's abilities to lead through our next stage of growth," said Carruthers. "I am grateful for his hard work and significant achievements, not only as CFO, but as part of our Executive Leadership Team. Declan is an exceptional leader and the right person to guide our fantastic team in Europe."

About TricorBraun

Founded in 1902, TricorBraun is a global packaging leader and North America's largest distributor of primary packaging. We provide innovative solutions across a wide array of customer end markets in plastic, glass, and aluminum containers, closures, dispensers, tubes, and flexibles. Our award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight and creative solutions. We leverage our global supply chain expertise, expansive and sustainable footprint, and unmatched purchasing power to identify the best sourcing partners and cost-effective solutions for our customers. TricorBraun is comprised of more than 1,700 packaging professionals operating from more than 75 locations across the Americas, Europe, Asia, and Australia.

 

 

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SOURCE TricorBraun

FAQ

Who is the new CFO of TricorBraun?

Scott Beamer has been appointed as the new CFO of TricorBraun.

What was Scott Beamer's previous position before joining TricorBraun?

Before joining TricorBraun, Scott Beamer served as Vice President and CFO at CMC Materials (NASDAQ: CCMP).

What role will Declan McCarthy hold after leaving the CFO position?

Declan McCarthy has been appointed President of TricorBraun Europe.

Why was Declan McCarthy appointed as President of TricorBraun Europe?

Declan McCarthy was appointed to lead the company's European operations due to his past achievements in overseeing significant growth as CFO.

When were the leadership changes at TricorBraun announced?

The leadership changes were announced on May 2, 2022.

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