Greif, Inc. Announces Election of New Board Member

Rhea-AI Summary

Greif, Inc. (NYSE: GEF, GEF.B) announced the election of Roel Vestjens to its Board of Directors on August 31, 2022. Vestjens, current President and CEO of Belden Inc., brings extensive experience in global leadership roles across sales, marketing, operations, and general management. His appointment is expected to enhance the Board's expertise and bring valuable insights to Greif. The company aims to be the best performing customer service company globally, specializing in industrial packaging products and services across over 35 countries.

Positive

• Roel Vestjens brings extensive global leadership experience from Belden Inc.
• His diverse skill set is expected to add significant value to Greif's Board.

Negative

• None.

New Board member diversifies expertise and brings additional global thought leadership to the Board

DELAWARE, Ohio, Aug. 31, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the election of Roel Vestjens to the Greif Board of Directors.

Mr. Vestjens is the current President and Chief Executive Officer of Belden Inc. During his tenure with Belden, he has held a diverse array of global leadership roles within sales, marketing, operations, and general management. Prior to joining Belden, Mr. Vestjens held various sales and marketing leadership roles with Royal Philips Electronics European division. Mr. Vestjens holds a Bachelor of Science degree in Electrical Engineering and a Master of Science degree in Management from Nyenrode Business University in the Netherlands.

"We are pleased to welcome this talented and experienced leader to the Board of Directors," said Pete Watson, Executive Chairman of the Greif Board of Directors. "His diverse leadership experiences and global viewpoint will bring a wealth of expertise to Greif and will add tremendous value to our Company."

About Greif, Inc.

Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com. 

Contact:
Matt Leahy
740-549-6158
matthew.leahy@greif.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/greif-inc-announces-election-of-new-board-member-301615751.html

SOURCE Greif, Inc.

FAQ

Who is Roel Vestjens and what is his role at Greif, Inc.?

Roel Vestjens is the newly elected Board member of Greif, Inc., currently serving as President and CEO of Belden Inc.

What experience does Roel Vestjens bring to Greif, Inc.?

Vestjens brings a wealth of experience in sales, marketing, operations, and general management from his tenure at Belden and Royal Philips Electronics.

When was Roel Vestjens elected to the Board of Directors of Greif, Inc.?

Roel Vestjens was elected to the Board on August 31, 2022.

How might Roel Vestjens' appointment impact Greif, Inc.?

His diverse leadership background is expected to enhance the Board's expertise, potentially improving strategic decision-making.