Pactiv Evergreen Inc. Announces John Rooney, President, Beverage Merchandising, will be leaving the organization at the end of June

Rhea-AI Summary

Pactiv Evergreen Inc. (NASDAQ: PTVE) announced that John Rooney, President of Beverage Merchandising, will depart at the end of June. CEO Mike King recognized Rooney's 30-year tenure and contributions, expressing gratitude and wishing him well in future endeavors. The company will initiate a search for a new President for this division. Pactiv Evergreen manufactures and distributes foodservice products and beverage cartons across North America and international markets, serving a diverse range of clients including restaurants, supermarkets, and food processors.

Positive

• None.

Negative

• Departure of John Rooney could lead to leadership instability in the Beverage Merchandising division.
• Searching for a new President may take time, potentially affecting operational continuity.

Pactiv Evergreen Inc. (NASDAQ: PTVE) announced today that John Rooney, President, Beverage Merchandising, will be leaving the organization at the end of June. Mike King, CEO of Pactiv Evergreen stated, “I want to recognize and express the company’s gratitude to John Rooney for his leadership and countless contributions over his tremendous 30-year career with the organization. We wish John success in his future endeavors.” A search for a new President for the Beverage Merchandising business will be conducted.

About Pactiv Evergreen Inc.

Pactiv Evergreen Inc. is a manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America and certain international markets. It supplies its products to a broad and diversified mix of companies, including full service restaurants and quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, food packers and food processors.

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FAQ

Who is leaving Pactiv Evergreen Inc. and when?

John Rooney, President of Beverage Merchandising, will leave Pactiv Evergreen at the end of June.

What did CEO Mike King say about John Rooney's departure?

CEO Mike King expressed gratitude for Rooney's leadership and contributions during his 30-year career with the company.

What type of products does Pactiv Evergreen Inc. manufacture?

Pactiv Evergreen manufactures fresh foodservice products and beverage cartons for various markets.

What clients does Pactiv Evergreen serve?

Pactiv Evergreen serves a diversified mix of clients, including restaurants, supermarkets, and food processors.