Berry Plastics Declares New COO & Managerial Changes
Zacks Investment Research | Oct 02, 2016 09:47PM ET
Berry Plastics Group, Inc. (NYSE:BERY) announced that Thomas E. (Tom) Salmon has been elected as President and Chief Operating Officer (COO) effective Oct 3, 2016. The appointment is the next step in the company’s ongoing succession process.
Salmon currently serves as President of Berry Plastics’ Consumer Packaging Division and will continue in the role concurrently along with his new duties until his successor is appointed. As the new COO, Salmon will be responsible for the company’s operating businesses, operations, supply chain and procurement.
Berry Plastics also announced that its Chairman and Chief Executive Officer (CEO), Jonathan D. (Jon) Rich, has informed the board of his plans to retire, effective Feb 2017. Upon his retirement, Rich will continue to serve as Executive Chairman of the board.
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