Berry Global CEO Tom Salmon to Retire at Year-End 2023

Berry Global Group, Inc. (NYSE: BERY) (“Berry” or the “Company”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today that Thomas “Tom” E. Salmon will retire as Chief Executive Officer and Chairman of the Board effective December 31, 2023. The Board, as part of its long-standing succession planning work, has engaged Spencer Stuart, a leading executive search firm, to assist with the identification of a successor, considering both internal and external candidates.

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Tom Salmon, Chairman and CEO, Berry Global (Photo: Business Wire)

“I am extremely proud of all that our talented team has accomplished as we continue to execute our strategy and trailblaze the industry by developing sustainable and innovative packaging, even during a period of unprecedented global disruption,” Salmon said. “Thanks to the continued hard work and dedication of the entire organization, I am confident the Company is well-positioned to continue to deliver significant value for all stakeholders.”

“Under Tom’s outstanding leadership, Berry has achieved record results, established the industry’s most diversified and expansive manufacturing footprint, bolstered our portfolio with sustainability-focused investments in emerging markets, and consistently delivered for customers,” said Berry Lead Independent Director Stephen E. Sterrett. “Our primary goal in the CEO search process will be to identify a strong leader to build on Tom’s legacy, one who shares Berry’s core values and who will continue the Company’s momentum. We look forward to Tom’s continued leadership in the year ahead and fully expect a seamless transition.”

First Quarter 2023 Financial Results and Conference Call

In a separate press release issued today, Berry released its financial results for the first quarter 2023. Berry will hold a conference call to discuss these results and company performance at 10 a.m. Eastern Time today, February 2. The live webcast can be accessed on the Company’s website at https://ir.berryglobal.com/financials.

About Berry

At Berry Global Group, Inc. (NYSE:BERY), we create innovative packaging and engineered products that we believe make life better for people and the planet. We do this every day by leveraging our unmatched global capabilities, sustainability leadership, and deep innovation expertise to serve customers of all sizes around the world. Harnessing the strength in our diversity and industry leading talent of 46,000 global employees across more than 265 locations, we partner with customers to develop, design, and manufacture innovative products with an eye toward the circular economy. The challenges we solve and the innovations we pioneer benefit our customers at every stage of their journey. For more information, visit our website, or connect with us on LinkedIn or Twitter.