Management change at beverage can maker Ball Packaging Europe

Michael D. Herdman takes over as president of Ball Packaging Europe with immediate effect. His predecessor, John A. Hayes, has been appointed executive vice president and chief operating officer of Ball Corporation by the board of directors of Ball Corporation. In addition, Gerrit Heske has been promoted to executive vice president and chief operating officer of Ball Packaging Europe.

 

Michael D. Herdman, 57, has been Ball Corporation’s president of metal beverage packaging, Americas, since 2004. Prior to joining Ball, he was president and chief executive officer of beverage cans Europe/Asia for Rexam PLC. Herdman’s packaging experience includes managing can making operations in Asia and Europe; directing worldwide business development through a global licensee network; and managing a plastic container division in the United States.

 

Gerrit Heske, 43, began his career at Ball Packaging Europe in 1993. Having successfully occupied various leading positions, he was appointed vice president manufacturing in 2003. In his new position Gerrit Heske will remain in charge of the complete manufacturing operations of Ball Packaging Europe. In addition, the supply chain, sales & marketing and innovation functions will report to him.

 

John A. Hayes, 42, has been president of Ball Packaging Europe and a senior vice president of Ball Corporation. All of Ball’s operating units will report to Hayes. He will report to R. David Hoover who continues as chairman, president and chief executive officer. In addition to Ball Packaging Europe, the operating units reporting to Hayes will be metal beverage packaging, Americas and Asia; metal food and household products packaging, Americas, plastic packaging, Americas; and Ball Aerospace & Technologies Corp.

 

“John has done an outstanding job over the last three years while running our European subsidiary Ball Packaging Europe. That, along with his previous experience at Ball and elsewhere, made him the obvious choice to head our operations”, David Hoover emphasizes. “John brings leadership, energy, experience and intellect to this new assignment.”

John Hayes joined Ball in 1999 as senior director corporate planning and development. He was appointed vice president, marketing and corporate strategy, in 2000 before taking over Ball Packaging Europe at the beginning of 2005. Prior to joining Ball, he was a vice president at Lehman Brothers in Chicago.

 

In addition, Ball Corporation’s board of directors today appointed John R. Friedery, 51, president, metal beverage packaging, Americas and Asia. Since 2004 he has had responsibility for Ball Asia Pacific Ltd, based in China, Ball’s metal food and household products packaging, Americas, and plastic packaging, Americas, divisions.

 

Ball Packaging Europe

Ball Packaging Europe is one of the leading European beverage can makers, employing 2,700 people at 12 sites in Germany, France, United Kingdom, the Netherlands, Poland and Serbia. The company is a subsidiary of Ball Corporation, a supplier of high-quality metal and plastic packaging for beverage, food and household products customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ more than 15,500 people worldwide and reported 2006 sales of 6.6 billion US dollar.

Forward-Looking Statements

This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates" and similar expressions identify forward-looking statements. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those expressed or implied. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key risks and uncertainties are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in our Form 10-K, which are available on our website and at www.sec.gov. Factors that might affect: a) our packaging segments include product demand fluctuations; availability/cost of raw materials; competitive packaging, pricing and substitution; changes in climate and weather; crop yields; competitive activity; failure to achieve productivity improvements or cost reductions; mandatory deposit or other restrictive packaging laws; changes in major customer or supplier contracts or loss of a major customer or supplier; political instability and sanctions; and changes in foreign exchange or tax rates; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the company as a whole include those listed plus: changes in senior management; successful or unsuccessful acquisitions and divestitures; regulatory action or issues including tax, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; litigation; strikes; labor cost changes; rates of return on assets of the company's defined benefit retirement plans; pension changes; uncertainties surrounding the U.S. government budget, sequestration and debt limit; reduced cash flow; ability to achieve cost-out initiatives; interest rates affecting our debt.

 

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