Berry Plastics CEO to Retire

Posted: Updated:
Rich has led the company for the last six years. Rich has led the company for the last six years.
EVANSVILLE -

Evansville-based Berry Plastics Group Inc. (NYSE: BERY) has detailed a succession plan at the top. Jon Rich, who has been chief executive officer and board chair since 2010, has announced plans to retire from day-today operations in February. Consumer Packaging Division President Tom Salmon has been named president and chief operating officer as part of the transition process.

Rich will stay on with the company as executive chairman of its board of directors. "The creation of the president and chief operating officer role is the next step in our ongoing succession process," Rich said. "Tom's background, experience and track record of success leading multiple Berry divisions throughout his career with the company make him eminently qualified to take on this important leadership role." The company has been publicly traded since 2012 and Rich says it has a "strong leadership team and the time is right for the next generation to take Berry into the future."

Salmon has been with Berry Plastics for nearly 10 years. He came on following the acquisition of Covalence Specialty Materials, where he served as head of its adhesives division for four years. He spent seven years as president of the Berry Plastics Engineering Packaging Division before moving to president of the Rigid Closed Top Division in 2014, then president of Consumer Packaging last year. His previous experience includes positions with Honeywell Plastics, Allied Signal’s Engineering Plastics and Films business and General Electric's Plastics and Lighting divisions.

Salmon says "I'm excited to take on this new role as Berry's president and chief operating officer. I look forward to continuing Berry's long history of delivering value to our customers and shareholders while providing great opportunities for our employees and the communities where we are located." He will remain president of Consumer Packaging until a replacement is named.

  • Perspectives

    • School District Raises Questions About ILEARN

      Like all schools in Indiana, we were disheartened at the ILEARN results for school year 2018. We would like to raise several questions concerning this test as it relates to college and career readiness for our students. The annual Indiana Statewide Assessment (this year’s ILEARN) has been developed to evaluate college and career readiness at all levels tested. We are very troubled by our lack of understanding of what indicators in the test evaluate...

    More

Events



  • Most Popular Stories

    • School District Raises Questions About ILEARN

      Like all schools in Indiana, we were disheartened at the ILEARN results for school year 2018. We would like to raise several questions concerning this test as it relates to college and career readiness for our students. The annual Indiana Statewide Assessment (this year’s ILEARN) has been developed to evaluate college and career readiness at all levels tested. We are very troubled by our lack of understanding of what indicators in the test evaluate...

    • Purdue to Open Chick-Fil-A Amid Protests

      Citing overwhelming demand for Chick-fil-A’s food and services, Purdue University has announced it will allow the restaurant to open on campus. The university has been at the center of a debate over the Georgia-based food chain. 

    • (image courtesy of Pixabay/NIkolay Frolochkin

      State Revenue Ticks Higher in August

      Indiana revenue in August exceeded projections by nearly four percent. The Indiana State Budget Agency reports General Revenue funds last month hit $1.1 billion, 3.8 percent above projections. Sales tax revenue came in higher than anticipated at $693 million, more than three percent higher.

    • Photo courtesy of Indianapolis Motor Speedway

      Red Bull to Discontinue Air Race World Championship

      The Red Bull Air Race at the Indianapolis Motor Speedway, originally scheduled for October, has been canceled as a result of Red Bull's decision to discontinue the Air Race World Championship following the 2019 season. The company says the races scheduled between June and September in Russia, Hungary and Japan will run as planned. 

    • (Provided Photo/ALOM Technologies)

      ALOM CEO: Indy 'One of Our Biggest Successes'

      The chief executive officer of California-based ALOM says in the two years since opening a fulfillment and distribution hub in Indianapolis, the facility has been one of the company's biggest successes. The supply chain management company this week cut the ribbon on its expanded 160,000-square-foot facility, which Hannah Kain says will lead to continued growth in Indy. When the project was first announced earlier this year, ALOM said it would increase employment by 25%.