Berry CEO Named Board Chairman

Posted: Updated:
Tom Salmon Tom Salmon

The board of directors for Evansville-based Berry Global Group Inc. has elected Chief Executive Officer Tom Salmon (pictured) chairman. Salmon succeeds Jon Rich, who will retire as executive chairman in February.

Salmon was elected to the position by a unanimous vote from board members. He has been a member of the board since his appointment to CEO a year ago. Salmon succeeded Rich in that position as well.

"Berry is fortunate to have a leader with Tom’s deep industry experience to become our Chairman," said Ron Rolfe, chairman of Berry’s Nominating and Governance Committee of the Board. "We have appreciated Jon serving as Executive Chairman after having retired as CEO in February 2017. The Board wants to thank Jon for his service to Berry and wish him the best in his retirement."

In a statement Friday, Rich expressed his confidence in Salmon's leadership abilities, saying the time is right to "complete the passing of the baton to the next generation."

  • Perspectives

    • The Evolution of Business: From Bottom Line to Value Creation And Impact

      In today's world, consumers want to know how corporations, as a whole, are taking a stand. In fact, customers are 43 percent more likely to purchase a product from a company they know is committed to social value. It's not just consumers pushing this trend. Financial service industry leaders, like KeyBank's Beth Mooney and BlackRock's Larry Fink, are challenging business owners and the C-Suite to rethink their economic impact, environmental footprint and social conscience.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • St. Vincent Announces Layoffs

      St. Vincent Health says it has laid off 85 employees throughout the state. In a statement to Inside INdiana Business, St. Vincent cites a rapidly-evolving healthcare environment as a reason for the workforce reduction. 

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

    • (Image Courtesy: Lilly Oncology)

      Lilly Closes on Mega Acquisition

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has completed its acquisition of ARMO BioSciences Inc. of California. The deal, which was valued at approximately $1.6 billion when first announced last month, boosts Lilly's immuno-oncology pipeline. Lilly offered $50 per share of ARMO stock for the company. ARMO's portfolio includes...

    • GM recently announced it would invest more than $1 billion in its Fort Wayne Assembly plant.

      Auto Job Fair Coming to Allen County

      General Motors is hiring more than 100 new employees in Fort Wayne. The positions in everything from finance to manufacturing are following a gradually increasing presence in the area for the past few years. In 2016, the company invested $127 million in its casting plant in Bedford and planned to pump an additional $1 billion into the Fort Wayne area over the next few years to double the size of its operation. The expansion of GM’s operations has led to increased business for ...

    • Ranking: Elevate Ventures Top 10 in Early-Stage Investing

      A global financial data and software company ranks Elevate Ventures near the top in a key category. PitchBook says the Indianapolis-based private venture organization is 10th most active among venture capital firms investing in angel-stage or seed-stage companies in the world. Elevate Ventures Chief Executive Officer Chris LaMothe will be a guest this weekend on Inside INdiana Business With Gerry Dick.In 2017, Elevate Ventures invested in 26 early-stage Hoosier businesses and...