The board of directors for Evansville-based Berry Global Group Inc. (NYSE: BERY) has selected Chief Executive Officer Tom Salmon to become chairman of the board. Salmon will succeed 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."