Thomas Salmon - Berry Global Chairman of the Board, Chief Executive Officer

BERY Stock  USD 71.71  0.78  1.10%   

Chairman

Mr. Thomas E. Salmon serves as Chairman of the Board, Chief Executive Officer of the Company effective February 1, 2018. He was Chief Executive Officer of Berry since February 2017. Prior to becoming Chief Executive Officer of Berry, Mr. Salmon served as President and Chief Operating Officer of Berry since October 2016. He previously served as President of Berrys Consumer Packaging Division from November 2015 until October 2016, President of Berrys Rigid Closed Top Division from November 2014 until November 2015, and President of Berrys Engineered Materials Division from 2003 until November 2014. Mr. Salmon serves on the board of directors of Old National Bank. Mr. Salmon holds a Bachelor of Business Administration from Saint Bonaventure University in Western New York since 2018.
Age 61
Tenure 6 years
Professional MarksPh.D
Address 101 Oakley Street, Evansville, IN, United States, 47710
Phone812 424 2904
Webhttps://www.berryglobal.com
Salmon’s position as our Chief Executive Officer, extensive familiarity with our Company and extensive experience in the plastics and packaging business qualify him to serve as a director of the Company. The Board unanimously elected Mr. Salmon to succeed Dr. Rich as Chairman of the Board effective February 1, 2018.

Berry Global Management Efficiency

The company has return on total asset (ROA) of 0.0434 % which means that it generated a profit of $0.0434 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.164 %, meaning that it created $0.164 on every $100 dollars invested by stockholders. Berry Global's management efficiency ratios could be used to measure how well Berry Global manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.03 in 2024. Return On Capital Employed is likely to drop to 0.06 in 2024. At this time, Berry Global's Other Current Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 118.1 M in 2024, whereas Total Assets are likely to drop slightly above 11.1 B in 2024.
Berry Global Group currently holds 9.51 B in liabilities with Debt to Equity (D/E) ratio of 3.27, implying the company greatly relies on financing operations through barrowing. Berry Global Group has a current ratio of 1.75, which is within standard range for the sector. Note, when we think about Berry Global's use of debt, we should always consider it together with its cash and equity.

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Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana. Berry Global operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 47000 people. Berry Global Group (BERY) is traded on New York Stock Exchange in USA. It is located in 101 Oakley Street, Evansville, IN, United States, 47710 and employs 40,000 people. Berry Global is listed under Metal, Glass & Plastic Containers category by Fama And French industry classification.

Management Performance

Berry Global Group Leadership Team

Elected by the shareholders, the Berry Global's board of directors comprises two types of representatives: Berry Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Berry. The board's role is to monitor Berry Global's management team and ensure that shareholders' interests are well served. Berry Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Berry Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
JeanMarc Galvez, President of Consumer Packaging - International Division
Jeffrey Bennett, Executive Officer
Stephen Sterrett, Lead Independent Director
William Norman, President of Consumer Packaging – North America Division
B Bayh, Independent Director
Scott Ullem, Independent Director
Idalene Kesner, Independent Director
Curtis Begle, President - Health, Hygiene and Specialties Segment
Kevin Kwilinski, CEO Director
Jason Greene, Executive Vice President, Chief Legal Officer, Secretary
James Till, Executive Vice President Controller
Jonathan Foster, Independent Director
Robert Steele, Independent Director
Ronald Rolfe, Independent Director
Michael Hill, President – Engineered Materials Division
Rodgers Greenawalt, Executive Operations
Edmund Doering, Executive Officer
Mark Miles, Chief Financial Officer, Treasurer
Carl Rickertsen, Independent Director
Thomas Salmon, Chairman of the Board, Chief Executive Officer
Jeff Bennett, Ex Officer
Paula Sneed, Independent Director
Dustin Stilwell, IR Contact Officer
Debbie Garrison, Executive Officer
Mark CPA, Chief Officer
Jill Rahman, Independent Director
Joy Roman, Chief Officer

Berry Stock Performance Indicators

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