Amcor plc
Amcor Appoints New CFO and Reaffirms Fiscal 2026 Outlook
Summary
Amcor plc announced the appointment of Stephen R. Scherger as its new Executive Vice President and Chief Financial Officer, effective November 10, 2025. Scherger succeeds Michael Casamento, who is stepping down to return to Australia. Casamento will remain as an advisor until June 30, 2026. The company also reaffirmed its fiscal 2026 outlook, expecting Adjusted EPS of 80-83 cps and Free Cash Flow of $1.8-1.9 billion. For the first quarter, Amcor expects Adjusted EPS within the 18-20 cps range.
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About Amcor plc
Amcor plc is a leading global packaging company specializing in producing responsible packaging solutions. The company's primary function is to develop and supply sustainable packaging that helps protect goods, extend shelf-life, and facilitate efficient distribution across the globe. Amcor is significantly influential in various sectors, including the food, beverage, pharmaceutical, home care, and personal care industries. Its expansive product portfolio includes flexible packaging, rigid containers, specialty cartons, closures, and services. With a strong commitment to sustainability, Amcor focuses on innovation and environmental stewardship, aiming to reduce the environmental impact of packaging through recycling and reuse initiatives. The company operates across several continents, ensuring a broad reach and the ability to respond to diverse market needs. This strategic positioning within the packaging industry underscores Amcor's role in supporting global supply chains and addressing environmental challenges, solidifying its place as a key player in the market.
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