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Amcor plc
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Amcor plc

Amcor Announces CEO Transition: Ronald Delia to Retire, Peter Konieczny Appointed Interim CEO

| 8-K |Consumer Cyclical

Summary

Amcor plc announced on March 16, 2024, that Ronald Delia, its Chief Executive Officer, will retire for health reasons effective April 15, 2024. Delia will transition into a Senior Advisor role until September 30, 2024, to facilitate a smooth leadership change. Peter Konieczny, the current Chief Commercial Officer, has been appointed as Interim CEO, effective upon Delia's retirement. Konieczny's compensation and employment terms have been outlined in a letter agreement dated March 16, 2024. The Board is conducting a search for a permanent CEO. The Company has also reaffirmed its fiscal 2024 guidance.

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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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