WESTMINSTER, Colo., Sept. 1,
2023 /PRNewswire/ -- Ball Corporation (NYSE: BALL)
today announced that Charles E.
Baker, 66, vice president, general counsel and corporate
secretary, will be retiring after a 30-year career with the
company. Hannah Lim-Johnson, 51, has
been named senior vice president, chief legal officer and corporate
secretary, effective Sept. 18, 2023.
Baker will remain with Ball to provide counsel to support the
successful completion of the proposed aerospace transaction which
was disclosed last month.
"As part of Ball's long-term strategic succession planning, we
are pleased to welcome Hannah to Ball, and on behalf of our entire
team, we thank Charles for his numerous contributions to our
company and congratulate him on his well-deserved retirement," said
Daniel W. Fisher, chairman and
CEO.
Baker joined Ball in 1993 as director, business development,
prior to which he was a partner at the law firm of Fraser &
Beatty in Toronto, Ontario. He was
Ball's associate general counsel from 1999 to 2004, when he was
appointed general counsel.
"Throughout his tenure, Charles has been a cornerstone of our
organization, playing a pivotal role in our ongoing commitment to
operating with uncompromising integrity and helping us to mitigate
regulatory, compliance and other business risks every day and
guiding us through a number of significant acquisitions and
divestitures that have made us who we are today," Fisher said.
Lim-Johnson most recently served as senior vice president, chief
legal officer and corporate secretary at Meritor, Inc. (NYSE:
MTOR), a global supplier to the commercial vehicle and industrial
markets, now a Cummins company. Before Meritor, she served as Chief
Legal Officer at Kelly Services, and held senior leadership roles
at PSEG, ADT Corporation and Tyco International. Earlier in her
career, Lim-Johnson worked at a law firm in New York City and served as deputy attorney
general in the Civil Division in New
Jersey. She currently serves as a member of the board of
directors of the Minority Corporate Counsel Association.
"Hannah brings a wealth of experience from a number of industry
sectors, making her a valuable addition to our organization as we
navigate the complex and ever-evolving commercial landscapes ahead
of us. She also has a passion for sustainability which aligns with
our business. We are very excited to welcome Hannah to our team
this month and look forward to her contributions to the
organization," Fisher added.
About Ball Corporation
Ball Corporation supplies
innovative, sustainable aluminum packaging solutions for beverage,
personal care and household products customers, as well as
aerospace and other technologies and services primarily for the
U.S. government. Ball Corporation and its subsidiaries employ
21,000 people worldwide and reported 2022 net sales of $15.35
billion. For more information, visit www.ball.com, or connect with
us on Facebook or Twitter.
Forward-Looking Statements
This release contains
"forward-looking" statements concerning future events and financial
performance. Words such as "expects," "anticipates," "estimates,"
"believes," and similar expressions typically identify
forward-looking statements, which are generally any statements
other than statements of historical fact. Such statements are based
on current expectations or views of the future and are subject to
risks and uncertainties, which could cause actual results or events
to differ materially from those expressed or implied. You should
therefore not place undue reliance upon any forward-looking
statements, and they should be read in conjunction with, and
qualified in their entirety by, the cautionary statements
referenced below. Ball undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. Key factors, risks and
uncertainties that could cause actual outcomes and results to be
different are summarized in filings with the Securities and
Exchange Commission, including Exhibit 99 in Ball's Form 10-K,
which are available on Ball's website and at www.sec.gov.
Additional factors that might affect: a) Ball's packaging segments
include product capacity, supply, and demand constraints and
fluctuations and changes in consumption patterns; availability/cost
of raw materials, equipment, and logistics; competitive packaging,
pricing and substitution; changes in climate and weather and
related events such as drought, wildfires, storms, hurricanes,
tornadoes and floods; footprint adjustments and other manufacturing
changes, including the startup of new facilities and lines; failure
to achieve synergies, productivity improvements or cost reductions;
unfavorable mandatory deposit or packaging laws; customer and
supplier consolidation; power and supply chain interruptions;
changes in major customer or supplier contracts or loss of a major
customer or supplier; inability to pass through increased costs;
war, political instability and sanctions, including relating to the
situation in Russia and
Ukraine and its impact on Ball's
supply chain and its ability to operate in Europe, the Middle
East and Africa regions
generally; changes in foreign exchange or tax rates; and tariffs,
trade actions, or other governmental actions, including business
restrictions and orders affecting goods produced by Ball or in its
supply chain, including imported raw materials; b) Ball's aerospace
segment include funding, authorization, availability and returns of
government and commercial contracts; and delays, extensions and
technical uncertainties affecting segment contracts; failure to
obtain, or delays in obtaining, required regulatory approvals or
clearances for the proposed transaction; any failure by the parties
to satisfy any of the other conditions to the proposed transaction;
the possibility that the proposed transaction is ultimately not
consummated; potential adverse effects of the announcement or
results of the proposed transaction on the ability to develop and
maintain relationships with personnel and customers, suppliers and
others with whom it does business or otherwise on the business,
financial condition, results of operations and financial
performance; risks related to diversion of management's attention
from ongoing business operations due to the proposed transaction;
the impact of the proposed transaction on the ability to retain and
hire key personnel; and c) Ball as a whole include those listed
above plus: the extent to which sustainability-related
opportunities arise and can be capitalized upon; changes in senior
management, succession, and the ability to attract and retain
skilled labor; regulatory actions or issues including those related
to tax, environmental, social and governance reporting,
competition, environmental, health and workplace safety, including
U.S. Federal Drug Administration and other actions or public
concerns affecting products filled in Ball's containers, or
chemicals or substances used in raw materials or in the
manufacturing process; technological developments and innovations;
the ability to manage cyber threats; litigation; strikes; disease;
pandemic; labor cost changes; inflation; rates of return on assets
of Ball's defined benefit retirement plans; pension changes;
uncertainties surrounding geopolitical events and governmental
policies, including policies, orders, and actions related to
COVID-19; reduced cash flow; interest rates affecting Ball's debt;
successful or unsuccessful joint ventures, acquisitions and
divestitures, and their effects on Ball's operating results and
business generally; and potential adverse effects of the
announcement or results of the proposed transaction on the market
price of Ball Corporation's common stock.
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SOURCE Ball Corporation