Ball Names Michael Hranicka Executive VP and COO, North American Metal Beverage Packaging Operations
August 10 2009 - 11:30AM
PR Newswire (US)
BROOMFIELD, Colo., Aug. 10 /PRNewswire-FirstCall/ -- Ball
Corporation (NYSE:BLL) announced today that Michael L. Hranicka has
been named executive vice president and chief operating officer for
the company's North American metal beverage packaging operations.
(Photo: http://www.newscom.com/cgi-bin/prnh//LA59165) Hranicka
joined Ball in 2005 and has been senior vice president, sales and
marketing, for Ball's metal food and household products packaging,
Americas, business since 2007. Initially he will report to John R.
Friedery who has announced his intention to leave the company early
in 2010, after which Hranicka will report to John A. Hayes,
executive vice president and chief operating officer of Ball
Corporation. "Michael Hranicka has a strong commercial focus and
excellent leadership skills," Hayes said. "His emphasis on being
truly close to our customers in all of the ways we interact with
them, combined with his disciplined, systematic approach to
processes, will serve him and the corporation well in his new
position. He and John Friedery will work closely on a smooth
transition over the coming months." Ball Corporation is a supplier
of high-quality metal and plastic packaging for beverage, food and
household products customers, and of aerospace and other
technologies and services, primarily for the U.S. government. Ball
Corporation and its subsidiaries employ more than 14,000 people
worldwide and reported 2008 sales of approximately $7.6 billion.
For the latest Ball news and for other company information, please
visit http://www.ball.com/. Forward-Looking Statements This release
contains "forward-looking" statements concerning future events and
financial performance. Words such as "expects," "anticipates,"
"estimates" and similar expressions are intended to identify
forward-looking statements. Such statements are subject to risks
and uncertainties which could cause actual results to differ
materially from those expressed or implied. The company undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2
in our Form 10-K, which are available at our Web site and at
http://www.sec.gov/. Factors that might affect our packaging
segments include fluctuation in product demand and preferences;
availability and cost of raw materials; competitive packaging
availability, pricing and substitution; changes in climate and
weather; crop yields; competitive activity; failure to achieve
anticipated productivity improvements or production cost
reductions, including our beverage can end project; mandatory
deposit or other restrictive packaging laws; changes in major
customer or supplier contracts or loss of a major customer or
supplier; and changes in foreign exchange rates, tax rates and
activities of foreign subsidiaries. Factors that might affect our
aerospace segment include: funding, authorization, availability and
returns of government and commercial contracts; and delays,
extensions and technical uncertainties affecting segment contracts.
Factors that might affect the company as a whole include those
listed plus: accounting changes; changes in senior management; the
current global credit squeeze and its effects on liquidity, credit
risk, asset values and the economy; successful or unsuccessful
acquisitions, joint ventures or divestitures; integration of
recently acquired businesses; regulatory action or laws including
tax, environmental, health and workplace safety, including in
respect of chemicals or substances used in raw materials or in the
manufacturing process; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust,
patent and other litigation; strikes; labor cost changes; rates of
return projected and earned on assets of the company's defined
benefit retirement plans; pension changes; reduced cash flow;
interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects.
http://www.newscom.com/cgi-bin/prnh//LA59165
http://photoarchive.ap.org/ DATASOURCE: Ball Corporation CONTACT:
Investors, Ann T. Scott, +1-303-460-3537, , or Media, Scott
McCarty, +1-303-460-2103, , both of Ball Corporation Web Site:
http://www.ball.com/
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