04.11.24
In anticipation of the previously announced proposed merger of the majority of Berry Global’s Health, Hygiene, and Specialties segment to include its Global Nonwovens and Films (“HHNF”) business, Glatfelter has announced key leadership appointments. In addition to the previously announced appointment of Curt Begle, Berry’s current president of health, hygiene & specialties division, as the CEO of the newly combined company (NewCo), Kevin M. Fogarty will continue to serve Glatfelter in the role of non-executive chair of the board of directors of NewCo.
Fogerty has served as the non-executive Chair of Glatfelter’s board of directors and has been an integral part of Glatfelter’s business since joining the board in 2011. He has extensive leadership experience having served as president, CEO and director of Kraton Corporation, Inc. until his retirement in March 2022 as well as on several additional boards.
Additionally, James Till will be appointed to the role of executive vice president, CFO & treasurer for NewCo, effective upon the closing of the proposed transaction. He currently serves as the executive vice president and controller (principal accounting offficer) of Berry. He joined Berry in 2008
Tarun Manroa will be appointed to the role of executive vice president, COO for NewCo. He currently serves as the executive vice president and chief strategy officer for Berry where he leads the corporate development / M&A, global procurement, branding & marketing, and sustainability functions. He joined Berry in 2005.
“Today’s announcement is the first of several key leadership appointments as the board of directors of Berry and Glatfelter, along with Glatfelter’s CEO, Thomas Fahnemann, and I continue to collaborate on designing an organization that best positions NewCo for success by using the combined talents of both organizations. I am very pleased with the prospects of having Kevin Fogarty’s extensive and steadfast leadership experience at the helm of NewCo’s Board of Directors. Also, I am grateful that Jim and Tarun have accepted leadership roles in NewCo as I highly value them for their outstanding leadership skills and deep knowledge of Berry’s HHNF business. I have personally worked with both Jim and Tarun during our combined tenures at Berry and have confidence that they will serve the shareholders of NewCo quite well,” says Begle.
Ramesh Shettigar, Glatfelter’s current Senior Vice President, Chief Financial Officer & Treasurer, along with Mr. Boris Illetschko, Glatfelter’s Senior Vice President, Chief Operating Officer, will continue in their respective roles until the consummation of the proposed transaction. Both Mr. Shettigar and Mr. Illetschko will play a vital role in operating Glatfelter’s business in preparation for the integration of the combined business.
Fogerty has served as the non-executive Chair of Glatfelter’s board of directors and has been an integral part of Glatfelter’s business since joining the board in 2011. He has extensive leadership experience having served as president, CEO and director of Kraton Corporation, Inc. until his retirement in March 2022 as well as on several additional boards.
Additionally, James Till will be appointed to the role of executive vice president, CFO & treasurer for NewCo, effective upon the closing of the proposed transaction. He currently serves as the executive vice president and controller (principal accounting offficer) of Berry. He joined Berry in 2008
Tarun Manroa will be appointed to the role of executive vice president, COO for NewCo. He currently serves as the executive vice president and chief strategy officer for Berry where he leads the corporate development / M&A, global procurement, branding & marketing, and sustainability functions. He joined Berry in 2005.
“Today’s announcement is the first of several key leadership appointments as the board of directors of Berry and Glatfelter, along with Glatfelter’s CEO, Thomas Fahnemann, and I continue to collaborate on designing an organization that best positions NewCo for success by using the combined talents of both organizations. I am very pleased with the prospects of having Kevin Fogarty’s extensive and steadfast leadership experience at the helm of NewCo’s Board of Directors. Also, I am grateful that Jim and Tarun have accepted leadership roles in NewCo as I highly value them for their outstanding leadership skills and deep knowledge of Berry’s HHNF business. I have personally worked with both Jim and Tarun during our combined tenures at Berry and have confidence that they will serve the shareholders of NewCo quite well,” says Begle.
Ramesh Shettigar, Glatfelter’s current Senior Vice President, Chief Financial Officer & Treasurer, along with Mr. Boris Illetschko, Glatfelter’s Senior Vice President, Chief Operating Officer, will continue in their respective roles until the consummation of the proposed transaction. Both Mr. Shettigar and Mr. Illetschko will play a vital role in operating Glatfelter’s business in preparation for the integration of the combined business.