Amcor names Stephen R Scherger as chief financial officer

Core Insights - Amcor has appointed Stephen R Scherger as the new executive vice-president and chief financial officer (CFO), effective from November 10, 2025, succeeding Michael Casamento who is stepping down after ten years in the role [1][2] - Scherger brings over three decades of experience in operations, finance, and strategic roles within the packaging sector, and aims to contribute to ongoing integration commitments and long-term organic growth [2][3] - Amcor has reiterated its financial guidance for the first quarter and full-year 2026, forecasting adjusted earnings per share (EPS) of 80 to 83 cents, representing a 12% to 17% growth on a constant-currency basis, and expects free cash flow of $1.8 to $1.9 billion for fiscal year 2026 [4] Company Developments - Michael Casamento will remain with Amcor in an advisory capacity until June 30, 2026, to ensure a smooth transition [1] - The company has recently completed an upgrade at its recycling facility in Heanor, UK, aimed at enhancing high-performance recycling infrastructure in Europe and supporting the transition to a circular economy [5]