Company Overview - Verallia has appointed Cristina Riesgo as its new Chief Financial Officer (CFO), effective March 1, 2026, succeeding Nathalie Delbreuve [1] - The company operates 35 glass production sites across 12 countries, employing nearly 11,000 people [6] Leadership Experience - Cristina Riesgo brings over 20 years of financial experience from various international companies, starting her career at General Electric (GE) [1][2] - At GE, she held several global leadership roles, including head of controlling, financial planning and analysis leader, and CFO for Supply Chain Factories [2] Recent Role - Prior to joining Verallia, Riesgo served as CFO of the Onshore division at Siemens Gamesa, managing financial operations for a $6 billion (€5.12 billion) business [3] Strategic Goals - Riesgo aims to ensure robust financial governance and drive initiatives for profitable and sustainable growth at Verallia [4] - The company’s CEO, Patrice Lucas, expressed confidence in Riesgo's leadership to support the group's growth plans and strategic objectives, aligning with its purpose to "reimagine glass for a sustainable future" [5] Event Postponement - Due to Riesgo's scheduled start date, Verallia has postponed its Capital Market Day from January 2026 to the third quarter of the year to facilitate her transition [6]

Group 1 - Vetropack Group has appointed Lukas Burkhardt as CEO, effective January 1, 2026, succeeding Johann Reiter who retired after leading the company since 2018 [1][4] - Burkhardt has extensive experience, having been on the management board at Gerresheimer since 2018 and previously held positions at Audi and Rieter Automotive Group, focusing on operations in Asia [1][2] - Burkhardt expressed enthusiasm for his new role, highlighting Vetropack's potential as a traditional company with expertise in sustainable packaging solutions [3][2] Group 2 - The chairman of Vetropack's board, Claude Cornaz, stated that Burkhardt is the first-choice candidate for CEO, bringing industry knowledge and fresh ideas to the company [3][4] - Under Reiter's leadership, Vetropack introduced thermally tempered lightweight glass bottles and developed Strategy 2030+, focusing on internationalization and strategic realignment [3][4]

Company Overview - O-I Glass is a global leader in glass packaging, servicing many of the world's top food and beverage brands across over 74 countries with a workforce of 21,000 employees [3] - The company operates in both mainstream and premium categories, generating approximately $6.5 billion in revenue [3] Strategic Initiatives - O-I Glass is undergoing a transformation to regain its competitive edge, which has been affected by an inflated cost base [3] - The company has implemented a program called "Fit to Win," aimed at eliminating waste and inefficiencies, with the goal of improving earnings and cash flow while investing in profitable growth [3][4] - The approach of "Fit to Win" is structured into three horizons, focusing on getting fit, stripping waste, and directing savings towards enhancing earnings and customer growth [3]

Group 1 - O-I Glass, Inc. announced the retirement of Alan J. Murray from its Board of Directors after many years of service [1][2] - At the Annual Meeting, 11 director nominees were elected for one-year terms, including new members Eugenio Garza y Garza and Iain J. Mackay [1] - The company expressed gratitude for Mr. Murray's service and welcomed the new board members, highlighting their extensive global business and financial reporting expertise [2] Group 2 - O-I Glass is a leading producer of glass bottles and jars, emphasizing the sustainability and recyclability of glass as a packaging material [3] - The company achieved net sales of $6.5 billion in 2024 and operates approximately 69 plants in 19 countries with a diverse team of around 21,000 employees [3]