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Ardagh Holdings reorganises board and names interim group CFO
Yahoo Financeยท 2025-12-16 10:06
Leadership Changes - Ardagh Holdings has announced a series of leadership changes, including new board appointments and the appointment of an interim group CFO [1][5] - Galdino Claro and Richard Navarre will join the board, which will also include Mark Porto as executive chairman, Jean-Pierre Floris, and Herman Troskie [1] - The changes follow the completion of the group's recapitalisation transaction, leading to the resignation of directors Damien O'Brien and Paul Copley [1] Interim CFO Appointment - Todd Brents has been named interim group CFO effective from January 1, 2026, as the company seeks a permanent replacement for retiring CFO John Sheehan, who will step down on December 31 [2] - Brents is a senior partner at Beckway with over 25 years of financial leadership experience [4] Board Member Backgrounds - Galdino Claro brings over 40 years of experience in the metals, mining, and recycling sectors, having held CEO roles in various companies [2][3] - Richard Navarre has previously served as chairman, CEO, and president of Covia Corporation and holds current roles including lead independent director at Core Natural Resources [3][4] Company Overview - Ardagh Holdings is the parent company of Ardagh Group, which specializes in metal and glass packaging [5] - The Ardagh Group operates 58 production facilities across 16 countries and employs approximately 9,000 people [5] - The company reported sales of $9.1 billion in 2024 [5]