Crown Holdings, Inc. Announces Raymond L. McGowan, Jr. Promoted to President of Its North American Packaging Business
PHILADELPHIA, June 1 /PRNewswire-FirstCall/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that Raymond L. McGowan, Jr., age 55, has been promoted to President of its North American Packaging business effective July 1, 2007. He will be responsible for marketing, sales, production and planning in the region, which accounted for 34% of the Company's $7.0 billion in 2006 net sales. Currently, he is serving as President of Crown's North American Food Packaging business. In this new capacity, he will also oversee North American Beverage Packaging and North American Aerosol Packaging. Mr. McGowan will continue to report to Frank J. Mechura, President of Crown's Americas Division.
Commenting on Mr. McGowan's promotion, Mr. Mechura said, "We are delighted to have someone of Ray's caliber in this important senior level position for the Company. Ray has proven himself as highly qualified to manage these diverse businesses from both the operational and customer service standpoints."
Mr. McGowan joined the Company five and a half years ago as Vice President and Assistant to the President of the U.S. food can business and later was promoted to President of that division. He then served as President - CROWN Food Can Packaging USA. Prior to joining Crown, he was Group Vice President of Global Consumer Products at Sonoco Products Company.
Mr. McGowan graduated from Providence College with a Bachelor's degree in Political Science and completed the Executive Management Program at the University of North Carolina.
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements. These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements. Important factors that could cause the statements made in this press release or the actual results of operations or financial condition of the Company to differ are discussed under the caption "Forward-Looking Statements" in the Company's Form 10-K Annual Report for the year ended December 31, 2006 and in subsequent filings made prior to or after the date hereof. The Company does not intend to review or revise any particular forward-looking statement in light of future events.
About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading supplier of packaging products to consumer marketing companies around the world. World headquarters are located in Philadelphia, PA. For more information, visit www.crowncork.com.
For more information, contact:
Timothy J. Donahue, Senior Vice President - Finance; Tel: (215) 698-5088,
or Ed Bisno, Bisno Communications; Tel: (212) 717-7578
SOURCE Crown Holdings, Inc.
CONTACT: Timothy J. Donahue, Senior Vice President - Finance, of Crown
Holdings, Inc., +1-215-698-5088, or Ed Bisno, Bisno Communications,
+1-212-717-7578
Web site: https://www.crowncork.com
(CCK)