Sealed Air said that current Chief Accounting Officer and Controller, William Stiehl, will assume the additional position of Acting Chief Financial Officer. Mr. William Stiehl will succeed current Senior Vice President and Chief Financial Officer Carol P. Lowe, who will depart the Company on October 31, 2017.
“Since joining Sealed Air in 2013, Bill has been instrumental in guiding our efforts to improve operational performance. Over the past five years, we have successfully implemented new financial disciplines and continuous improvement programs that will be reinforced under Bill’s leadership,” said Jerome A. Peribere, President and Chief Executive Officer.
“We are pleased to have delivered accelerated sales growth in the first half of 2017, being led by strong volume growth, particularly in North America, and are on track to achieve our full year 2017 financial outlook which was provided on our most recent quarterly earnings conference call,” Mr. Peribere continued.
Sealed Air is scheduled to release third quarter 2017 results at 7:00 a.m. (ET) on Wednesday, November 8, 2017 and will host a conference call and webcast later that morning at 10:00 a.m. (ET). Mr. Peribere, Ted L. Doheny, Chief Operating Officer and CEO-Designate, and Mr. Stiehl will conduct the investor conference call.