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Amcor announces management restructure as it buys Alcan

As Amcor prepares for the acquisition of the Alcan Packaging operations, the proposed new organisation structure and senior management for the combined business has been announced.

The transaction remains subject to regulatory reviews in Europe and the United States and consultations with the European Works Council.

The new structure will not be implemented until all relevant approvals are received and the transaction is closed.

Business Group Structure Amcor will be organised into the following business groups with the respective Presidents reporting directly into the Managing Director and CEO, Mr Ken Mackenzie:

• Amcor Flexibles – Europe and Americas Peter Brues

• Amcor Rigid Plastics Bill Long

• Amcor Australasia Nigel Garrard

• Amcor Tobacco Packaging Peter Konieczny

• Amcor Flexibles – Asia Pacific Ralf Wunderlich

• Amcor Sunclipse Eric Bloom

• AMVIG Billy Chan

Amcor Flexibles – Europe and Americas

Peter Brues, currently President of Amcor Flexibles Healthcare, will be the President Amcor Flexibles — Europe and Americas. This business group combines the current Amcor Flexibles Food and Flexibles Healthcare businesses with the Alcan Packaging Global Pharmaceutical and Food Europe businesses. The combination of these flexibles businesses will create an integrated business with sales of approximately US$5 billion.

Amcor Rigid Plastics

This is the new name for what was previously Amcor PET Packaging and Bill Long will continue to be the President. The business will consist of Amcor PET, Bericap closures – North America and Alcan Packaging Pharma Plastics (Rigids).

Amcor Australasia

Nigel Garrard will continue to lead the Australasia business. The Asia Pacific Flexibles business which is currently managed under the Australasia operations will form part of the new business unit, Flexibles — Asia Pacific.

Amcor Flexibles – Asia Pacific

Ralf Wunderlich will be the President Amcor Flexibles — Asia Pacific. Ralf was recruited from Linpac Packaging where he was Executive Director, President and Managing Director. Ralf is also a Non Executive Director of the AptarGroup Inc., a supplier of a broad range of dispensing systems for the personal care, cosmetic, pharmaceutical, household and food and beverage markets. Ralf has previously been President of the Alcan Packaging Global Tobacco business and prior to that President of Alcan Packaging – Asia & Pacific.

Amcor Tobacco Packaging

Peter Konieczny will be the President Amcor Tobacco Packaging. Peter was recruited from Silgan Holdings where he was CEO Silgan White Cap with global responsibility for the closures operations in Europe, the Americas and Asia. Prior to that role, Peter managed the Amcor White Cap closures business before its sale to Silgan Holdings. The Amcor Rentsch Asia business currently reporting to Billy Chan as a part of the Amcor Asia organisation, and the Alcan Tobacco Asia business, will report to Peter Konieczny. Amcor Sunclipse Eric Bloom will continue to lead the Amcor Sunclipse business.

AMVIG

Billy Chan continues as Chairman AMVIG Holdings, a Hong Kong listed tobacco packaging company. Amcor holds 39% of AMVIG, which currently has 19% of the China tobacco packaging market.

Amcor’s Managing Director and CEO, Mr Ken MacKenzie, said that the most important task in bringing the two organisations together is creating a strong management team to lead the company.

“We have undertaken a thorough process of evaluating the senior people from Amcor and Alcan as well as external candidates,” he said.

“The task now is to plan to populate the next level of management using the same objective and rigorous evaluation of candidates.”

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