O-I Announces New Managing Director of China

Mon Jul 13, 2009 5:01pm EDT
 
[-] Text [+]
PERRYSBURG, Ohio, July 13 /PRNewswire-FirstCall/ -- Owens-Illinois, Inc.,
(NYSE: OI) has selected Paul Wang to serve as the company's managing director
in China.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20050412/CLTU028LOGO )

Wang joins O-I from International Paper, where he held a number of senior
level positions in sales and marketing, business development, government
relations and general management, including managing the large 

In his new role at O-I, Wang will be located in Shanghai and will assume
responsibility for all of the company's operations in China. As part of his
role, Wang will also support global operations through low cost strategic
sourcing from China through O-I's China Trading Company and Tianjin Mould
Company. A top priority will be accelerating O-I's growth strategy in China,
including organic growth and merger and acquisition activity. 

"Paul brings a unique set of capabilities to this role including proven
leadership and general management skills, experience with both packaging and
glass companies, deep knowledge of the Chinese business environment and
expertise in business development, all of which will be of great value as O-I
grows its business in China," said Greg Ridder, president of O-I Asia Pacific.


About O-I
Millions of times a day, O-I glass containers deliver many of the world's
best-known consumer products to people all around the world. With the leading
position in Europe, North America, Asia Pacific and Latin America, O-I
manufactures consumer-preferred, 100 percent recyclable glass containers that
enable superior taste, purity, visual appeal and value benefits for our
customers' products. Established in 1903, the company employs more than 23,000
people with 80 manufacturing facilities in 22 countries. In 2008, net sales
were $7.9 billion. For more information, visit http://www.o-i.com.

The company routinely posts all important information on its Web site -
www.o-i.com.



SOURCE  Owens-Illinois, Inc.

Sasha Sekpeh, Investor Relations, +1-567-336-2355, alexandra.sekpeh@o-i.com,
or Lauren Dubilzig, Corporate Communications, +1-567-336-1312,
lauren.dubilzig@o-i.com, both of O-I

 

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