People: Ball Corp (BLL)
29 Mar 2017
Mr. Theodore M. Solso is Lead Independent Director of Ball Corporation. Mr. Solso was Chairman and Chief Executive Officer of Cummins Inc. from 2000 to 2011. Mr. Solso had a successful 40-year career at Cummins Inc., a Fortune 500 manufacturing company with operations around the world. This culminated with Mr. Solso becoming Chairman and Chief Executive Officer of Cummins in January 2000, a position he held through 2011, for a total of 12 years. Under his leadership, Cummins increased revenues from $6.6 billion in 2000 to over $18 billion in 2011. During the same period, its earnings per share and operating cash flow increased from $0.35 and $550 million, to $9.55 and $2.1 billion, respectively. Mr. Solso has been on the Ball Board since 2003 and is a trustee of Earth University in Costa Rica. He also serves on the board of Ad Astra Rocket Company, Houston, Texas; and General Motors Co., Detroit, Michigan, and was elected its Lead Independent Director in January 2016. Mr. Solso's long experience in leadership positions with a major global manufacturing company and his service on other public company boards make him well qualified to serve as a director.
|Total Annual Compensation, USD||120,400|
|Restricted Stock Awards, USD||372,252|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||20,000|
|Fiscal Year Total, USD||512,652|