Steve Bramlage, Senior Vice President and Chief Financial Officer for Owens-Illinois (O-I) will leave the company, effective March 31, 2015.

Until a replacement is found, John Haudrich, Vice President, Finance and Corporate Controller, will assume the responsibilities of the CFO.

"It is natural for opportunities outside the company to arise for our many competent leaders like Steve," said Al Stroucken, chairman and CEO. "Although we are sorry to see him go, he leaves behind a highly capable finance team focused on financial flexibility.

“John is a strong and talented leader with broad experience in corporate finance who can readily assume CFO responsibilities."

Haudrich has led the global finance operations for O-I's four business segments and the corporate finance team, focused on management reporting.

He joined O-I in March 2009 as Vice President of Investor Relations, was named Vice President of Finance in 2010 and was appointed Vice President, Finance and Corporate Controller in 2011.