Owens-Illinois (O-I) has said that Gordon Hardie and Alan Murray will stand as nominees for election to the company's Board of Directors at the 2015 annual meeting of stockholders on May 12.
Current Board of Directors members, Helge Wehmeier, who has reached the mandatory retirement age for board members, and Jay Geldmacher, whose additional professional responsibilities created scheduling conflicts, will not be standing for re-election.
All of the other current directors will stand for re-election.
Gordon Hardie is managing director, Bunge Food & Ingredients, an $11 billion food business within Bunge Ltd, a global agrifoods business, with revenues of $61 billion. He is responsible for the strategic development and global performance of the Food & Ingredients business.
Alan Murray was chief executive officer of Hanson Plc, a $7.5 billion global building materials company with a strong presence in North America, Europe and Asia for five years prior to Hanson's acquisition by Heidelberg Cement in 2007.
While serving as Hanson CEO and in various other financial leadership roles, he restructured, rebranded and increased profitability, and managed many acquisitions.
“We thank Helge and Jay for their wise counsel, support and service to our Board,” said Al Stroucken, O-I chairman and CEO. “We greatly appreciate their many years of leadership and the time and effort they invested in O-I.
“We look forward to welcoming Gordon and Alan, who bring highly relevant business and industry experience, as well as wide-ranging international perspectives.”
If elected, Hardie and Murray will become O-I's 11th and 12th Board members. All O-I directors are elected annually.