Silgan Holdings Elects William T. Donovan as a Member of Its Board of Directors
25 January 2018 - 12:30AM
Business Wire
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid
packaging for consumer goods products, announced today that William
T. Donovan has been elected as a member of the Board of Directors
of the Company, filling the vacancy created when Edward A. Lapekas
passed away last month. Mr. Donovan will serve as a Class III
Director of the Company, completing Mr. Lapekas’ term which runs
until the Company’s annual meeting of stockholders in 2018.
Mr. Donovan, 66, brings more than 40 years of business
experience to the Company. Mr. Donovan was Chair of the Board of
Rockland Industrial Holdings, LLC, a privately held manufacturer of
wood flooring products for the truck trailer and container
industries, until December 2014. Prior to that, Mr. Donovan was
President, Chief Executive Officer and a director of Total
Logistics, Inc., a company engaged in providing integrated logistic
services, facility management and industrial product manufacturing
that had been a publicly traded company listed on Nasdaq. Mr.
Donovan also served as President, Chief Financial Officer and a
director of Christiana Companies, Inc., a provider of warehousing
and logistic services and manufacturer of drill pipe and downhole
tools that had been a publicly traded company listed on the New
York Stock Exchange, prior to its merger with Weatherford
International, Inc. Prior to that, Mr. Donovan was a Principal and
Managing Director of Lubar & Co., a private investment and
venture capital firm. Prior to joining Lubar & Co., Mr. Donovan
was an officer with Manufacturers Hanover Trust Company, now part
of JPMorgan Chase & Co., where he specialized in merger and
acquisition financing.
Mr. Donovan is also a director since 2008 and a member of
various committees including the audit committee of Precision
Drilling Corporation, a publicly traded company listed on the
Toronto Stock Exchange and the New York Stock Exchange that
provides onshore drilling and other services to the oil and natural
gas industries, and prior to that was a director since 1997 and a
member and chair of the audit committee of Grey Wolf, Inc., a
publicly traded company that had been listed on the American Stock
Exchange and that was an international land-based provider of
contract drilling services to the oil and natural gas industries,
until its acquisition by Precision Drilling Corporation in 2008.
Mr. Donovan has also served as a director of several other private
companies.
Silgan is a leading supplier of rigid packaging for consumer
goods products with annual net sales, on a pro forma basis to
include the Dispensing Systems business which was acquired on April
6, 2017, of approximately $4.2 billion in 2016. Silgan operates 100
manufacturing facilities in North and South America, Europe and
Asia. The Company is a leading supplier of metal containers in
North America and Europe for food and general line products. The
Company is also a leading worldwide supplier of metal and plastic
closures and dispensing systems for food, beverage, health care,
garden, home and beauty products. In addition, the Company is a
leading supplier of plastic containers for shelf-stable food and
personal care products in North America.
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version on businesswire.com: http://www.businesswire.com/news/home/20180124005120/en/
Silgan Holdings Inc.Robert B. Lewis, 203-406-3160
Silgan (NASDAQ:SLGN)
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