Greif, Inc. Elects Edwards to Board, Approves Incentive Plan
28 February 2006 - 7:38AM
PR Newswire (US)
DELAWARE, Ohio, Feb. 27 /PRNewswire-FirstCall/ -- At the Greif,
Inc. (NYSE: GEF; GEF.B) annual meeting of stockholders on Feb. 27,
Bruce A. Edwards, 50, was elected to the Board of Directors. He
replaces David J. Olderman, who retired as of the end of his term.
Edwards is chief operating officer, Americas/Asia Pacific for
Deutsche Post World Net (DHL), responsible for contract logistics
operations in more than 15 countries. He was formerly chief
executive officer of Exel Americas, a supply chain services
company, prior to its recent acquisition by Deutsche Post in
December 2005. Edwards is also a member of the Council of Supply
Chain Management Professionals (CSCMP), the Warehousing Education
and Research Council (WERC) and a former board member of the
International Warehouse Logistics Association (IWLA). He resides in
Westerville, Ohio. Edwards joins Vicki L. Avril, Charles R.
Chandler, Michael H. Dempsey, Michael J. Gasser, Daniel J. Gunsett,
Judith D. Hook, Patrick J. Norton and William B. Sparks, Jr., each
of whom were re-elected for a one-year term on the Board. In other
business, stockholders approved the Company's amended and restated
Long-Term Incentive Plan. Greif is the world leader in industrial
packaging products and services. The company provides extensive
experience in steel, plastic, fibre, corrugated and multiwall
containers and protective packaging for a wide range of industries.
Greif also produces containerboard and manages timber properties in
North America. Greif is strategically positioned in 43 countries to
serve global as well as regional customers. Additional information
is on the Company's Web site at http://www.greif.com/. First Call
Analyst: FCMN Contact: DATASOURCE: Greif, Inc. CONTACT: Deb
Strohmaier, APR, Director, Communications of Greif, Inc.,
+1-740-549-6074, or Web site: http://www.greif.com/
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