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ELMWOOD PARK, US: Sealed Air Corporation has elected Jerome A Peribere to the position of President and Chief Executive Officer as of 1 March 2013. Peribere joined Sealed Air in September 2012 as President and Chief Operating Officer as part of a succession planning process that was announced in August 2012. The position of Chief Operating Officer will be discontinued.
William V Hickey will continue as Chairman until the Company’s Annual Meeting of Stockholders in May and provide continued transition assistance to Peribere during that period. At the Board of Directors meeting following the Annual Meeting the Board will decide its governance structure going forward.
“We are extremely pleased with the transition process we began in August and the positive impact Jerome has made in the last six months. We are also pleased with the support and assistance Bill Hickey has provided to Jerome and look to Bill’s continued assistance as Chairman over the next few months as we complete the leadership transition process,” said William J Marino, Lead Director, Sealed Air.
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