Sustainable packaging solution provider Amcor has announced the retirement of its CEO Ron Delia after nine years at the helm.
Delia, who cited health as the reason for his decision to quit, will also step down from the company’s board of directors, effective on 15 April 2024.
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Amcor’s board has appointed CCO Peter Konieczny as interim CEO.
Meanwhile, Delia will continue to support the transition in an advisory capacity until 30 September this year.
The company’s board is carrying out a search process to look for a permanent successor for the CEO position.
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It said it is considering both internal and external candidates.
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By GlobalDataAmcor chair Graeme Liebelt said: “On behalf of the board, we thank Ron for his outstanding leadership and dedication to the company and our people during his more than 18 years of service.
“Under Ron’s leadership, Amcor has added billions of dollars in annual revenues, successfully completed the transformational Bemis acquisition, strengthened its global leadership positions in key markets and consistently led the industry by embedding sustainability into its operating and strategic agenda.”
In addition to this announcement, Amcor reaffirmed its financial year 2024 guidance, forecasting adjusted earnings per share of A$0.67 ($0.43¢) to A$0.71 for the 12 months ending 30 June 2024.
Last month, the company announced the expansion of its thermoforming production capacity in North America.
