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Amcor Flexibles - organization changes to drive growth

Amcor announces today the Flexibles Europe and Americas business will be divided into two new groups - Flexibles Americas and Flexibles Europe, Middle East and Africa.

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Amcor announces today the Flexibles Europe and Americas business will be divided into two new groups - Flexibles Americas and Flexibles Europe, Middle East and Africa. This geographic based structure will enable each of the Flexibles business groups to focus on the strategic priorities within their respective regions and to accelerate profitable growth. Along with stronger global collaboration, including with the Flexibles Asia Pacific business, these organisation changes provide opportunities to further improve our global product offering and create value for customers.

The Flexibles Americas business will now report directly to the Managing Director and CEO, and will focus on accelerating Amcor's growth in the North American market and pursuing opportunities in Latin America, regions where Amcor's market share is less than 5%.

The Flexibles Europe, Middle East and Africa business will continue to focus on growth driven by innovation, cost and efficiency improvements as well as opportunities in emerging markets.

Peter Konieczny, currently President Amcor Tobacco Packaging has been appointed President Flexibles Europe, Middle East and Africa, and Jerzy Czubak, currently Chief Operating Officer Tobacco Packaging has been appointed President Amcor Tobacco Packaging. Tom Cochran, currently Vice President Flexibles with responsibility for the medical, extrusion and Americas based businesses, has been appointed President Flexibles Americas. Peter, Jerzy and Tom bring to their new roles strong leadership qualities and extensive experience gained over many years in the packaging industry. Biographies and organisation chart are included on page 2 of the pdf news release. Peter Brues, currently President Flexibles Europe and Americas has elected to leave Amcor. These changes will become effective on 1 July 2015.

Amcor's Managing Director and CEO, Ron Delia said: "This is an exciting development for Amcor's Flexibles business. The new geographic based structure will allow our Flexibles business groups to focus on the strategic priorities in each region and to accelerate profitable growth. At the same time we will ensure stronger collaboration across regions, building on our position as the global leader in flexible packaging to deliver greater value for all stakeholders."

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