Join to Connect. According to Salary.com, Salmon claimed a staggering $4.8 million in compensation for the 2018 fiscal year. Outside of his interests with Berry, Salmon is a member of the Cooperate Board of Directors for Old National, the largest financial services company in Indiana, and, with $17.5 billion in assets, one of the top 100 banking companies in the US. Learn how your comment data is processed. Sources: Factset, Bloomberg, S&P Cap IQ; Forbes. The Company offers products, such as closures, prescription vials, specialty films, adhesives, nonwovens, drink cups, containers and bottles. Berry’s world headquarters is located in Evansville, Indiana. Use Forbes logos and quotes in your marketing. Needed: a strategic reserve of meltblown machinery. The Tragic Story of James Dean’s Porsche 550 Spyder, The Five Best Cartier Skeleton Watches Money Can Buy. Berry Plastics Group, Inc. is a leading provider of value-added plastic consumer packaging and engineered materials delivering high-quality customized solutions to our customers with annual net sales of $5.0 billion in fiscal 2014. Over the last 50 years has been the dedication of our team members that has allowed Berry to grow into a leading global manufacturer of tapes, corrosion protection products, and FIBCs, as well as stretch & shrink films, injection-molded and thermoformed plastic packaging, flexible films and more. Well here is what the World Health Organization (WHO) now says about how much exercise you should get. For the iShares Russell Mid-Cap Growth ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $155.70 per unit. One of the key demonstrations of his strategy for growth was witnessed in 2018 when Berry invested over $70 million in installing four new thermoforming lines in its Indiana site. Nothing discussed or presented in Quantalytics constitutes a representation that any investment, investment strategy, or recommendation is suitable or appropriate to an investor's individual circumstances or otherwise constitutes a personal recommendation. Berry Global Group, Inc. engages in the provision of value added engineered materials, nonwoven specialty materials and consumer packaging with customized solutions. The Consumer. “Fail as fast as you possibly can, but learn from it,” he told Plastic News. The Company’s products include engineered materials, nonwoven specialty materials, and consumer packaging. Our extensive team of highly skilled innovators is constantly researching and developing methods to improve existing products and create new solutions that will address unmet needs in the marketplace. Mr. Begle has spent his entire 15 year career with Berry, during which he has held multiple positions of increasing responsibility. The company manufactures and markets plastic packaging products through three segments: health, hygiene & specialties, consumer packaging, and engineered materials. Berry Global's Engineered Materials Division has an immediate opening for a Regional Packaging Engineer. What Makes Porsche Wheels Different From Other Cars? Berry Global Group, Inc., formerly Berry Plastics Group, Inc., is a provider of value-added plastic consumer packaging, non-woven specialty materials and engineered materials. Any data, information, or opinions expressed in any form may change without notice. Prior to his appointment as CEO of Berry, Salmon had enjoyed a long and illustrious career in business, including positions as General Manager for Honeywell Plastics from 2001-2003, Global Sales Director for Allied Signal’s Engineering Plastics and Films business from 1999 to 2001, and numerous positions of seniority at GE Plastics and GE Lighting beforehand. Going forward, we will continue to strategically advance the company by ensuring we produce quality products in the global locations desired by our customers.”. Nearly 25% of all confirmed Covid-19 cases have been in the United States, more than any other nation in the world. The data, information and opinions presented have been obtained or derived from sources believed by Quantalytics to be reliable. A-RATED STOCKS are those stocks the Big Data multi-factor models score as most probable to rise in price. The company offers a wide range of packaging solutions for fresh meat products. Total Enterprise Value to Total Revenue (ttm). US deal makers are increasingly looking across the pond to acquire packaging companies. The Company offers products, such as closures, prescription vials, specialty films, adhesives, nonwovens, drink cups, containers and bottles. 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Berry’s global headquarters is located in Evansville, Indiana. “Berry’s past has been filled with great leaders who had a clear focus on creating a solid future for the company,” he said in a company statement. The company’s products include engineered materials, non-woven specialty materials and consumer packaging. Earnings per share … © 2021 Forbes Media LLC. Any data, information, or opinions presented by Quantalytics are for general information purposes only. President, Engineered Materials Division at Berry Global, Inc. Evansville, Indiana 500+ connections. Location: Evansville, Indiana. According to Salmon, the move would allow Berry to combine its business in North America with RPC’s European operations, creating a global plastic packaging platform that would allow for significant long-term growth. Berry Global Group, Inc., formerly Berry Plastics Group, Inc., is a provider of value-added plastic consumer packaging, non-woven specialty materials and engineered materials. F-RATED STOCKS are those stocks our quantitative multi-factor models score as most probable to fall in price. Curt Begle was named President of Berry’s Engineered Materials Division effective November 17, 2014. Although the COVID surge threatens to stall the economic recovery, vaccine news and stimulus optimism continued to send the indices higher before falling amid further delay of a stimulus. Find out more about the CEO with these 10 fast facts. Of this, $973,077 was received as a salary, $213,750 as a bonus, $3,568,000 was received in stock options, and $20,566 was received by way of other compensation. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Health, Hygiene & Specialties, and Engineered Materials. Berry’s has decades of experience in molding commodity and engineered materials including HDPE, Poly Propylene, ABS, Poly Carbonate, Acetyl, Nylon, Glass Filled Nylon, TPU, and many custom compounded engineering resins. EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE:BERY) today reported its fourth quarter and fiscal year 2020 results, referred to in … His career at Berry began in 2003 when he joined the company as President of its Engineered Materials Division. In April 2017, the company changed its name from Berry Plastics to Berry Global, Inc. The Engineered Materials segment consists of tapes and adhesives, polyethylene-based film products, can liners, and specialty coated and laminated products. Berry’s world headquarters is located in Evansville, Indiana. It operates through four segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene & Specialties. My 30-30 Club is made up of companies that show a 30% return on stockholders’ equity (high profitability) and a 30% earnings growth rate over the past five years (rapid growth). Packaging North America segment consists of containers, foodservice items, closures, over caps, bottles, prescription vials, and tubes. Berry Global Group Inc manufactures and sells plastic packaging products in three segments based ... and substrates for dryer sheets. Under his leadership, Berry has increased its operations significantly. The Consumer Packaging International segment consists of containers, closures, dispensing systems, pharmaceutical devices and packaging, polythene films, and technical components. Mr. Begle previously served as President of Berry’s Rigid Closed Top Division since December 2009. The Chippewa Falls plant is part of the company’s engineered materials division. In March 2019, Berry announced it was to acquire RPC Group plc in a deal worth a reported €3.86bn. Curt Begle was named President of Berry’s Engineered Materials Division effective November 17, 2014. With $13 billion in revenues in fiscal year 2018, the company is the 6th largest Indiana headquartered company in Fortune Magazine’s ranking. Explore Billionaires Is your New Year's resolution for 2021 to get more physical activity? Berry Global, Inc is a Fortune 500 global manufacturer and marketer of plastic packaging products. Net sales $ 4,195 $ 2,850 $ 2,330 $ 2,334 $ 11,709 Conor McGregor faces Dustin Poirier in the main event of UFC 257. “It is an honor for me to succeed them. Add to My Lists. These stocks are the best “SHORTS” for investors. Q.ai is the trade name of Quantalytics Holdings, LLC. 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Salmon, 10 of the Most Clever Stock Ticker Symbols of 2016, How Virtual Reality Game Entropia Universe Plans To Create 3 Million Jobs, How Online Ticket Brokers are Scamming Millions of Dollars Using Bots, 10 Potential Scenarios For Life at the New DreamWorks Animation Studios, Steven Rothberg Shares The Secret to CollegeRecruiter.com’s Business Longevity, Dissecting the Multi Billion Dollar Business of Televangelism, How Virtual Reality Game Entropia Universe Plans …, How Online Ticket Brokers are Scamming Millions …, Steven Rothberg Shares The Secret to CollegeRecruiter.com’s …, The History of and Story Behind the QuickBooks Logo, 10 Things You Didn’t Know about John Poulos, The History and Story Behind the Sam’s Club Logo, 10 Things You Didn’t Know about Charles Robinson. The Q-Factor Score represents an expectation for how a stock will perform in a given month. Berry Plastics Group, Inc. is a leading provider of value-added plastic consumer packaging and engineered materials delivering high-quality customized solutions to our customers with annual net sales of $5.0 billion in fiscal 2014. At Berry, we take great pride in the superior quality, and depth and breadth of our product offerings. Berry Global Group, Inc. engages in the provision of value added engineered materials, nonwoven specialty materials and consumer packaging with customized solutions. While these stocks are ranked ATTRACTIVE, we believe the best buys for long positions are TOP BUYS which are A-rated stocks. Never was this less obvious than in 2017, when he took the decision to change the company name from Berry Plastics to Berry Global. The Company’s products include engineered materials, nonwoven specialty materials, and consumer packaging. Quantalytics does not make any representations as to their accuracy or completeness. The move is just one of the many changes Salmon has implemented during his time at the helm and perfectly demonstrates his commitment to driving the company into growth. Berry Global is a leading provider of innovative packaging and protection solutions. Persistent softness across Berry Global’s Engineered Materials segment, owing to the low demand environment is likely to have hurt its top-line performance in the fiscal fourth quarter. With net sales of $6.5 billion in fiscal 2016, the Company is listed on the New York Stock Exchange under the ticker symbol BERY. Season 2 of nationally syndicated series The Song, which debuts Saturday, January 2, not only serves up performances and interviews with a new batch of artists—including Jewel, Richard Marx, Jason Mraz and Train—but noteworthy lessons in capturing live music during current pandemic c... As a former federal prosecutor who specialized in political corruption cases, it makes sense that Todd Kaminsky—sworn in as a New York State Senator in 2016—would soon begin to dissect that state’s decades-old double-jeopardy law. Fundamental to Salmon’s strategy as a leader has been a drive towards continual advancement. Does Cartier Make a Stainless Steel Watch? berry global group inc (bery) - makes plastic consumer packaging & engineered materials for the food, beverage and healthcare industries. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. What Happens if You Overpaid Your Credit Card? Consequently, any such data, information, or opinions do not in any way represent a personal recommendation to any individual investor or any entities, whatever the type. Headquartered in Evansville, Indiana, it has over 290 facilities across the globe and more than 48,000 employees. Authorities Are Gearing Up For It. While making mistakes is often perceived as one of the inevitable pitfalls of being human, Salmon believes that providing you learn from those mistakes (and don’t get caught in an endless cycle of repeating them), they can lead to better things. Implied iShares Russell Mid-Cap Growth ETF Analyst Target Price: $156, Package Deals Lure US Private Equity Groups To Europe, The iShares Russell Mid-Cap Value ETF's Holdings Imply 10% Gain Potential, 24 Stocks Posting Returns And Earnings Growth Of More Than 30%. ” “The combination is truly a global M&A platform, allowing us to maximize the collective strength of both organizations, providing for additional growth opportunities that were previously less actionable for us,” Salmon said of the move. Mr. This position has primary responsibility for all aspects of packaging for one or more portions of our business: Stretch film, Shrink/Custom films, PVC films, Ag films, Converter Films, Food Films. Berry Global Group, Inc. Condensed Consolidated Financial Statements. Data, information, or opinions contained in Quantalytics in any form give no consideration to any particular individuals' investment needs or objectives, nor do they consider any individuals' financial condition. Berry Global Group Inc. operates its business through segments such as Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene & Specialties. Permits have been filed to allow nearly 20,000 attendees at the rally, which the president says is slated for 11 a.m Wednesday. In June 2019, Salmon oversaw the acquisition of RPC Global in a move that increased Berry’s global presence to over 290 locations worldwide. Engineered Materials partners with pressure sensitive adhesive suppliers , including Avery Dennison, Tesa Tape, Berry Global Group, MacTac and FLEXcon. These companies have a return on stockholders’ equity of 30% or more in the last year and 30%-a-year earnings growth over the past five years. The move, which created over 150 new jobs in the area, was supported in part by $1.5 million in conditional tax credits from the Indiana Economic Development Corporation, along with $100,000 in job training funds. Leveraging Big Data multi-factor models, the Q-Factor Score is assigned to each stock ranging from “Top Buy” to “Top Short”. From there, he served as President of Berry’s Rigid Closed Top Division from 2014-2015, President of the Consumer Packaging division from 2015, and President and COO from 2016. The Health, Hygiene & Specialties segment consists of nonwoven specialty materials and films used in hygiene, infection prevention, personal care, industrial, construction, and filtration applications. “If you ultimately repeat the same failure, shame on you and it hasn’t been a valuable experience. “I think it’s just the right mindset in a global marketplace that just is changing so much faster than it ever has before,” Salmon has explained. B-RATED STOCKS are those stocks our Big Data multi-factor models score as moderately probable to rise in price. © 2021 Forbes Media LLC. Berry Global, Inc. Middle Tennessee State University (MTSU) Segment Information (Unaudited) (in millions of dollars) Fiscal Year Ended September 26, 2020 Consumer Packaging - International Consumer Packaging - North America Health, Hygiene & Specialties Engineered Materials Total. Quantalytics is not a registered investment adviser, brokerage firm, or investment company. Berry Global Group, Inc. engages in the provision of value added engineered materials, nonwoven specialty materials and consumer packaging with customized solutions. Thanks to his position as the leader of one of the nation’s leading corporations, Salmon can claim a personal fortune that will leave most of his peer’s green with envy. Berry Global Group, Inc. engages in the provision of value added engineered materials, nonwoven specialty materials and consumer packaging with customized solutions. The name change was accompanied by a new logo and a new set of values that embraced Salmon’s vision for the future. President, Engineered Materials Division at Berry Global, Inc. Jean-Marc Gálvez President, Consumer Packaging International Division at Berry Global, Inc. From there, he served as President of Berry’s Rigid Closed Top Division from 2014-2015, President of the Consumer Packaging division from 2015, and President and COO from 2016. His career at Berry began in 2003 when he joined the company as President of its Engineered Materials Division. Governor To Primary Sen. Thune — But The Governor Doesn’t Want The Job, New WHO Guidelines On How Much Exercise You Should Get, United States Passes 20 Million Covid-19 Cases As Deaths Remain Near Record High, Top Stocks To Buy Today As Dow Drops Amid Stalled Stimulus Talks, 3 Attractive Stocks With 30% Earnings Growth And 5-Year Return On Equity. This site uses Akismet to reduce spam. These stocks are the best “BUYS” for investors. The 10 Best Places to Eat in Green Bay, WI, The 10 Best Places to Eat in Ottawa, Canada, The 10 Best Places to Stay in Ottawa, Canada, What Kind of Porsche Was Driven in “Risky Business?”. Berry Global Group, Inc., formerly Berry Plastics Group, Inc., is a provider of value-added plastic consumer packaging, non-woven specialty materials and engineered materials. Embed. D-RATED STOCKS are those stocks our Big Data multi-factor models score as moderately probable to fall in price. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Q.ai, LLC is a wholly owned subsidiary of Quantalytics Holdings, LLC (“Quantalytics”). For the iShares Russell Mid-Cap Value ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $96.11 per unit. Not so Salmon, who’s witnessed change throughout the course of his career and has learned to both embrace it himself and encourage others to do the same. The move supports Salmon’s commitment to Impact 2025, a sustainability strategy that aims to see the company reduce its greenhouse gas emissions by 25%, decrease its landfill waste by 5%, and convert to 100% reusable, recyclable, or compostable materials in its packaging by 2025. With $7.1billion in revenues in fiscal 2017, the company joined the Fortune 500, Fortune Magazine’s ranking of … Berry Global (NYSE: BERY) is a $7.9B global manufacturer and marketer of plastic packaging products. Salmon is clearly not one to employ a conservative approach to expansion. Berry Global, formerly known as Pliant, employs 180 workers and manufactures plastics, including containers, film, straws and trash bags. About Berry Global: Berry is committed to its mission of “Always Advancing to Protect What’s Important,” and proudly partners with its customers to provide them with value-added customized protection solutions. His appointment to the position came in May 2018, with Bob Jones, Old National Chairman & CEO, crediting Salmon’s strong leadership and technical skills as the reason for his selection. Learn more about our partnerships. 2. Since graduating as a Bachelor of Business Administration from Saint Bonaventure University in Western New York, Thomas E. Salmon has enjoyed a stellar career that’s seen him rise from senior positions at GE Lightening to CEO and President of the Fortune 500 global manufacturer, Berry Global. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. 480 Million Masks For Europe. All Rights Reserved. Salmon’s motto in life is “fail fast”, something which has seen him through the many challenges of leading a global operation. It operates through the following segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials and Health, Hygiene & Specialties. In today’s world, change is inevitable, but the speed at which it can happen, and the unexpected events it can lead to, can cause some to fear it. C-RATED STOCKS are those stocks our Big Data multi-factor models score as probable to have negligible return for the month. Mr. Begle previously served as President of Berry’s Rigid Closed Top Division since December 2009. All investments and investment recommendations entail risks. Such data, information, or opinions are not an offer to sell or to buy, or a solicitation to buy or sell any securities. A freedom of information (FoI) request has revealed behind-the-scenes coordination between a borough council and a business group over the December 2020 dismantling of a pop-up cycleway on London’s Kensington High Street. The company was founded in 1967 and is headquartered in Evansville, IN. At the time of his ascension to the role, Berry was optimistic about the positive changes he foresaw for the company under his leadership, while being equally complimentary of the achievements of his predecessors. Sales dropped 7% to USD 587m although operating EBITDA added 5% at USD 106m. Any data, information, or opinions in Quantalytics in any form attributed to a third party represent Quantalytics’ interpretation of the data, information, or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. “By changing our name to Berry Global, we are portraying a more balanced view of who we are to our customers, our investors, and ourselves,” he said in a company statement. In June 2019, Berry Global announced it had signed up to the New Plastics Economy Global Commitment, an endeavor that aims to eradicate plastic pollution at its source. President Trump is lashing out against Sen. Thune for refusing to back his bid to overturn election results. The decision to appoint Salmon was reached as the result of a unanimous vote by the company’s board of directors. Polyken ® Engineered Tape Products offers extensive double-sided tape construction technology with a broad selection of carriers including cloth and film materials as well as performance adhesive options including rubbers, solvent acrylics, and water-based acrylics. In 2017, it was announced that Salmon would replace the outgoing CEO, John Rich, at the helm of Berry Global. Berry Global revenue breakdown by geographic segment: 10.6% from Rest of world, 36.1% from Europe and 53.4% from United States and Canada For investors looking to make the most of this market, our AI has crunched the data to give you some Top Buys. Any forward looking estimates presented by Quantalytics may prove to be incorrect and not be realized. Curt Begle. These stocks posted 30% return on equity and flaunt a 30% earnings growth rate for the past five years. Why Do I Have No Credit Even after I Paid off My Credit Card? 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