Industry News, Personnel, Printers News

Bemis Company Announces Agreement with Starboard, Appoints Four New Independent Directors

Guillermo Novo, Marran Ogilvie, George Wurtz and Robert Yanker Fadded to Bemis board.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Bemis Company, Inc. announced that it has entered into an agreement with Starboard Value LP, which currently owns approximately 3.3% of the company’s outstanding shares, pursuant to which its Board of Directors has appointed Guillermo Novo, Marran H. Ogilvie, George W. Wurtz III, and Robert H. Yanker as new independent directors to the company’s Board, effective immediately.   The company also announced that Ronald J. Floto and William L. Mansfield will retire from the Board at the end of thei...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters