Crown Holdings Unveils Major Executive Changes in Leadership Strategy
Crown Holdings, Inc. (NYSE: CCK) has confirmed a pivotal executive leadership shift that will take effect on July 1, 2025. Djalma Novaes, Jr., the current President of the Company’s Americas Division, is set to be elevated to the position of Executive Vice President and Chief Operating Officer. This promotion comes as part of Crown's strategy to enhance its operational oversight across its major market divisions, particularly in the Americas and Europe.
Novaes has been a key figure in Crown Holdings since he joined the company in 1998. Over the past eight years, he has been at the helm of the Americas Division, which stands as the Company’s largest business segment. His leadership has yielded impressive results, significantly boosting segment income and strengthening the Company’s competitive stance in the market. His prior experience includes pivotal roles such as serving as the President of Crown's operations in Brazil and Vice President of Operations for the North American Beverage can sector. Novaes holds both a Bachelor of Science in Mechanical Engineering from Pontifícia Universidade Católica do Rio de Janeiro and an MBA from Fundação Getúlio Vargas in São Paulo.
Timothy J. Donahue, the Chairman, President, and CEO of Crown Holdings, commended Novaes for his exceptional leadership skills and strategic vision. 'Djalma's track record of success in doubling segment income demonstrates his capability to lead the Company into its next phase of growth,' he stated. Donahue further emphasized the importance of having an executive with Novaes' depth of commercial and operational expertise at the helm as the company prepares for future challenges and opportunities.
Additionally, the announcement noted the transition of Gerard Gifford, who has served as Executive Vice President and Chief Operating Officer since 2017. Gifford will be stepping back to the role of Executive Vice President and Chief Administrative Officer. Having been with Crown for over 40 years, he is preparing for retirement in early 2026. Gifford’s contributions to the company, especially in enhancing customer satisfaction and operational excellence, have been invaluable. Donahue expressed deep gratitude for Gifford's unwavering commitment and years of service, acknowledging that his leadership has been instrumental in achieving exceptional results across the board.
This transition in leadership marks a crucial chapter for Crown Holdings, highlighting a strategic move towards bolstering its executive team to navigate the evolving landscape of the packaging industry. With Novaes' promotion, Crown is poised for a dynamic integration of its operational strategies across both American and European markets while maintaining high standards in customer service and product delivery.
Crown Holdings operates globally, providing a diverse range of rigid packaging solutions along with transit and protective packaging products. Headquartered in Tampa, Florida, the Company is recognized for its innovative contributions to the packaging sector, serving various consumer marketing companies and industries. For those looking to stay informed on Crown's developments or its extensive portfolio of products, the Company encourages a visit to its official website at www.crowncork.com.
As the company embarks on this new leadership journey, stakeholders remain optimistic about how these changes will enhance Crown’s market presence and operational capabilities in the coming years.
Novaes has been a key figure in Crown Holdings since he joined the company in 1998. Over the past eight years, he has been at the helm of the Americas Division, which stands as the Company’s largest business segment. His leadership has yielded impressive results, significantly boosting segment income and strengthening the Company’s competitive stance in the market. His prior experience includes pivotal roles such as serving as the President of Crown's operations in Brazil and Vice President of Operations for the North American Beverage can sector. Novaes holds both a Bachelor of Science in Mechanical Engineering from Pontifícia Universidade Católica do Rio de Janeiro and an MBA from Fundação Getúlio Vargas in São Paulo.
Timothy J. Donahue, the Chairman, President, and CEO of Crown Holdings, commended Novaes for his exceptional leadership skills and strategic vision. 'Djalma's track record of success in doubling segment income demonstrates his capability to lead the Company into its next phase of growth,' he stated. Donahue further emphasized the importance of having an executive with Novaes' depth of commercial and operational expertise at the helm as the company prepares for future challenges and opportunities.
Additionally, the announcement noted the transition of Gerard Gifford, who has served as Executive Vice President and Chief Operating Officer since 2017. Gifford will be stepping back to the role of Executive Vice President and Chief Administrative Officer. Having been with Crown for over 40 years, he is preparing for retirement in early 2026. Gifford’s contributions to the company, especially in enhancing customer satisfaction and operational excellence, have been invaluable. Donahue expressed deep gratitude for Gifford's unwavering commitment and years of service, acknowledging that his leadership has been instrumental in achieving exceptional results across the board.
This transition in leadership marks a crucial chapter for Crown Holdings, highlighting a strategic move towards bolstering its executive team to navigate the evolving landscape of the packaging industry. With Novaes' promotion, Crown is poised for a dynamic integration of its operational strategies across both American and European markets while maintaining high standards in customer service and product delivery.
Crown Holdings operates globally, providing a diverse range of rigid packaging solutions along with transit and protective packaging products. Headquartered in Tampa, Florida, the Company is recognized for its innovative contributions to the packaging sector, serving various consumer marketing companies and industries. For those looking to stay informed on Crown's developments or its extensive portfolio of products, the Company encourages a visit to its official website at www.crowncork.com.
As the company embarks on this new leadership journey, stakeholders remain optimistic about how these changes will enhance Crown’s market presence and operational capabilities in the coming years.
Topics General Business）
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