09.12.17
Sealed Air Corporation announced that Jerome A. Peribere, CEO and president, has advised the company’s Board of Directors of his intent to retire at the end of December 2017. As part of this planned succession, the Board simultaneously elected Edward (Ted) L. Doheny II COO and CEO-designate, and elected him as a director of the company effective as of Sept. 18, 2017.
As COO, Doheny will have responsibility for the operating businesses and supply chain network. In addition, Doheny will work on transitioning with Peribere until Dec. 31, 2017, and will then assume the role of CEO and president, effective Jan. 1, 2018.
“Under Jerome’s ‘Change the Game and Get Fit’ initiatives, Sealed Air has both exceeded performance expectations and positioned itself well for the future,” said William J. Marino, chairman of the Board of Directors of Sealed Air. “He has led our transformation from a products-based company to a knowledge-based company.”
Doheny served as CEO of Joy Global until its sale to Komatsu in May 2017. Before becoming CEO of Joy Global in December 2013, he was an EVP at Joy Global, as well as president and COO of its Underground Equipment division. Prior to joining Joy Global in May 2006, Doheny spent 21 years with Ingersoll-Rand, where he held a variety of senior executive positions with global responsibility, including president of Air Solutions and president of Industrial Technologies.
Photo courtesy Sealed Air Corp.
As COO, Doheny will have responsibility for the operating businesses and supply chain network. In addition, Doheny will work on transitioning with Peribere until Dec. 31, 2017, and will then assume the role of CEO and president, effective Jan. 1, 2018.
“Under Jerome’s ‘Change the Game and Get Fit’ initiatives, Sealed Air has both exceeded performance expectations and positioned itself well for the future,” said William J. Marino, chairman of the Board of Directors of Sealed Air. “He has led our transformation from a products-based company to a knowledge-based company.”
Doheny served as CEO of Joy Global until its sale to Komatsu in May 2017. Before becoming CEO of Joy Global in December 2013, he was an EVP at Joy Global, as well as president and COO of its Underground Equipment division. Prior to joining Joy Global in May 2006, Doheny spent 21 years with Ingersoll-Rand, where he held a variety of senior executive positions with global responsibility, including president of Air Solutions and president of Industrial Technologies.
Photo courtesy Sealed Air Corp.