Australian-based packaging company Amcor has announced that after 10 years at the helm of the company, Ken MacKenzie has decided to retire from the position of Managing Director and CEO.
MacKenzie will leave Amcor at the end of the 2015 financial year and will be succeeded by Ron Delia, currently Amcor’s Chief Financial Officer.
Delia joined Amcor in 2005 and has been CFO since February 2011. Previously he was Vice President of the Rigid Plastics Latin America operations and Executive Vice President of Corporate Operations.
Delia said: “Amcor’s success over the past decade has been built on the strength of a high quality and talented team of people. The business has developed a focused portfolio, built a unique operating model for the packaging industry, and established a clear understanding of shareholder value creation. These components will remain the foundations of the company going forward.”