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Owens-Illinois appoint new MD for China Business

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Owens-Illinois, Inc., (NYSE: OI) has selected Paul Wang to serve as the company’s managing director in China.

Wang joins O-I from International Paper, where he held a number of senior level positions in sales and marketing, business development, government relations and general management.

In his new role at O-I, Wang will be located in Shanghai and will assume responsibility for all of the company’s operations in China. As part of his role, Wang will also support global operations through low cost strategic sourcing from China through O-I’s China Trading Company and Tianjin Mould Company. A top priority will be accelerating O-I’s growth strategy in China, including organic growth and merger and acquisition activity.

“Paul brings a unique set of capabilities to this role including proven leadership and general management skills, experience with both packaging and glass companies, deep knowledge of the Chinese business environment and expertise in business development, all of which will be of great value as O-I grows its business in China,” said Greg Ridder, president of O-I Asia Pacific.

About O-I

Millions of times a day, O-I glass containers deliver many of the world’s best-known consumer products to people all around the world. With the leading position in Europe, North America, Asia Pacific and Latin America, O-I manufactures consumer-preferred, 100 percent recyclable glass containers that enable superior taste, purity, visual appeal and value benefits for our customers’ products. Established in 1903, the company employs more than 23,000 people with 80 manufacturing facilities in 22 countries. In 2008, net sales were $7.9 billion. For more information, visit http://www.o-i.com.

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