Ball Corporation (NYSE:BLL) today announced that Michael W. Feldser, 64, senior vice president and chief operating officer, metal food and household products packaging, will retire at the end of 2015 after nearly a decade with the company. James N. Peterson, 47, has been named to succeed Feldser and will have the same title.
"Mike has made meaningful contributions to Ball. Most notably, he led the transformation of the food and household products packaging business into a global organization with expanded product lines and broadened geographies," said John A. Hayes, chairman, president and chief executive officer. "We congratulate Mike on his outstanding career and wish him all the best in retirement."
Peterson came to Ball in 2006 as part of operations acquired from U.S. Can Corp. Since joining Ball, Peterson led North American packaging innovation and marketing efforts. In his most recent role as vice president of marketing and corporate affairs he led the transformation of Ball's sustainability and community programs, which has positioned the corporation as an industry leader in these categories. He has also aligned Ball's communications across the globe, and has established Ball as a leader in promoting and protecting the can industry.
"Jim's commitment to staying close to customers, his drive for results, uncompromising integrity and overall leadership acumen ideally position him to take on this important opportunity," said Hayes.
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