New head for Crown Asia rigid packaging business

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2007-04-10 News Release

New head for Crown Asia rigid packaging business

Crown Holdings appoints Jozef Salaerts as the new President of the rigid packaging business division in the Asia-Pacific region.

Crown Holdings, Inc., Philadelphia, PA, (NYSE: CCK), a leading supplier of packaging products to consumer marketing companies around the world, announced today that Jozef Salaerts, age 53, has been appointed President of its Asia-Pacific Division effective May 1, 2007. Mr.Salaerts will report to John W. Conway, Crown’s Chairman and Chief Executive Officer and will be based in Singapore. William Voss, age 62, held the position from 1996 until his return to the United States in late 2006. As previously announced, Mr. Voss will be retiring from the Company on August 1, 2007.

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Mr. Conway commented, “Under Bill’s direction, the Asia-Pacific Division’s rigid packaging business enjoyed a decade of robust and profitable growth. We wish him well. At the same time, we are fortunate to have someone of Jozef’s caliber to head the Division going forward as we continue to grow and improve. We are highly confident that his leadership and managerial skills, as well as his knowledge of our business and markets, will be a tremendous asset for Crown in Asia and throughout the Company.”

Metal packaging from Crown offers a number of advantages for production efficiency.

Metal packaging has always been a popular choice for industrial products brands due to its durability and versatility. Metal packaging offers a number of advantages for production efficiency. Click Go for larger image. photo: Crown

Mr. Salaerts is being promoted from his current position as Senior Vice President of the Asia-Pacific Division. Prior to that, he served as the Division’s Vice President for South East Asia & Closures and as its Vice President and Chief Financial Officer. Mr. Salaerts joined Crown in 1989 in its Belgian operations and was later promoted to Finance Director for the Company’s European Division. He subsequently served in other positions of increasing responsibility in both the European Division and at Corporate offices.

Jozef has an undergraduate degree in Applied Economics and a graduate degree of Engineer in Applied Economics from the University of Antwerp, Belgium.

Crown makes a wide range of metal packaging for food, beverage, personal care, household and industrial products and can making equipment. The Company’s business is structured geographically within three divisions: Americas, Europe and Asia-Pacific. The Asia-Pacific Division is comprised of 13 plants in six countries, employing approximately 1,900 people.

Visit Crown at the TOTAL Processing & Packaging show from May 15-18, 2007 in Birmingham, UK. The UK's processing & packaging show. The Total Processing & Packaging exhibition hosts suppliers of machinery, components, equipments and services to the UK processing & packaging industries.

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