For the month of May 2005
Amcor Limited
(Translation of registrants name into English)
679 Victoria Street Abbotsford
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ý Form 40-F o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ý No o
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- 0000869428
Amcor News Release
For release: Thursday, May 12, 2005
AMCOR ANNOUNCES KEN MACKENZIE AS CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR
Amcors Board announces today that it has appointed Mr Ken MacKenzie as its new Chief Executive Officer and Managing Director, effective from July 1, 2005, at which time Mr Chris Roberts will revert to the position of non-executive Chairman.
Mr MacKenzie, a 41 year old Canadian national, has had 13 years experience with Amcor working in all the major operating divisions including PET, flexibles, tobacco packaging and closures. He has managed businesses across the Americas, Europe, Australasia and Asia and has lived in North America, Australia and Europe. He is currently the Group Managing Director of the Amcor Rentsch and Closures business, based in Switzerland.
Mr Chris Roberts, Amcors Executive Chairman, said: Ken MacKenzie is a world class executive who fulfils all the key criteria the Board had established. He has had experience across all our major business segments and understands the packaging industry intimately. He has had management experience in Europe, Australasia, the Americas and Asia and has an excellent track record in improving earnings and returns in these businesses.
The selection of the new Managing Director involved a global search and the Amcor Board was pleased with the quality of the external candidates, however it transpired that they could not match Ken MacKenzie as the internal benchmark.
Amcors Managing Director elect, Mr Ken MacKenzie, said: I am extremely enthusiastic about the opportunity to lead Amcor in this next stage of its development.
Over the past five years, Amcor has divested its non-core paper based activities and acquired substantial global positions in its chosen market segments.
With this platform established, it is now appropriate to move from the previous stage of acquisitions and integration to focus on the execution of the key fundamentals that drive excellence in the packaging industry.
Amcor Limited
ABN 62 000 017 372
679 Victoria Street
Abbotsford Victoria 3067 Australia
Tel: 61 3 9226 9000 Fax: 61 3 9226 6500
www.amcor.com
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I look forward to working with my fellow Amcor colleagues to create an organisation that is a global packaging leader in terms of product innovation and commercial and operational excellence, that will deliver continuous improvement in earnings and returns for our shareholders.
Mr Chris Roberts, Amcors Executive Chairman, said: The Board has every confidence that Ken Mackenzie will be an excellent Managing Director through the next stage of the companys development.
Ken MacKenzie, who is multilingual and currently living in Zurich, Switzerland, will be relocating to Melbourne with his wife and family over the coming months.
ENDS
For further information please contact: |
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Chris Roberts |
John Murray |
Executive Chairman |
EGM Corporate Affairs |
Ph: +61 3 9226 9001 |
Ph: +613 9226 9005 |
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Background Information Mr. Ken MacKenzie
Career |
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2001 to present |
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Amcor Rentsch and Closures, |
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Group Managing Director |
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Location: Europe |
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2004 sales A$ 1 billion |
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2004 EBIT A$ 100 million |
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Eight tobacco packaging plants and twelve closures plants |
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located throughout Europe, Asia and the Americas. |
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1999 to 2001 |
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Amcor Flexibles Australasia, |
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Group General Manager |
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Location: Australia |
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Eight plants in Australia and New Zealand with sales of over |
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A$300 million. |
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1997 to 1999 |
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Amcor Containers Packaging Australasia |
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General Manager, Corporate Sales and Marketing |
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Location: Australia |
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1995 to 1997 |
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Amcor PET Packaging |
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Director, Finance and Administration |
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Location: North America |
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1992 to 1995 |
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Amcor PET Packaging |
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Director, Engineering and Information Technology |
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Location: North America |
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1987 to 1992 |
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Accenture |
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Management Consultant |
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Location: North America |
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Personal Details |
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Born: Montreal, Canada 1964 |
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Married, with two teenage children. |
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Bachelor of Engineering (Mechanical) |
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McGill University, Montreal |
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Interests: Skiing, yachting (Canadian Laser Gold |
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Medallist 1985) |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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By: |
/s/ JULIE McPHERSON |
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JULIE McPHERSON |
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(Company Secretary / Group General Counsel) |
Date 12/05/2005
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