This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Crown Holdings, Inc. Announces The Promotion Of Timothy J. Donahue To President And Chief Operating Officer And The Appointment Of Thomas A. Kelly As Senior Vice President And Chief Financial Officer

Stocks in this article: CCK

PHILADELPHIA, March 4, 2013 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced that Timothy J. Donahue will become President and Chief Operating Officer effective today.  Mr. Thomas A. Kelly has been appointed Senior Vice President and Chief Financial Officer.  Mr. Donahue and Mr. Kelly will report to John W. Conway, Chairman of the Board and Chief Executive Officer. 

Mr. Donahue was formerly Executive Vice President and Chief Financial Officer, a position he held since 2008.  Prior to that, he had served as Senior Vice President – Finance since 2000 and as the Company's Controller from 1991 to 2000.

Mr. Conway commented, "Tim has made significant contributions to the success of the Company and has been an important member of the Crown executive team over the course of his twenty-two years with the Company.  I am confident that Tim will provide strong leadership in this new position of Chief Operating Officer."

Mr. Kelly was formerly Senior Vice President – Finance, a position he held since 2009.  Prior to that, he had served as Senior Vice President – Corporate Controller since 2001.

Mr. Conway commented, "Tom has served the Company for over 20 years and has been a vital part of our senior management team over the last several years.  Tom brings a wealth of knowledge about Crown and our strategy and I am delighted to have him succeed Tim as our next Chief Financial Officer."

Cautionary Note Regarding Forward –Looking Statements

Except for historical information, all other information in this press release consists of forward-looking statements.  These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements.  Important factors that could cause the statements made in this press release or the actual results of operations or financial condition of the Company to differ are discussed under the caption "Forward-Looking Statements" in the Company's Form 10-K Annual Report for the year ended December 31, 2012 and in subsequent filings made prior to or after the date hereof.  The Company does not intend to review or revise any particular forward-looking statement in light of future events.

About Crown Holdings, Inc.

Crown Holdings, Inc., through its subsidiaries, is a leading supplier of packaging products to consumer marketing companies around the world.  World headquarters are located in Philadelphia, PA.  For more information, visit www.crowncork.com.

For more information, contact:

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs