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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

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.

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