Berry Plastics Group, Inc. (NYSE: BERY), a leading global manufacturer and marketer of value-added plastic packaging and engineered materials, today announced the appointment of Idalene F. (Idie) Kesner and Jonathan (Jon) F. Foster to its Board of Directors. Kesner will serve on the Company’s Nominating and Corporate Governance Committee, and Foster will serve on its Compensation Committee. Kesner and Foster replace Anthony Civale and Donald Graham who are stepping down from the Company’s Board.
Kesner has served as dean for Indiana University’s Kelley School of Business, since July 2013. Kesner joined the Kelley School faculty in 1995, coming from a titled faculty position at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. While at Indiana University (IU), Kesner has served as chairwoman of Kelley’s Full-Time MBA Program, Chairwoman of the Department of Management and Entrepreneurship, and co-directed the School’s Consulting Academy.
Kesner has taught in more than 100 executive programs and served as a consultant for many national and international firms, working on strategic issues. Her research has focused on the areas of corporate boards of directors, corporate governance, and mergers and acquisitions. Kesner is a director for Lincoln Industries, Main Street America Group, and Sun Life Financial. Kesner holds an MBA and Ph.D. in business administration from IU and a bachelor’s degree in business administration from Southern Methodist University.
Foster is Founder and a Managing Director of Current Capital LLC, a private equity investing and management services firm. Prior to this role, Foster served as a Managing Director and Co-Head of Diversified Industrials and Services at Wachovia Securities. Foster has served in numerous key executive leadership positions including: Executive Vice President - Finance and Business Development of Revolution LLC; Managing Director of The Cypress Group; Senior Managing Director and Head of Industrial Products and Services Mergers and Acquisitions at Bear Stearns & Co; and Executive Vice President, Chief Operating Officer, and Chief Financial Officer of ToysRUs.com, Inc. Prior to the aforementioned positions, Foster was with Lazard for over 10 years, primarily in mergers and acquisitions.