Berry Global Group Management

Management criteria checks 3/4

Berry Global Group's CEO is Tom Salmon, appointed in Feb 2017, has a tenure of 6.5 years. total yearly compensation is $10.42M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 0.056% of the company’s shares, worth MX$70.06M. The average tenure of the management team and the board of directors is 6.6 years and 7.8 years respectively.

Key information

Tom Salmon

Chief executive officer

US$10.4m

Total compensation

CEO salary percentage	11.6%
CEO tenure	6.5yrs
CEO ownership	0.06%
Management average tenure	6.6yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Salmon's remuneration changed compared to Berry Global Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 01 2023	n/a	n/a	US$656m
Apr 01 2023	n/a	n/a	US$720m
Dec 31 2022	n/a	n/a	US$751m
Oct 01 2022	US$10m	US$1m	US$766m
Jul 02 2022	n/a	n/a	US$761m
Apr 02 2022	n/a	n/a	US$748m
Jan 01 2022	n/a	n/a	US$724m
Oct 02 2021	US$11m	US$1m	US$733m
Jul 03 2021	n/a	n/a	US$700m
Apr 03 2021	n/a	n/a	US$697m
Jan 02 2021	n/a	n/a	US$642m
Sep 26 2020	US$10m	US$1m	US$559m
Jun 27 2020	n/a	n/a	US$593m
Mar 28 2020	n/a	n/a	US$415m
Dec 28 2019	n/a	n/a	US$363m
Sep 28 2019	US$6m	US$1m	US$404m
Jun 29 2019	n/a	n/a	US$308m
Mar 30 2019	n/a	n/a	US$405m
Dec 29 2018	n/a	n/a	US$421m
Sep 29 2018	US$5m	US$973k	US$496m
Jun 30 2018	n/a	n/a	US$473m
Mar 31 2018	n/a	n/a	US$470m
Dec 30 2017	n/a	n/a	US$452m
Sep 30 2017	US$5m	US$804k	US$340m
Jul 01 2017	n/a	n/a	US$307m
Apr 01 2017	n/a	n/a	US$296m
Dec 31 2016	n/a	n/a	US$283m
Oct 01 2016	US$2m	US$551k	US$236m

Compensation vs Market: Tom's total compensation ($USD10.42M) is above average for companies of similar size in the MX market ($USD2.75M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.

CEO

Tom Salmon (60 yo)

6.5yrs

Tenure

US$10,423,007

Compensation

Mr. Thomas E. Salmon, also known as Tom, serves as Independent Director of Old National Bancorp since April 27, 2018 and served as its Director since January 2018. He has been Chief Executive Officer at Be...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Salmon	CEO & Chairman of the Board	6.5yrs	US$10.42m	0.056% MX$ 70.1m
Mark Miles	Chief Financial Officer	9.6yrs	US$3.24m	0.072% MX$ 89.4m
Jason Greene	Executive VP	7.5yrs	US$2.25m	0.00021% MX$ 262.5k
Curtis Begle	President of Health	8.8yrs	US$2.40m	0.024% MX$ 30.2m
Jean-Marc Galvez	President of Consumer Packaging - International Division	6.6yrs	US$2.79m	0% MX$ 0
Rodgers Greenawalt	Executive Vice President of Operations	10.6yrs	no data	no data
Debbie Garrison	Executive VP & Chief Information Officer	7.6yrs	no data	no data
Dustin Stilwell	Head of Investor Relations	no data	no data	no data
Jeff Bennett	Executive VP & Chief Human Resources Officer	1.6yrs	no data	no data
William Norman	President of Consumer Packaging – North America Division	4.1yrs	US$1.60m	no data
Michael Hill	President of Engineered Materials Division	4.7yrs	no data	no data
Tarun Manroa	Executive VP & Chief Strategy Officer	4.9yrs	no data	no data

6.6yrs

Average Tenure

53yo

Average Age

Experienced Management: BERY *'s management team is seasoned and experienced (6.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Salmon	CEO & Chairman of the Board	6.5yrs	US$10.42m	0.056% MX$ 70.1m
Stephen Sterrett	Lead Independent Director	8.6yrs	US$285.01k	0.0023% MX$ 2.9m
Carl Rickertsen	Independent Director	10.6yrs	US$270.01k	0.0023% MX$ 2.9m
Jonathan Foster	Independent Director	9.3yrs	US$270.01k	0.0023% MX$ 2.9m
B. Bayh	Independent Director	11.8yrs	US$250.01k	0.023% MX$ 28.9m
Robert Steele	Independent Director	8.8yrs	US$250.01k	0.0023% MX$ 2.9m
Idalene Kesner	Independent Director	9.3yrs	US$270.01k	0.026% MX$ 32.6m
Scott Ullem	Independent Director	7.1yrs	US$250.01k	0.0023% MX$ 2.9m
Peter Thomas	Independent Director	less than a year	no data	no data
Jill Rahman	Independent Director	2.8yrs	US$250.01k	0.0023% MX$ 2.9m
Meredith Harper	Independent Director	less than a year	no data	no data
Chaney Sheffield	Independent Director	less than a year	no data	0.043% MX$ 54.1m

7.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: BERY *'s board of directors are considered experienced (7.8 years average tenure).

Berry Global Group Management

Management criteria checks 3/4

Key information

Recent management updates

Berry Global Group, Inc Appoints James T. Glerum to its Board of Director

Glatfelter Corporation and Berry Global Group, Inc. Announce Board and Management Appointments

Berry Global Group, Inc., Annual General Meeting, Feb 14, 2024

Berry Global Appoints Kevin Kwilinski as Chief Executive Officer, Effective October 2, 2023

Recent updates

Nautic Partners, LLC entered into a definitive agreement to acquire Berry Specialty Tapes, LLC from Berry Global Group, Inc. (NYSE:BERY) for $540 million.

Amcor plc (NYSE:AMCR) entered into a definitive merger agreement to acquire Berry Global Group, Inc. (NYSE:BERY) for approximately $8.6 billion.

Amcor plc (NYSE:AMCR) entered into a definitive merger agreement to acquire Berry Global Group, Inc. (NYSE:BERY) for approximately $8.5 billion.

Berry Global Group, Inc. to Report Q4, 2024 Results on Nov 20, 2024

Berry Global Group, Inc. Declares A Quarterly Cash Dividend, Payable on December 16, 2024

Berry Global Group, Inc Appoints James T. Glerum to its Board of Director

Berry Global Group, Inc. Declares a Quarterly Cash Dividend, Payable on September 17, 2024

Berry Global Group, Inc. to Report Q3, 2024 Results on Aug 02, 2024

Berry Global Group, Inc. Declares Quarterly Dividend, Payable on June 17, 2024

Berry Global Group, Inc. to Report Q2, 2024 Results on May 09, 2024

Glatfelter Corporation and Berry Global Group, Inc. Announce Board and Management Appointments

Berry Global Group, Inc. Declares Quarterly Dividend, Payable on March 15, 2024

Berry Global Group, Inc. to Report Q1, 2024 Results on Feb 07, 2024

Berry Global Group, Inc., Annual General Meeting, Feb 14, 2024

Berry Global Group, Inc. Declares a Quarterly Cash Dividend, Payable on December 15, 2023

Berry Global Group, Inc. to Report Fiscal Year 2023 Results on Nov 16, 2023

Berry Global Appoints Kevin Kwilinski as Chief Executive Officer, Effective October 2, 2023

Berry Global Reportedly Weigh Options for $2 Billion Nonwovens Unit

Berry Global Group, Inc. Declares Quarterly Cash Dividend, Payable on September 15, 2023

Berry Global Group, Inc. to Report Q3, 2023 Results on Aug 09, 2023

Berry Global Group, Inc.(NYSE:BERY) dropped from Russell 1000 Growth Index

Second quarter 2023 earnings released: EPS: US$1.44 (vs US$1.53 in 2Q 2022)

Berry Global Group, Inc. Declares Quarterly Cash Dividend, Payable on June 15, 2023

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age