Owens-Illinois chief to speak at BGSU
BOWLING GREEN, O.—The community is invited to
hear about “Leading in a Global Economy” from the head of a truly
global company. Al Stroucken, chairman and chief executive officer of
Owens-Illinois, Inc., will speak at 4 p.m. Oct. 4 in 202B
Bowen-Thompson Student Union at Bowling Green State University. He is
the first speaker in the College of Business Administration’s 2011
Executive Lecture Series.
The lecture is free and open to the public. A reception will be held following the talk, at 5 p.m. in 208 Union.
Since being named chairman and CEO of Owens-Illinois in December 2006, Stroucken has initiated and successfully led the company through dramatic change. O-I has significantly strengthened its financial stability as a result, increasing earnings nearly fourfold and reducing debt by $2.2 billion.
Under his leadership, O-I has expanded its global market for glass through acquisitions in Brazil, China and Argentina, and through investments in research and development, marketing and innovation.
Stroucken also has established aggressive sustainability targets to dramatically reduce O-I’s energy usage and emissions, while increasing use of recycled glass and creating an accident-free work environment.
Before being named CEO, Stroucken served on O-I’s board of directors, a position he has held since August 2005. He previously served as chief executive officer and chairman of H.B. Fuller Company, a global manufacturer of adhesives, sealants, coatings, paints and other specialty chemical products. Before joining H.B. Fuller, he spent nearly 30 years with Bayer AG, a diversified international chemical and pharmaceutical company.
Stroucken serves on the board of directors for Baxter International Inc., a global medical products and services company. He is a passionate advocate for early childhood education and has a long-standing commitment to the United Way.
(Posted September 26, 2011 )