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Libbey Inc. Names Ginger Jones to Board of Directors

Post Time:Aug 23,2013Classify:Industry NewsView:86

Libbey Inc. (NYSE MKT: LBY) today announced that Ginger Jones has joined its board of directors.     

Jones is the senior vice president, chief financial officer of Plexus Corp (NASDAQ: PLXS), a global electronic, engineering and manufacturing services company where she has served in this role since 2007.  As CFO, Jones is responsible for all finance, treasury, investor relations and information technology functions.  She is a certified public accountant and holds a bachelor's degree in Accounting from the University of Utah and a master's degree in Business Administration from the Ohio State University.

Jones was elected a director by the board upon the recommendation of its Nominating and Governance Committee.  With the addition of Jones, the Libbey board of directors now numbers ten members, of which eight are independent directors.

Regarding this new appointment, Board Chairman William Foley commented, "It's an exciting time to be a part of Libbey. We are seeing very positive results from our strategy implementation and continue to strengthen our position in the marketplace every day. Ginger's expertise and guidance on business issues will be invaluable to our board of directors and Libbey Inc."

Stephanie Streeter , Libbey's chief executive officer, added, " Ginger Jones brings a wealth of experience to our board in the areas of financial strategy and supply chain management. Given our strategy and current objectives, she'll be able to make immediate and impactful contributions. We're so pleased she is joining us as we continue to move our Company forward."

About Libbey Inc.

Based in Toledo, Ohio, since 1888, we believe Libbey Inc. is the largest manufacturer of glass tableware in the western hemisphere and one of the largest glass tableware manufacturers in the world. It supplies products to foodservice, retail, industrial and business-to-business customers in over 100 countries, and it is the leading manufacturer of tabletop products for the U.S. foodservice industry.

Libbey operates glass tableware manufacturing plants in the United States in Louisiana and Ohio as well as in Mexico, China, Portugal and the Netherlands.  Its Crisa subsidiary, located in Monterrey, Mexico, is a leading producer of glass tableware in Mexico and Latin America.  Its subsidiary located in Leerdam, Netherlands, is among the world leaders in producing and selling glass stemware to retail, foodservice and industrial clients.  Its Crisal subsidiary, located in Portugal, provides an expanded presence in Europe.  Its Syracuse China subsidiary designs and distributes an extensive line of high-quality ceramic dinnerware, principally for foodservice establishments in the United States.  Its World Tableware subsidiary imports and sells a full-line of metal flatware and hollowware and an assortment of ceramic dinnerware and other tabletop items principally for foodservice establishments in the United States.  In 2012, Libbey Inc.'s net sales totaled $825.3 million.

Source: http://www.glassonweb.com/news/index/19910/Author:

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