Business News

Hayes Named President of Ball Corporation

Friday 20. November 2009 - Seabrook Named COO, Global Packaging Operations and Morrison Named SVP and CFO

Ball Corporation (NYSE:BLL) today announced promotions and senior management changes that will become effective at the beginning of 2010, including that John A. Hayes will become president of Ball at that time. Hayes, who will remain chief operating officer for the corporation, also will join Ball’s board of directors at the beginning of the year.

Raymond J. Seabrook will become executive vice president and chief operating officer, global packaging operations, reporting to Hayes. Scott C. Morrison will become senior vice president and chief financial officer and will remain treasurer. Morrison and Hayes will report to R. David Hoover, chairman and chief executive officer of Ball Corporation.

“We are very pleased to have John Hayes become president of Ball Corporation and join our board,” said Hoover, who has been president of Ball since January 2000. “He has been a major contributor to our success since joining the company in 1999. Over the past two years he has demonstrated exceptional leadership skills as executive vice president and chief operating officer.”

Hayes began his career with Ball as senior director, corporate planning and development. He was vice president, corporate strategy, development and marketing, in 2005 when he was named executive vice president of Ball Packaging Europe. He was president of Ball Packaging Europe before being named to his current position at the beginning of 2008.

Seabrook joined Ball Corporation in 1988 with the formation of Ball Packaging Products, Canada. He became corporate vice president and treasurer in 1992 and chief financial officer in 2000. He has been executive vice president and chief financial officer since 2006.

“Ray Seabrook will bring knowledge and experience gained from 25 years in the packaging industry and more than two decades with Ball Corporation to the new position of chief operating officer, global packaging,” Hayes said. “Packaging products make up more than 90 percent of Ball Corporation’s sales, and we look forward to having a strong, disciplined leader in Ray to lead those businesses.”

Morrison joined Ball in 2000 as treasurer after 16 years in the banking industry. He became vice president and treasurer in 2002.

“Scott Morrison has been instrumental in crafting and executing the strategy that has led to the strong financial position we have today,” Hoover said. “Scott’s experience in effectively managing financial risk has played a key role in steering Ball through this time of unprecedented financial volatility, and his deep knowledge of our company and our financial strategy make him well-suited to succeed Ray Seabrook as CFO.”