O-I Glass (OI) has issued an announcement.
Gordon J. Hardie has been appointed as the new President and CEO of O-I Glass, Inc., set to take the helm following the company’s annual stockholder meeting on May 15, 2024, or upon receiving his U.S. work visa. Hardie brings a wealth of experience from his previous executive roles at global firms, including Bunge Ltd., and boasts an educational background with an MBA from University College Dublin. His compensation includes a $1.2 million base salary, the potential for a 150% annual cash incentive, and benefits comparable to those of his executive peers, alongside substantial long-term incentive awards. The company also announced the retirement of their current Independent Board Chair and the introduction of two new board nominees, indicating a strategic refresh in leadership.
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