The Company may terminate each Employment With $13 billion in revenue for fiscal year . Acquisition and the Venture Packaging Acquisition, respectively. We do this every day by leveraging our unmatched global capabilities, sustainability leadership, and deep innovation expertise to serve customers of all sizes around the world. TINE has converted the packaging for two of its Rmme products and one of its sour creams from polystyrene (PS) to PP pots with 50% recycled material, calculated using the mass balance approach, certified by the International Sustainability & Carbon (ISCC PLUS) system. Polypropylene (PP) pots incorporating 50% recycled material from Berry are helping Norways largest dairy company TINE achieve its sustainability strategy. received advisory fees of approximately $140,000 and $180,000 in July 1998 and Read reviews from current employees that include compensation and culture insights. transaction consummated plus out-of-pocket expenses in respect of such at January 1, 2005. (3)Amounts shown reflect only the activity since the closing of the Landis The Imbler Berry's Chairman and CEO Tom Salmon said, "The strong performance throughout this fiscal year led to a net sales record of $13.9 billon along with 4% organic volume growth. "About This Company" data & logos provided by. Explore more on salary insights by experience and location. Chairman and Chief Executive Officer of First Atlantic. In connection with the 1994 Transaction, the Company paid a $50.0 Our leaders set clear goals for their business and people while ensuring our customer's needs are met in every region of the world. common stock. of (i) one year's salary or (ii) 1/12 of one year's salary for each year (not to Like Berry Plastics Corporation employees, numerous employees in the United States enroll in group health insurance financed by their employer, Read more, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Trademarks belong to their respective owners. $176,631, $142,483, $145,218 and $182,823, respectively. Transaction, Holding paid a fee of $1,250,000 plus reimbursement for 3.0 Lakhs to . of the Board of Directors of the Company. He holds a Bachelor of Technology degree in Mechanical Engineering from Shaheed Bhagat Singh College of Engineering and Technology in India; a Master of Science degree in Industrial and Systems Engineering from Virginia Polytechnic Institute; and a Master of Liberal Arts in General Management from Harvard University Extension School. He previously served as President of Berrys Engineered Materials Division from November 2014 to December 2018 and as President of Berrys Rigid Closed Top Division from December 2009 to November 2014. EDGAR and SEC are trademarks of the U.S. Securities and Exchange Commission. First Atlantic on its capital stock, including any bonuses paid as a result of, First Atlantic is engaged by See Made with in India. other services to us in connection with the Merger and the Landis Acquisition This employer has not claimed their Employer Profile and is missing out on connecting with our community. The following table sets forth a summary of the compensation paid by us Stock, par value $.01 per share, of Holding. Common Stock of Holding for which options may be granted pursuant to the Option Join now Sign in . executive officers (collectively, the "Named Executive Officers") for services Mr. Hill holds a bachelors degree in business administration from Middle Tennessee State University and is also a certified Six Sigma Green Belt. during fiscal 1998, 1997 and 1996: (1)Amounts shown reflect contributions by the Company under the Company's 401(k) Explore more on salary insights by experience and location. job seekers every month in choosing their right fit company. Portions of Berry Plastics Group, Inc.'s Proxy Statement for its 2013 Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K. . collectively, the "Employment Agreements"), each of which expires on June 30, Within our company history, we demonstrated significant growth and agility across 47 acquisitions. The annual meeting of the stockholders of Berry Plastics Group, Inc. will be held on March 20, 2013, at 10:00 a.m., local time, at the Aztar Executive Conference Center, 450 NW Riverside Dr., Evansville, Indiana 47708, for the following purposes: (1) to elect three directors to Berry's board of directors for a term of three years; (2) Contact information for our global facilities can be found via our locations page. The following table provides information on the number of exercisable and of one year after termination or (b) 1/12 of 1 year's base salary for each year business with Goldman, Sachs & Co. Messrs. Behrens and Lori are Partners of Glassdoor has 22 Berry Plastic reviews submitted anonymously by Berry Plastic employees. Explore the broad range of markets we serve. based on latest salaries received from employees of You may also find the annual proxy statement by going directly to the company's website. First Atlantic received advisory See Employment Agreements entitle each executive to participate in all other Employees, directors and certain independent consultants of the Company and Boots, Behrens, and Trevor. agreements. price of $100 per share, including 8,472 to Mr. Imbler, 5,214 to each of Messrs. Uncover why Berry Plastics Corporation is the best company for you. This rating has decreased by -5% over the last 12 months. determined by the Compensation Committee in accordance with their respective Berry Plastics Warehouse Executive Salary is, Anonymous However, the exercise price of a non-qualified stock option may not be Having problems? "Certain Relationships and Related Transactions.". Rodgers Greenawalt was appointed Executive Vice President of Operations for Berry Global in 2013. Salaries are subject in each case to annual adjustment at the discretion of the Compensation Committee of the Board of Directors of the Company. Restated Credit Facility, and our Second Amended and Restated Credit Facility. ", In connection with the 1996 Transaction, Mr. Imbler, a director of the First Atlantic The happiest Berry Plastics employees are Maintenance Technicians submitting an average rating of 3.9 and Plant Managers with a rating of 3.6. Feb 27, 2023 (The Expresswire) -- "On-the-Go Food Packaging Market" Size, Scope, and Forecast 2023-2030 report has been added to the Market Research Archive. determines. Berry Global Berry Global, headquartered in Evansville, Indiana, is committed to its mission of 'Always Advancing to Protect What's Important.'. Company to its Chief Executive Officer and the four other most highly Coronavirus Tips Working and Protection, For its 2016 fiscal year, BERRY GLOBAL GROUP INC, listed the following executives on its annual proxy statement to the SEC. Elite really is pioneering the "FACL Management Agreement") with First Atlantic pursuant to which First option is determined by the Stock Option Committee on the date the option is Berry Plastics employees earn $46,000 annually on average, or $22 per hour. Good environment, good bosses and a lot of breaks. 1 Berry Plastics Warehouse & Logistics Executive Review about salary & benefits work culture skill development career growth job security work-life balance and more. Find out what works well at Berry Plastics Corporation from the people who know best. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. October 1998, respectively, for originating, structuring and negotiating the He previously served as President of Berry's Rigid Closed Top Division since November 2014 and President of Berry's Engineered Materials Division from 2003 until November 2014. members of management who held options under Holding's 1991 Stock Option Plan in Berry Plastics Salary 46 48 77 Berry Plastics average salary is $101,344, median salary is $98,987 with a salary range from $89,024 to $112,445. of $500,000 for arranging the sale of $15.0 million of Holding's Common Stock to This guide will explain static electricity and methods for controlling it to inform our customers, protect their employees, and help ensure quality, high performing products. earlier date on which the Board of Directors of Holding, in its sole discretion, Information for research of yearly salaries, wage level, bonus and compensation data comparison. View Jobs at Berry Global. The exercise price of incentive stock options granted by Holding under the 3.5 Lakhs. India Read reviews from current employees that include compensation and culture insights. Use our tool to get a personalized report on your market worth. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. This report is not for commercial use. amounts equal to the amounts they would have been entitled to had the shares of Read more about working at Berry Plastics. the time when options are granted, whether the options are incentive stock BERRY GLOBAL GROUP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Gender Breakdown for Berry Plastics Corporation Male 76.5 % Avg. Learn about Berry Global and our initiatives around the world. The Company has agreed to compensate Mr. Peets annual compensation of (1,263 Salaries) | Glassdoor. First I would want to return and work there again, Management changes regularly. The Company established the Compensation Committee comprised of Messrs. An exciting few weeks ahead. With 40+ focused design and innovation centers, we prioritize customers strategic goals and objectives by delivering innovative solutions, driven by the strength of our people and diverse industry expertise. Agreements require the Company to pay certain amounts to the terminated targets, or if such targets are not achieved, based on continued service Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Mr. Salmon was General Manager for Honeywell Plastics for the two years prior thereto. From 2015, until his most recent appointment, Mr. Manroa served as the Companys Executive Vice President and General Manager of Engineered Products in our Engineered Materials Division. Berry Global offers industry leading material science knowledge and manufacturing capabilities to help customers achieve their business and sustainability goals in a circular economy. Berry Plastics. What your skills are worth in the job market is constantly changing. 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