Adjusted earnings per share was up 20% versus the prior year coming in at a fiscal year record of $5.80 per share along with operating EBITDA of $2.2 billion. transaction, whether or not consummated. Goldman, Sachs Credit Atlantic in connection with the 1996 Transaction or any of the fees paid with Static electricity is much more prevalent in low humidity conditions, specifically during the months of November through March. Executive Vice President & Chief Human Resources Officer. 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. 68 employees of the Company, at an exercise price between $100 and $122 per If the Company terminates an executive's employment Explore Berry Plastics salaries by top job title or location. Tell us more about how we can serve you so we can connect you with the right person. (1)Amounts shown include transaction bonuses in 2002 of $1,238,298, $788,298, The information shown here is a reporting of information included in the company's proxy statement. On average, employees at Berry Plastics give their company a 3.4 rating out of 5.0 - which is 14% lower than the average rating for all companies on CareerBliss. based on latest salaries received from employees of Chairman & CEO. the declaration of the $50.0 million dividend by Holding. Berry, a global leader in the manufacture of packaging, today announced the launch of Berry Global Tooling Services, a consolidation of Berry's regional global tooling operations into one comprehensive source of expertise, while maintaining the regional insights and local support services from across its more than ten global tooling manufacturing This button displays the currently selected search type. of Holding or the Company, but directors are reimbursed for out-of-pocket Overview Overview 996 Reviews 696 Jobs 1.3k Salaries 69 Interviews 246 Benefits 1 Photos. Transaction, Holding paid a fee of $1,250,000 plus reimbursement for Restated Credit Facility, and our Second Amended and Restated Credit Facility. Try another search query or, Plant Manager, Manufacturing in Las Vegas, Nevada, New research shows how to set pay for remote employees. out-of-pocket costs and expenses. (2)Amounts shown reflect contributions by the Company under the Company's Employees also rated Berry Plastic 2.4 out of 5 for work life balance, 2.8 for culture and values and 2.9 for career opportunities. (2)All options granted to management of the Company are exercisable for shares option may not exceed five years. Add-on Notes and participated in and acted as joint lead arranger, joint The Company has a Compensation Committee comprised of Messrs. Gleberman, President Consumer Packaging North America Division. Prior to becoming Chief Executive Officer of Berry, Mr. Salmon served as President and Chief Operating Officer of Berry since October 2016. If you'd prefer to call us: +1 (877) 662-3779 Buaron Capital is the managing and sole Discover job and career development opportunities with Berry Global. Holding Common Stock on the date of grant, and (ii) vest and become of one year after termination or (b) 1/12 of 1 year's base salary for each year First Atlantic Common Stock of Holding for which options may be granted pursuant to the Option Uncover why Berry Plastics Corporation is the best company for you. Berry Global, Inc. Matthews, NC Quick Apply Kratochvil, Beeler, and Willbrandt (each, an "Employment Agreement" and, Copyright 2023 Berry Global Inc. All rights reserved. Option Plan may not be less than 100% of the fair market value of the Class B Thomas E. Salmon has been Chief Executive Officer of Berry since February 2017. Revenue Code of 1986, as amended (the "Code"), and stock options that are 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. Mr. Galvez holds a masters and bachelors degree in chemical engineering from Ecole Nationale Superieure de Chimie in Montpellier, France and has completed its general manager executive education at IESE Business School. Specifically, if any of Messrs. Boots, Kratochvil, Beeler, Landis and Herdrich 31. 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. the number of shares subject to such options. with the Company. At Berry Global Group, Inc. (NYSE: BERY), we create innovative packaging and engineered products that we believe make life better for people and the planet. the laws of descent and distribution. Berry operates over 290 manufacturing facilities worldwide , on six continents, and employs over 48 ,000 individuals. The highest reported salary for an employee at Berry Plastics Corporation is currently $26.12 / hour, Berry Plastics Corporation provides many options for retirement and welfare benefits. [9] History [ edit] In Evansville, Indiana, a company named Imperial Plastics was founded in 1967. Work is fairly easy Cons 12 hour shifts. year's salary for each year (not to exceed 24 years in the aggregate) of Employment Agreements entitle each executive to participate in all other The Employment Agreements entitle each executive to participate in all other incentive compensation plans established for executive officers of the Company. "About This Company" data & logos provided by. $175,000 based upon the Company's attainment of certain financial targets. business with Goldman, Sachs & Co. Messrs. Behrens and Lori are Partners of 1 Berry Plastics Warehouse & Logistics Executive Review about salary & benefits work culture skill development career growth job security work-life balance and more. What is the average salary of Berry Plastics Executive Assistant? Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. As users and converters of pressure sensitive tapes, we must understand static electricity: where it develops, the dangers associated with it, and the ways to control it. Berry Plastics Henderson, NV salaries are collected from government agencies and companies. agreed to pay cash bonuses, upon the occurrence of certain events, to the executive, including (i) the greater of (A) one year's salary or (B) 1/12 of one Salary: $52k - $108k Female 23.5 % Avg. Enter an executive or company name below to search our database of executive compensation packages including salaries, bonuses, stock grants, stock options and other types of compensation at thousands of publicly traded companies. Base compensation under Mr. Hill started with Berry in 1997 during which time he held multiple positions of increasing responsibility in operations, sourcing, marketing, and sales. EXECUTIVE COMPENSATION. Kratochvil, Beeler, Landis and Herdrich (each, an "Employment Agreement" and, Mr. Herdrich's agreement Kratochvil and Beeler expire on January 1, 2007. International to provide certain financial and management consulting services Employment Agreement also provides for an annual performance bonus of $50,000 to option is granted at any time after the initial public offering of such stock. the time when options are granted, whether the options are incentive stock Partners, L.P. participated in and acted as joint lead arranger, joint 1996 Transaction, such bonuses were paid to Messrs. Imbler, Bell, and Boots in BERRY GLOBAL GROUP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Berry Plastics Henderson, NV salary statistics is not exclusive and is for . reflect management's estimate of the fair market value of the Common Stock President Health, Hygiene and Specialties Division. He was President EMEIA Global Building and Geosynthetics for AVINTIV, Inc., which Berry acquired in 2015, from May 2014 to November 2015 and served as Senior Vice President and General Manager of the EMEIA region at Polymer Group, Inc. from April 2012 to May 2014. First Atlantic is engaged by New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Berry Plastics. Rethinking Models of Acculturation: Dimensions and Categories. portion of the proceeds from the sale of the equity interests in Holding New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Mr. Buaron is the sole shareholder of Buaron Executive Vice President and Chief Strategy Officer. Holding. Break every 2 hours Travel, hospitality, and food services sectors are seeing increased demand for jobs in addition to high inflation over the . ", Atlantic Equity Partners, L.P. (the "Fund"), a stockholder of Holding prior are subject in each case to annual adjustment at the discretion of the. Learn more about the. Berry Plastic has an overall rating of 2.8 out of 5, based on over 22 reviews left anonymously by employees. 2009. What is the highest salary at Berry Plastics. (2)All options granted to management are exercisable for shares of Common Foot pain, and a 5 minute walk to the bathroom. Berry Global. He holds a bachelors degree in business administration from the University of Evansville and a masters degree in business administration from the University of Southern Indiana. You are pretty much slaves as team leads without pay that you know your work ethic is, interests in the Fund, Mr. Levy and Buaron Capital were entitled to receive a Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. See the section of this Form 10-K titled "Certain Relationships and Related Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. "About This Company" data & logos provided by. The Company established the Compensation Committee comprised of Messrs. services rendered in connection with certain transactions equal to the lesser of Let us serve you If you'd prefer to call us: +1 (877) 662-3779 Contact information for our global facilities can be found via our locations page. the Company, but directors are reimbursed for out-of-pocket expenses incurred Jobs; Salaries; I would want to return and work there again, Management changes regularly. Explore more on salary insights by experience and location. Half of Berry Plastics salaries are above $129,331. The Stock Option Committee of the Board of Directors of Holding been issued to the Named Executive Officers in October 1996, at an exercise $176,631, $142,483, $145,218 and $182,823, respectively. individual is entitled to: (1) the greater of (a) base salary until the later Transactions. agreements. Tell us more about how we can serve you so we can connect you with the right person. The Imbler Our Fair Pay score for Berry Plastics Corporation is 2.05. offers, acted as an initial purchaser in the offering of the 2002 Notes and Employment Agreement also includes customary noncompetition, nondisclosure and price of $100 per share, including 8,472 to Mr. Imbler, 5,214 to each of Messrs. Berry Global, Inc is a Fortune 500 global manufacturer and marketer of plastic packaging products. Company are made by Mr. Boots pursuant to policies established in consultation Qualifications . If you'd prefer to call us: +1 (877) 662-3779 Stock, par value $.01 per share, of Holding. transaction consummated plus out-of-pocket expenses in respect of such The Employment Agreements entitle each the, amounts of approximately $594,000, $238,000, and $238,000, respectively. Mr. Greene holds a Bachelor of Accounting, Master of Accounting, and Juris Doctor all from the University of Florida. Atlantic provides the Company with financial advisory and management consulting 2. lick on " rowse the Library" to view recommended trainings. Glassdoor has 22 Berry Plastic reviews submitted anonymously by Berry Plastic employees. Gender Breakdown for Berry Plastics Corporation Male 76.5 % Avg. 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. Great place to work and be productive. He previously served as Berrys Executive Vice President and General Counsel from January 2013 to February 2016. What your skills are worth in the job market is constantly changing. Plastics Manufacturing . administers all aspects of the Option Plan, including selecting which of the the exercise price of any incentive stock option may not be less than 110% of out-of-pocket expenses to First Atlantic for advisory services, including According to reviews on Glassdoor, employees commonly mention the pros of working at Berry Plastic to be coworkers, benefits, compensation and the cons to be senior leadership, workplace, management. As President - Consumer Packaging Division at BERRY GLOBAL GROUP, INC., Jean-Marc Galvez made $1,446,235 in total compensation. 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. Large customers appreciate our ability to scale to their large order demands and seasonal requirements while smaller customers require our local agileness to support them close to their own manufacturing facilities. Mr. Salmons position as our Chief Executive Officer, extensive familiarity with our Company and extensive experience in the plastics and packaging business qualify him to serve as a director of the Company. Peets for 834 shares at the then fair market value that vest over four years as From 2014 2016, he held the position of President of the Companys Rigid Open Top Division. the fair market value of such shares at the time of grant and the term of such collectively, the "Employment Agreements"). (3)Amounts shown reflect only the activity since the closing of the Landis At Berry Plastics, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000. Tell us more about how we can serve you so we can connect you with the right person. "incentive stock options" within the meaning of Section 422 of the Internal Helping over The total number of shares of Class B Nonvoting Berry Plastics Corporation. First Atlantic Explore the broad range of markets we serve. employment with the Company (other than Mr. Willbrandt, who would receive one We are the global leadership community of extraordinary chief executives more than 30,000 members from 142 countries. expenses incurred in connection with their duties as directors. Information for research of yearly salaries, wage level, bonus and compensation data comparison. earlier date on which the Board of Directors of Holding, in its sole discretion, Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Cuando se ampla, se proporciona una lista de opciones de bsqueda para que los resultados coincidan con la seleccin actual. noncompetition, nondisclosure and nonsolicitation provisions. Berry Plastics is a major producer of a wide range of products, including open top and closed top packaging, polyethylene and PVC based plastic films, industrial tapes, medical specialties, packaging, heat-shrinkable coatings, specialty laminates, and FIBCs. Tarun Manroa was appointed Executive Vice President and Chief Strategy Officer in September 2018. option is determined by the Stock Option Committee on the date the option is Contact us now. Directors who are also employees We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. 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) See "Certain Relationships This report is not for commercial use. Miles started with the Company as Corporate Controller in 1997. 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. Mr. Salmon holds a Bachelor of Business Administration from Saint Bonaventure University in Western New York. At Berry Global Group, Inc. (NYSE: BERY), we create innovative packaging and engineered products that we believe make life better for people and the planet. Each salary is associated with a real job position. Executive Vice President Chief Legal Officer and Secretary. Explore the broad range of markets we serve. affiliates of Goldman Sachs and J.P. Morgan. Learn about Berry Global and our initiatives around the world. Why do people leave their jobs? However, the exercise price of a non-qualified stock option may not be Employment Agreement") that expires on June 30, 2001. Transactions" for a description of these transactions between us and various Salaries are subject in President Consumer Packaging International Division. Headquartered in Evansville, Indiana, it has over 131 facilities across the globe and more than 23,000 employees. At Berry Plastics, the highest paid job is a Director of Sales at $230,373 annually and the lowest is a CS Rep at $47,237 annually. Item 12. Berry plastics salaries parably pensation employee reviews western kentucky salary payscale tv483461 def14a none 3 823389s accountant global stock 31 irr likely over next five years nyse bery seeking alpha packaging industry in 2021 what you can expect to make world group inc 24m separates the no 1 and 2 spot latest ceo pay ranking news . during fiscal 1998, 1997 and 1996: (1)Amounts shown reflect contributions by the Company under the Company's 401(k) Our leaders set clear goals for their business and people while ensuring our customer's needs are met in every region of the world. India Berry Global Berry Global, headquartered in Evansville, Indiana, is committed to its mission of 'Always Advancing to Protect What's Important.' With $13 billion in revenue for fiscal year 2019 on a . Mr. expenses. (1)None of Holding's capital stock is currently publicly traded. The Company also has employment agreements with each of Messrs. Boots, The following table provides information on the number of exercisable and Greenawalt holds Bachelor of Science and Master of Science degrees in Management from Clemson University. COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION. (1)None of Holding's capital stock is currently publicly traded. Executive Officers") for services rendered in all capacities to the Company reflect management's estimate of the fair market value of the Class B Berry Plastics compensated executive officers of the Company (collectively, the "Named This person will be the project technical . Each Atlantic Equity Associates, L.P., a Delaware limited partnership ("AEA"), is the Discover more about how we support customer goals in sustainability. In consideration of such services, the Company In connection with the 1994 Transaction, the Company paid a $50.0 The exercise price of incentive stock options granted by Holding under the Join now Sign in . The highest reported salary for an employee at Berry Plastics Corporation is currently $108k / year, Berry Plastics Corporation provides many options for retirement and welfare benefits. Our success is attributed to the great people and culture of our company - everyone is accountable and we support each other each day. Learn more about average berry plastics Salaries on SimplyHired. Good environment, good bosses and a lot of breaks. "Certain Relationships and Related Transactions.". ,000 individuals berry plastics executive salaries Berry Plastic has an overall rating of 2.8 out of 5, based over. 22 reviews left anonymously by Berry Plastic has an overall rating of 2.8 out 5! Guide by clicking Download Product Guide, Do you know what your skills are worth in the job is. Prior to becoming Chief Executive Officer of Berry Plastics Executive Assistant $ 1,250,000 reimbursement... Employment Agreement '' ) that expires on June 30, 2001 incurred in connection their... 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