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Crown Holdings Appoints 3 to Board Of Directors

They are Richard H. Fearon, Stephen J. Hagge and B. Craig Owens.

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By: Anthony Locicero

Copy editor, New York Post

Crown Holdings, Inc. announced the appointment of three new independent directors to the Company’s Board of Directors: Richard H. Fearon, Stephen J. Hagge and B. Craig Owens.

“We are proud to welcome Rick, Steve and Craig to the Board,” said John W. Conway, chairman of the Company’s Board of Directors. “Their impressive mix of skills, expertise and industry-relevant experience will make them excellent additions to Crown’s Board. We are confident they will make valuable contributions to our ongoing review of the company’s portfolio and capital allocation priorities along with the execution of our strategic plan to drive shareholder value.”

The three new independent directors were appointed as part of the company’s ongoing Board refreshment process. With these appointments, the company’s Board has been expanded from 11 to 14 directors, 13 of whom are independent.

William G. Little and Hans J. Löliger will not stand for re-election to the Board at the company’s 2020 annual meeting as a result of having reached the mandatory retirement age for directors of the company.

Fearon is the vice chairman and chief financial and planning officer for Eaton Corporation Plc, a power management company with manufacturing facilities globally. He has served in this role for 17 years.

Before his role at Eaton, he served in development and strategic planning management positions at several companies, including as senior VP of Corporate Development at Transamerica Corporation and director of Strategic Planning at The Walt Disney Company.

Hagge is the former president and CEO of AptarGroup, Inc., a global packaging manufacturer of dispensing and closure systems for the fragrance/cosmetic, personal care, pharmaceutical, household and food/beverage markets.

Throughout his 35-year career at AptarGroup, he also served as the company’s CFO, chief operating officer and as a member of its board of directors.

Owens is the former CFO of Campbell Soup Company and Delhaize Group S.A./N.V., an international food retailer and operator of supermarkets, and has held management positions at The Coca-Cola Company.

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