Jon Rich, who has helped transform Berry Plastics Group Inc. during his tenure as CEO, is calling it quits. But not completely.
Rich signaled his intention on Sept. 30 to retire in February, but will continue on as executive chairman of the Evansville, Ind.-based company.
While Rich, 61, is making plans to clean out his CEO office, Berry also named Thomas Salmon as president and chief operating officer effective Oct. 3 and talked about succession planning.
“The creation of the president and chief operating officer role is the next step in our ongoing succession process. Tom's background, experience and track record of success leading multiple Berry divisions throughout his career with the company make him eminently qualified to take on this important leadership role,” Rich said in a statement.
The company, however, stopped short of naming Salmon as successor to Rich as CEO.
“Today's announcement of the new COO is the next step in Berry's on-going succession process. Between now and February, the board will make a decision on a new CEO and we will announce it at that time,” Berry Plastics spokeswoman Eva Schmitz said in an email interview.