Subscribe to our free, weekly email newsletter!


Sealed Air announces CEO retirement in 2013 and succession plan

Former CEO of Dow Advanced Materials to take the helm in March, 2013.
By Modern Materials Handling Staff
September 06, 2012

Sealed Air Corporation announced that chief executive officer William V. Hickey has advised its Board of his intention to retire in March 2013. In connection with the transition, the board of directors has elected him chair of the board effective September 1, 2012. Mr. Hickey will continue to serve as chief executive officer of the company but will no longer hold the title of president.

The Board simultaneously elected Jerome A. Peribere president and chief operating officer of Sealed Air and appointed him as a director of the company effective September 1, 2012. As president and chief operating officer, Mr. Peribere will report to Mr. Hickey and be responsible for the company’s operating businesses, supply chain network and new technology development.

William J. Marino, lead director of Sealed Air, stated, “This is the next step in a succession planning process which has been underway for some time.” In March 2013, upon Mr. Hickey’s retirement, Mr. Peribere will assume the chief executive officer position, and Mr. Hickey will step down as chair of the board but will continue to serve as a director of the company.

Jerome Peribere, age 58, is a 35-year veteran of The Dow Chemical Company and has worked throughout the world in a variety of leadership roles. He was most recently president and chief executive officer of Dow Advanced Materials, a $12 billion revenue unit of Dow serving customers in more than 130 countries.  In this role, Mr. Peribere led the integration of the Rohm and Haas acquisition and delivered significant growth and cost synergies. Previously, Mr. Peribere spent most of his career in Dow AgroSciences.

Mr. Marino said, “We are extremely pleased that Jerome Peribere is joining Sealed Air. His extraordinary record of leadership at Dow, his extensive global experience and his success in acquisition integration will insure continued positive momentum for Sealed Air. In addition to driving results, he has the same passion for customers and their needs that has contributed to Sealed Air’s success over the years.”

Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

In-plant trailers represent a tried and true method of moving materials through plants safely and efficiently. While trailers look alike at first glance, there are some significant differences that greatly affect performance and cost. The wise purchaser will study the differences and select the system that makes the best sense for the specific application. This complimentary white paper addresses the most important design factors to consider when specifying in-plant trailers.

Very often companies debate needing a new WMS or just muddling through while constantly adding to the List. The List is that set of notes that operations people wish their WMS could do. Every operation has their unique items, things their business requires that their WMS system doesn't do, or does poorly. This white paper reviews how to extend a WMS to allow the List to become a thing of the past.

MHI and our industry are in transition as materials handling’s profile is raised in the supply chain. The challenge is learning to speak the language of supply chain managers.

The acquisition of QuantiSense will extend Epicor's position as a leading provider of extended omni-channel solutions for midsize and large retail chains.

Partnership creates integral cleaning and sanitation program for reusable plastic containers.

Article Topics

News · Packaging · Business · Sealed Air · All topics

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA