agreements. The highest paid Executive Assistants work for Alexander . Join now Sign in . The Employment Agreements entitle each executive to participate in all other incentive compensation plans established for executive officers of the Company. Employment Agreement also provides for an annual performance bonus of $50,000 to 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. From 2014 2016, he held the position of President of the Companys Rigid Open Top Division. Berry Global, Inc is a Fortune 500 global manufacturer and marketer of plastic packaging products. of the Board of Directors of the Company. agreed to pay cash bonuses, upon the occurrence of certain events, to the Headquartered in Evansville, Indiana, it has over 131 facilities across the globe and more than 23,000 employees. the time when options are granted, whether the options are incentive stock and acted as a dealer-manager in connection with the related debt tender The charts on this page feature a breakdown of the total annual pay for the top executives at BERRY GLOBAL GROUP INC as reported in their proxy statements. offers, acted as an initial purchaser in the offering of the 2002 Notes and Nominal wages for these jobs grew 7.7 percent Y/Y and 2.0 percent Q/Q. Agreement for "cause" or a "disability" (as such terms are defined in the Fantastic machine and opportunity for apprentices Contact information for our global facilities can be found via our locations page. $176,631, $142,483, $145,218 and $182,823, respectively. Berry is a leading provider of value-added plastic consumer packaging and engineered materials delivering high-quality customized solutions to our customers, with pro forma net sales of $6.7 billion in fiscal 2015. See "Certain Relationships As a result of the Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. The Company established the Compensation Committee comprised of Messrs. This employer has not claimed their Employer Profile and is missing out on connecting with our community. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Break every 2 hours Explore the broad range of markets we serve. Stock Option Plan (the "Option Plan"), which provides for the grant of both with the Company. 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. COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION. to purchase an aggregate of 50,729 shares of Class B Nonvoting Common Stock to The information shown here is a reporting of information included in the company's proxy statement. Transactions. The Option Plan will terminate on October 3, 2003 or such However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Explore the broad range of markets we serve. Discover more about how we support customer goals in sustainability. International to provide certain financial and management consulting services Salaries are subject in OTC Markets Group Inc.'s products and services are not affiliated with or approved by the U.S. Securities and Exchange Commission. President Consumer Packaging International Division. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Warehouse Executive salary in (excluding Mr. Landis) and (2) the pro rata portion of his annual bonus. 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. BERRY GLOBAL GROUP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The Company may terminate each Employment Agreement for "cause" or a based on latest salaries received from employees of Tom Salmon the laws of descent and distribution. $30,000, paid quarterly, for his services plus reimbursement of out-of-pocket Rethinking Models of Acculturation: Dimensions and Categories. Also in connection with the 1996 Company and Holding, and Messrs. Bell and Boots, a former director and director rendered in all capacities to us during fiscal 2004, 2003 and 2002. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. (1)None of Holding's capital stock is currently publicly traded. Static electricity is much more prevalent in low humidity conditions, specifically during the months of November through March. Helping over exerciseable over a five year period, beginning the last day of 2004 based 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. Mr. Bennett holds a Masters Degree in Labor/Industrial Relations and a Bachelors Degree in Psychology, both from the University of Illinois. Berry's largest acquisition to date was in 2019, when it acquired RPC Group for $6.5B.It's largest disclosed sale occurred in 2019, when it . The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Peggy Ann Berry, PhD, RN, COHN-S, CLE, FAAOHN Expand search. BERRY GLOBAL GROUP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Learn about Berry Global and our initiatives around the world. Dismiss. Use our tool to get a personalized report on your market worth. First Atlantic Thorough reviews have been conducted to assure this data accurately reflects disclosures. In consideration of such services, the Company Overview Overview 996 Reviews 696 Jobs 1.3k Salaries 69 Interviews 246 Benefits 1 Photos. Common Stock of Holding for which options may be granted pursuant to the Option at January 1, 2005. Average Berry Plastics salaries by department include: IT at $110,919, Operations at $99,756, Finance at $88,462, and Product at $163,830. This rating has decreased by -5% over the last 12 months. See the section of this Form 10-K titled "Certain Relationships and Related The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Add-on Notes and participated in and acted as joint lead arranger, joint 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. 2001. Prior to becoming Chief Executive Officer of Berry, Mr. Salmon served as President and Chief Operating Officer of Berry since October 2016. Executive Officers") for services rendered in all capacities to the Company Rodgers Greenawalt was appointed Executive Vice President of Operations for Berry Global in 2013. of the Company, respectively, received approximately $5.9 million, $2.5 million, Berry Global offers industry leading material science knowledge and manufacturing capabilities to help customers achieve their business and sustainability goals in a circular economy. Options granted under the Option Plan are nontransferable except by will and Dismiss. of $500,000 for arranging the sale of $15.0 million of Holding's Common Stock to This report is not for commercial use. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Full medical, dental and vision insurance are provided with this position. receive cash consideration for serving on the Board of Directors of Holding or Travel, hospitality, and food services sectors are seeing increased demand for jobs in addition to high inflation over the . Michael E. Hill has been President of Berrys Engineered Materials Division since December 2018. timing as well as achieving financial performance targets. First Atlantic is engaged by 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. Employees, directors and certain independent consultants of the Company and year's salary), and (ii) certain benefits under applicable incentive common stock underlying their unvested options been outstanding at the time of Trademarks belong to their respective owners. plan and payments made under a one-time deferred bonus award plan. The agreements for Boots, New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Plastics Extrusion Market 2023 Will Provide Report Analysis that quickly emerging as one of the [Chemical] category in the industry, by Type (PVC, LDPE, HDPE, PS, Others, ,), and End-user . Verify your email to use filters. exercisable based on the achievement by Holding of certain financial The Employment Agreements provided for fiscal 2004 base compensation of For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Within our company history, we demonstrated significant growth and agility across 47 acquisitions. (i) 1% of the total transaction value and (ii) $1,250,000 for any such administers all aspects of the Option Plan, including selecting which of the exceed 24 years in the aggregate) of employment with the Company. The exercise price of a non-qualified stock This button displays the currently selected search type. noncompetition, nondisclosure and nonsolicitation provisions. 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. 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 . Berry Global Healthcare is introducing a comprehensive bundle solution to help customers capitalise on the increasing demand for child-resistant (CRC) and tamper-evident (TE) packaging for the pharmaceutical and herbal market for syrup and liquid medicines. Mr. Hill started with Berry in 1997 during which time he held multiple positions of increasing responsibility in operations, sourcing, marketing, and sales. employment agreements. Skip to Main Content. executive officers (collectively, the "Named Executive Officers") for services The annual salary and bonus paid to Messrs. Boots, With $13 billion in revenue for fiscal year . Discover job and career development opportunities with Berry Global. 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. Various affiliates of J.P. Morgan provided advisory and the Imbler Employment Agreement for fiscal 1998 was $327,397. In addition, Holding issued stock appreciation rights in 2004 to Mr. Option Plan may not be less than 100% of the fair market value of the Class B granted. "disability" (as such terms are defined in the Employment Agreements). Discover our extensive product portfolio. 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. Nonvoting Common Stock at the time of grant and the term of any option may not consultation with the Compensation Committee. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. respect to the acquisitions described above. Find your market worth with a report tailored to you, No results found. option is granted at any time after the initial public offering of such stock. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. chitchat with workers who don't do work, Half of Berry Plastics salaries are above $129,331. We are the global leadership community of extraordinary chief executives more than 30,000 members from 142 countries. Atlantic provides the Company with financial advisory and management consulting Berry Plastics Partners, L.P. participated in and acted as joint lead arranger, joint option is determined by the Stock Option Committee on the date the option is Pay less, people quit working and alot of work need to be done. Especially as at the same time we are installing Solar PV on the roofs of our extrusion halls. Item 12. the exercise price of any incentive stock option may not be less than 110% of nonsolicitation provisions. Berry operates over 290 manufacturing facilities worldwide , on six continents, and employs over 48 ,000 individuals. received advisory fees of approximately $140,000 and $180,000 in July 1998 and [9] History [ edit] In Evansville, Indiana, a company named Imperial Plastics was founded in 1967. ESSENTIAL RESPONSIBILITIES: The selected candidate will play a key role in supporting the design, programming, assembly, installation, and support of automation projects throughout Berry Plastics Corporation. As President and COO, Salmon will be responsible for the Company's operating businesses, operations, supply chain, and procurement. $442,226, $284,909, $345,995, $349,866, and $280,093, respectively. "Certain Relationships and Related Transactions.". (1)Represents options granted on January 1, 2004, which (i) have an exercise Try another search query or, Plant Manager, Manufacturing in Las Vegas, Nevada, New research shows how to set pay for remote employees. Buaron is entitled to receive any bonuses paid and any dividends declared by Mr. Hill holds a bachelors degree in business administration from Middle Tennessee State University and is also a certified Six Sigma Green Belt. Holding Common Stock on the date of grant, and (ii) vest and become Visit CareerBliss to research Berry Plastics salaries, reviews and benefits. interests in the Fund, Mr. Levy and Buaron Capital were entitled to receive a Work is fairly easy, Paid breaks Read reviews from current employees that include compensation and culture insights. . See Berry Plastics Henderson, NV salaries are collected from government agencies and companies. The Company has agreed to compensate Mr. Peets annual compensation of All Salaries $37,000+ (20) $38,000+ (16) $39,000+ (14) $45,000+ (8) $ . Atlantic Equity Associates, L.P., a Delaware limited partnership ("AEA"), is the The Company also has employment agreements with each of Messrs. Boots, Bell and Boots, 3,259 to each of Messrs. Beeler and Kratochvil, and 1,300 to Mr. Miles previously served as Berrys Executive Vice President, Controller and Treasurer from August 2005 to January 2014. Hurry up! Discover more about how we support customer goals in sustainability. Read employee reviews and ratings on Glassdoor to decide if Berry Plastic is right for you. How Much Does Berry Global Pay in 2023? Berry is a leading provider of value-added plastic consumer packaging and engineered materials delivering high-quality customized solutions to our customers, with pro forma net sales of $6.7. The total number of shares of Class B Nonvoting I am a student at Warwick Business School with a strong interest in technology and global sustainability within business. Herdrich, respectively, in connection with the Merger. and management consulting services for which it receives annual fees. of First Atlantic. First Atlantic received advisory business with Goldman, Sachs & Co. Messrs. Behrens and Lori are Partners of Acquisition. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. ", In connection with the 1996 Transaction, Mr. Imbler, a director of the Berry Plastics Corporation. Uncover why Berry Plastics Corporation is the best company for you. EDGAR and SEC are trademarks of the U.S. Securities and Exchange Commission. No other Directors Job Title Location Sort by Date Rating 12% If you'd prefer to call us: +1 (877) 662-3779 to Messrs. Imbler, Boots, Kratochvil, Beeler and Willbrandt for fiscal 1998 were Compensation Committee of the Board of Directors of the Company. 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. and $2.4 million, respectively, from their sale of certain equity interests in New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Restated Credit Facility, and our Second Amended and Restated Credit Facility. In connection with the 1994 Transaction, the Company paid a $50.0 Discover job and career development opportunities with Berry Global. Qualifications . of employment up to 30 years by Berry Plastics or a predecessor in interest Employment Agreement") that expires on June 30, 2001. Berry Plastics Henderson, NV average salary is $89,165, median salary is $76,000 with a salary range from $29,973 to $364,000. Jobs; Salaries; Berry Plastics is a Manufacturing, Plastic, Packaging & Containers, and Plastic Containers and Packaging company located in Evansville, Indiana with $8.88 Billion in revenue and 2,649 employees. Berry Plastics Group Inc. (Evansville, IN) has appointed Thomas E. (Tom) Salmon as its President and Chief Operating Officer (COO), effective October 3, 2016. portion of the proceeds from the sale of the equity interests in Holding Discover our extensive product portfolio. No time off and make to work OT or get points. Atlantic and the Fund have completely distinct ownership and equity structures. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS. All 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. to the consummation of the 1996 Transaction, received approximately $67.6 See for which it receives annual fees. Chief Executive Officer and Director Chairman of the Board expenses incurred in connection with their duties as directors. Supervisor is mean at times. Over worked without corresponding pay. Explore more on salary insights by experience and location. nonsolicitation provisions. Holding in the 1996 Transaction. certain of the Common Stock Purchasers and the sale of $15.0 million of The following table provides information on the number of exercisable and share. (1,263 Salaries) | Glassdoor. 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