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O-I chief steps down; new CEO appointed.

Publication: Knight-Ridder Tribune Business News
Publication Date: 09-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Gary T. Pakulski

Nov. 9--The ailing chief executive of metro Toledo's second largest corporation, Owens-Illinois Inc., is stepping down and being replaced by an O-I board member.

Steven McCracken, the chief executive and chairman who had surgery for stomach cancer in August, will leave his job by the end of November.

Named by the Perrysburg company yesterday as the new CEO and chairman is Albert Stroucken, who had been CEO and chairman of H.B. Fuller Co., a St....

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