Graphic Packaging names interim CFO following executive resignation
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.1%
Revenue Growth %: -0.9%
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Graphic Packaging Holding Company (NYSE: GPK) announced that Executive Vice President and Chief Financial Officer Stephen R. Scherger resigned on October 6, with his departure effective November 7 to complete third quarter reporting and facilitate transition.
The company appointed Charles D. Lischer as Senior Vice President and Interim Chief Financial Officer, effective November 7. Lischer, 56, currently serves as the company's Senior Vice President and Chief Accounting Officer, a position he has held since November 2019.
Prior to joining Graphic Packaging, Lischer worked as Senior Vice President, Finance and Chief Accounting Officer at Teradata Corporation from March 2015 to September 2019. He previously held various finance and accounting positions at The Coca-Cola Company and affiliated companies from June 2005 to February 2015.
The company stated that Lischer has no relationships requiring disclosure under Securities and Exchange Commission regulations and is not party to any transactions requiring regulatory disclosure.
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