EVANSVILLE, Ind.--(BUSINESS WIRE)--Jan. 2, 2013--
Today, Berry Plastics Group, Inc. (NYSE: BERY), announced the
appointment of Carl J. (Rick) Rickertsen to its Board of Directors.
Rickertsen is a managing partner of Pine Creek Partners, a private
equity investment firm based in Washington, D.C.
Rickertsen has worked in private equity since 1987. Prior to founding
Pine Creek Partners, he was chief operating officer and partner of
Thayer Capital Partners, a Washington, D.C.-based private equity
investment firm. Rickertsen was a founding partner of three Thayer
investment funds totaling over $1.4 billion and is a published author.
"I am very proud to join the board of this exciting company,” said
Rickertsen. “Not only is Berry Plastics a leading global manufacturer
and marketer of packaging products today, there is also much growth
ahead for the Company as it continues to research, develop, and bring to
market new and innovative customer solutions."
Rickertsen has been a member of the board of directors of MicroStrategy
(NASDAQ: MSTR), since October 2002. He joined the Apollo Senior Credit
Fund (NYSE: AFT) board in 2011 and the board of Noranda (NYSE: NOR) in
2012. Rickertsen was formerly a board member of publicly-traded
companies Convera Corporation, a search-engine software company, UAP
Holding Corp., a distributor of agriculture products, and Homeland
Security Capital Corporation, a specialized technology provider to
government and commercial customers.
"We are pleased to have Rick join Berry Plastics’ Board of Directors and
serve on our Board’s Audit Committee," said Jon Rich, Chairman and CEO
of Berry Plastics. “Rick brings with him a wealth of knowledge gained
from his 25 years in the private equity sector and in his capacity of
serving on boards of publicly traded companies. His knowledge,
experience, and insight will be beneficial to Berry as we pursue our
deleveraging and strategic growth initiatives.”
Rickertsen graduated with distinction from Stanford University and
Harvard Graduate School of Business, obtaining a BS in Industrial
Engineering from Stanford and MBA from Harvard.
About Berry Plastics
Berry Plastics Group, Inc. is a leading provider of value-added plastic
consumer packaging and engineered materials delivering high-quality
customized solutions to our customers with annual net sales of $4.8
billion in fiscal 2012. With world headquarters in Evansville, Indiana,
the Company’s common stock is listed on the New York Stock Exchange
under the ticker symbol BERY. For additional information, visit the
Company’s website at www.berryplastics.com.
Source: Berry Plastics Group, Inc.
Berry Plastics Group, Inc.
Dustin Stilwell, 812-306-2964