Greif, an industrial packaging products and service provider, recently announced that David Fischer will step down as the President and Chief Executive Officer of the company effective 31 October 2015.
The company has appointed Pete Watson, the current Chief Operating Officer, to succeed Fischer as President and Chief Executive Officer effective 01 November 2015. Fischer will be part of the team until 31 December 2015 to assist with the transition process.
“I am very proud of the Greif team and all that we have accomplished during my tenure with the company. With the transformation initiative now taking hold and with the team in place, I am bullish on the outlook for achieving the goals we have set forth for 2017. I look forward to working with Pete and the executive team over the next couple of months to ensure continuity in the implementation of the transformation,” said, Fischer.
