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  • John W. Conway Succeeds William J. Avery as CEO of Crown Cork & Seal

    Monday, January 8, 2001

    PHILADELPHIA, Jan. 8 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced today that John W. Conway assumed the role of Chief Executive Officer, succeeding William J. Avery. As previously announced on November 14, 2000, the transition was to follow Mr. Avery's retirement from that position on January 5.

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  • Crown Cork & Seal Promotes Kreider to Corporate Vice President, Planning & Development

    Thursday, December 21, 2000

    PHILADELPHIA, Dec. 21 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced today that Torsten J. Kreider, 36, has been promoted to Corporate Vice President, Planning & Development. He continues to report to Timothy J. Donahue, Senior Vice President, Finance.

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  • Crown Cork & Seal To Suspend Quarterly Dividend To Focus On Debt Reduction

    Friday, December 15, 2000

    PHILADELPHIA, Dec. 15 /PRNewswire/ -- Crown Cork & Seal Company, Inc. (NYSE: CCK) (Paris Bourse: CCK) announced that its Board of Directors voted to suspend the Company's quarterly dividend on its common stock. The next scheduled dividend would have been payable in February 2001 to shareholders of record. The Company's quarterly dividend had been set at $0.25 per share, or an aggregate of approximately $126 million on an annualized basis. The Company intends to dedicate the cash which would have been used to pay dividends towards debt reduction.

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