UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8–K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report

(Date of earliest event reported)

April 19, 2005

 

OWENS–ILLINOIS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-9576

 

22-2781933

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

 

 

 

 

One SeaGate, Toledo Ohio

 

43666

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code:

(419) 247-5000

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o                 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o                 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o                 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o                 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 5.02                                             Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

 

On and effective as of April 19, 2005, the Company appointed Corbin A. McNeill, Jr. to serve on the Company’s Board of Directors.  Mr. McNeill will serve as Chairman of the Risk Management Committee and will be a member of the Compensation Committee.  A copy of Owens-Illinois, Inc.’s press release announcing the appointment is attached hereto as Exhibit 99.1 and is incorporated herein by reference

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Date:  April 25, 2005

OWENS-ILLINOIS, INC.

 

(Registrant)

 

 

 

 

 

By:

/s/ 

Matthew G. Longthorne

 

Name:

Matthew G. Longthorne

 

Title:

Vice President and Controller

 

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Exhibit Index

 

 

EXHIBIT 99.1

Press Release dated April 22, 2005 of Owens-Illinois, Inc.

 

 

4


EXHIBIT 99.1

 

O-I Appoints Corbin A. McNeill, Jr., to Board of Directors

 

TOLEDO, Ohio, April 22, 2005 — Owens-Illinois, Inc., (NYSE: OI) today announced that Corbin A. McNeill, Jr., has been appointed to serve on the Company’s Board of Directors effective April 19, 2005.  Mr. McNeill will serve as Chairman of the Risk Management Committee and will be a member of the Compensation Committee.

 

Mr. McNeill is the retired chairman and co-CEO of Exelon Corporation, one of the nation’s largest utilities, which was formed in October 2000 with the merger of PECO Energy Company and Unicom Corporation. Prior to the merger, he had served as the chairman, president and CEO of PECO Energy since 1997.  Mr. McNeill joined PECO in 1988 as executive vice president, nuclear. In 1990, he was elected president and chief operating officer and a director of the company.  In 1995, he was elected president and CEO.  Before joining PECO, Mr. McNeill spent 21 years in the U.S. Navy as a nuclear submarine officer.  He was subsequently employed by the New York Power Authority and Public Service Electric and Gas Company prior to joining PECO.

 

Mr. McNeill holds a bachelor of science degree from the U.S. Naval Academy and has completed graduate courses in business at the University of California - Berkeley and Syracuse University.  He is also a graduate of Stanford University’s executive management program.

 

Currently, Mr. McNeill serves as vice chairman of the United States Naval Academy Alumni Association (USNAAA) and on the board of directors of Associated Electric & Gas Insurance Services Limited (AEGIS), Northwestern Corporation, Ontario Power Generation, and Portland General Electric where he serves as chairman of the board.  He is also a former trustee of Drexel University, which awarded him an honorary doctor of science degree; The Valley Forge Military Academy, and former chairman of Leadership Inc.

 

“I am delighted to welcome Corbin to the O-I Board,” said Steve McCracken, O-I chairman and chief executive officer. “Corbin’s business experience and vast background make him a great addition to our team of directors as we seek to transform O-I.”

 

About O-I

Millions of times a day, O-I glass containers, healthcare packaging and specialty closure systems deliver many of the world’s best-known consumer products to people all around the world. With leading positions in Europe, North America, Asia Pacific and South America, O-I provides consumer-preferred products that enable superior taste, purity, visual appeal and value benefits for our customers’ products. Established in 1903, the company employs nearly 30,000 people and has more than 100 manufacturing facilities in 23 countries. In 2004, annual revenues were $6.2 billion. For more information, visit http://www.o-i.com .

 

CONTACT:   O-I, Sara Theis, 419-247-1297

 

Copies of O-I news releases are available at the O-I web site at http://www.o-i.com; or at http://www.prnewswire.com.