DELAWARE, Ohio - Greif, Inc. (NYSE: NYSE:GEF, GEF.B), a global industrial packaging products and services provider, announced the appointment of Jillian Evanko as a member of its Board of Directors today. Evanko currently serves as President and CEO of Chart Industries , Inc. (NYSE: NYSE:GTLS), bringing over 25 years of experience in the manufacturing and industrial sectors to Greif's board.
Bruce Edwards, Chairman of the Greif Board of Directors, expressed enthusiasm for Evanko's addition, citing her extensive background and record of fostering growth and profitability as assets that will contribute to Greif's strategic objectives and shareholder value.
Evanko's career includes executive roles at Dover Corporation (NYSE:DOV) and its subsidiaries, as well as positions at Arthur Andersen LLP, Honeywell (NASDAQ:HON) Corporation, and Sony (NYSE:SONY) Corporation. She holds an MBA from The University of Notre Dame and a Bachelor of Science in Business Administration from La Salle University. Evanko's leadership has been recognized with several awards, including the 2023 EY Entrepreneur of the Year Southeastern Finalist and the World LNG Executive of the Year 2020.
In her statement, Evanko expressed her honor in joining the board and her anticipation to support Greif's commitment to innovation, customer service, and strategic goals.
Greif, with a workforce exceeding 14,000 across 248 facilities in 37 countries, specializes in a variety of packaging solutions including steel, plastic, and fiber drums, intermediate bulk containers, and containerboard, among others. The company also manages timber properties in the southeastern United States and offers a range of services to diverse industries.
InvestingPro Insights
As Greif, Inc. (NYSE: GEF, GEF.B) welcomes Jillian Evanko to its Board of Directors, the company's financial health and strategic moves are of particular interest to investors. According to InvestingPro data, Greif has a market capitalization of $3.04 billion and a P/E ratio that stands at a competitive 9.13, reflecting a valuation that may be appealing to value-oriented investors. The P/E ratio has seen a slight adjustment in the last twelve months as of Q1 2024, coming down to 8.27, which might indicate the company's earnings are growing faster than its stock price.
On the operational front, Greif's gross profit margin for the same period was solid at 21.66%, showcasing the company's ability to maintain profitability in its operations. This is further supported by an operating income margin of 11.02%, indicating efficient management of its business activities.
InvestingPro Tips reveal that Greif has been proactive in rewarding shareholders, having raised its dividend for 3 consecutive years and maintaining dividend payments for an impressive 52 consecutive years. Additionally, management has demonstrated confidence in the company's value by aggressively buying back shares. Investors looking for stable dividend-paying stocks may find these aspects of Greif's financial management particularly reassuring.
For those considering adding Greif to their investment portfolio, there are additional InvestingPro Tips available, which can be accessed at https://www.investing.com/pro/GEF. These tips provide deeper insights into the company's performance and future outlook. To further enhance your investment research, use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription at InvestingPro, where you can find a total of 9 tips related to Greif.
Greif's commitment to innovation and customer service, coupled with strategic leadership appointments, positions the company to potentially capitalize on market opportunities. With Jillian Evanko's track record of fostering growth and profitability, investors will be watching closely to see how her expertise influences Greif's future direction.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.