ELMWOOD PARK, NJ — Sealed Air Corporation has announced that, as a result of its acquisition of Diversey Holdings Inc., it will be reorganizing the business into three units, according to The Record.
Sealed Air also announced that two Diversey executives, Ed Lonergan and Norman Clubb, will be leaving the company, the article stated.
According to the article, Lonergan, Diversey''s chief executivie officer (CEO), will stay with the company for an additional six months to help with the transition, while Clubb will retire by the end of the year.
"We plan to organize Sealed Air into three business units focused on food safety and security, facility hygiene and product protection," said William V. Hickey, Sealed Air''s president and chief executive officer (CEO).
The company is expected to establish the three business units in 2012: Food and beverage, institutional and laundry and protective packaging, the article noted.
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