Falorni Tech Glass Melting Technology
Filtraglass

Anchor Glass Container: CFO steps down

In about three months, Anchor Glass Container Corp. of Tampa, Florida will be losing its chief financial officer, Bill Lightner, said a company source.
Anchor, which has roughly US$ 508 million in p…

In about three months, Anchor Glass Container Corp. of Tampa, Florida will be losing its chief financial officer, Bill Lightner, said a company source. Anchor, which has roughly US$ 508 million in pension assets, has not yet appointed an interim CFO, and the source was not sure if the company would be searching externally. Anchor Glass has two pension funds, a US$ 408 million defined benefit plan and a US$ 100 million supplemental retirement plan, according to “The 2000 Money Market Directory”. The defined benefit plan“s asset allocation mix is 40% fixed income, 37% equities, 22% mutual funds and 1% venture capital. The supplemental retirement plan“s mix is 79% general insurance accounts, 9% diversified core equities, 8% mutual funds and 4% cash and short-term investments, according to the directory.

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news