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Anchor Glass: resignation of CEO

Anchor Glass Container Corporation, a leading manufacturer of glass containers, announced in the second week of September 2006 that its CEO, Mark S. Burgess had resigned.
In making the announcement, …

Anchor Glass Container Corporation, a leading manufacturer of glass containers, announced in the second week of September 2006 that its CEO, Mark S. Burgess had resigned. In making the announcement, Burgess said, “I have enjoyed my time at Anchor, and am proud that I could participate in the company“s turnaround efforts during the last year. With the company now on firm financial footing with a promising future, it is time for me to spend more time with my family and explore other opportunities.” Jim Continenza, director and former Chairman of Anchor“s Compensation Committee has assumed the role of CEO. Continenza previously has served as CEO of Telligent, Inc. and most recently has served on the board of directors for Rural Cellular Corp., Inc., Maxim Crane Works, Inc., and USA Mobility, Inc. He also served as a director for Microcell Telecommunications, Inc. of Canada, which was acquired by Rogers Wireless, Inc. Anchor“s Board Chairman Eugene Davis said, “We thank Mark for his contributions in leading the company through the bankruptcy process and his efforts in helping the company return to profitable operations. We wish him well in his future endeavours.” Anchor Glass Container Corporation is a leading manufacturer of glass containers with 8 manufacturing facilities in North America and over 2,900 employees. Anchor Glass produces a diverse line of flint, amber, green, and other colored glass containers of various types and designs for the beer, food, beverage, and liquor markets.

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