Libbey has recently elected William A. Foley as its new Chairman and CEO, effective immediately.
Stephanie A. Streeter, Libbey’s CEO since August 2011, has resigned from the company to pursue other opportunities. John C. Orr, a director of Libbey since 2008 and former CEO of Myers Industries, Inc., has been named lead director.
Foley has more than over 30 years of experience in the glass tableware and consumer products markets. His track record includes success in building high-growth businesses as a chief executive officer of both public and private companies as well as 14 years in various positions at Anchor Hocking Corp., including vice president of sales and marketing of the Consumer and Industrial Products Group.
Foley has served as Libbey’s Independent Chairman of the Board since and has been a director of the company since 1994
He said “We have a highly talented management team in place at Libbey, and I am looking forward to working with the team as we continue to lead the company through its Own The Moment strategy.”