Pactiv Evergreen

#3446

Rank

$3.27B

Marketcap

United States

Country

Leadership team

Mr. Michael Jack King (Pres, CEO & Director)

Mr. Douglas E. Owenby (Chief Operations Officer)

Mr. Timothy A. Levenda (Pres of Foodservice)

Products/ Services

Food Processing, Manufacturing

Number of Employees

1,000 - 20,000

Headquarters

Lake Forest, Illinois, United States

Established

2020

Company Registration

SEC CIK number: 0001527508

Net Income

500M - 1B

Revenue

Above - 1B

Traded as

PTVE

Social Media

URL

https://www.pactivevergreen.com

Overview

Location

Recognition and Award

References

Summary

Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. The Foodservice segment offers food containers, hot and cold cups, lids, dinnerware, tableware, service ware, and other products. The Food Merchandising segment provides clear rigid-display containers, containers for prepared and ready-to-eat food, trays for meat and poultry, and molded fiber cartons. The Beverage Merchandising segment offers cartons for fresh refrigerated beverage products. This segment also provides integrated fresh carton systems, which include printed cartons with high-impact graphics, spouts, and filling machines, as well as fiber-based liquid packaging board and range of paper-based products. The company serves full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and food processors. The company was formerly known as Reynolds Group Holdings Limited. Pactiv Evergreen Inc. was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited.

History

Pactiv Evergreen was founded in 1935 and has been a leading producer of foodservice and food packaging products for more than 80 years. As a company we strive to produce quality products from safe and sustainable practices and have made our products available worldwide. We have grown through acquisitions and innovative product engineering, and our products are used by thousands of foodservice operations to create fresh and delicious meals every day.

Mission

Exceed customer expectations in terms of service, quality, product development, and innovative technology. Assure continual growth and added value to our shareholders. Maintain a socially and environmentally responsible organization.

Vision

To acquire and retain profitable customers by exceeding their expectations for Quality, Service, and Value

Key Team

Mr. Eric A. Wulf (Pres of Food Merchandising)

Ms. Chandra J. Mitchell (Chief Legal Officer & Corp. Sec.)

Mr. JD Bowlin (Chief People Officer & Communications Officer)

Mr. Jonathan H. Baksht (Chief Financial officer)

Mark Dutt (Sr. VP of Engineering & Technology)

Mike Betz (Chief Information Officer)

Mr. Dhaval Patel (Sr. VP of Investor Relations & Strategy)

Recognition and Awards

Pactiv Evergreen has received numerous awards for a commitment to corporate governance, corporate social responsibility and sustainability, most recently including the 2020 Bloomberg Gender-Equality Index and the 2020 Corporate Equality Index recognition.