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Just saw that Andres Lopez is stepping down as CEO of O-I Glass after nearly 40 years with the company. Wild that someone can spend that long in one place and climb all the way to the top. He's been running O-I since 2016, so almost a decade at the helm.
The board's already hunting for his replacement through some executive search firm. Lopez agreed to stick around for a smooth handover, which is pretty professional of him. The whole thing wraps up in May 2024, and he's also leaving the board at their annual meeting.
Thing is, 40 years is a long time. Makes you wonder what the industry looks like when someone that experienced finally calls it quits. Curious who they'll bring in to lead O-I next.