Andrew Teno
On November 20, 2023, Jesse Lynn and Andrew Teno each provided notice of their resignation from the Board of Directors of Crown Holdings, Inc. (the "Company"), effective on such date.
Highest-materiality recent filing
Crown Holdings Q2 adjusted EPS $2.49 beats $2.15; raises FY2026 guidance to $8.30-$8.50
Q2 adjusted diluted EPS $2.49, up 16% YoY from $2.15; GAAP EPS $2.23 vs $1.56.
Crown Holdings Q1 adjusted EPS up 11% to $1.86; global beverage shipments +5%
Adjusted diluted EPS $1.86 (+11% YoY); GAAP diluted EPS $1.56 (down from $1.65 prior year).
Crown Holdings Q4 adjusted EPS $1.74; full year record $7.79; FY2026 guidance $7.90-$8.30
Q4 net sales $3.127B (+8% YoY); adjusted diluted EPS $1.74 (+9% YoY).
Crown Holdings Q3 adj. EPS $2.24, up 13% YoY; raises FY guidance to $7.70-7.80
Diluted EPS $1.85 vs loss $1.47; adjusted EPS $2.24 vs $1.99, 13% increase.
Crown Holdings subsidiary issues €500M 3.750% senior notes due 2031; redeems €500M 2.875% notes
Issuer Crown European Holdings S.A. sells €500M 3.750% senior notes due Sept 30, 2031.
Crown Holdings Q2 adjusted EPS $2.15, up 19% YoY; raises FY2025 guidance to $7.10-$7.50
Revenue $3,149M vs $3,040M; diluted EPS $1.56 vs $1.45; adjusted EPS $2.15 vs $1.81.
Crown Holdings promotes Djalma Novaes to COO; Gary Gavin to lead Americas Division
Djalma Novaes promoted to EVP and COO effective July 1, 2025; will oversee Americas and European Divisions plus Global Sourcing and CMB Engineering.
Crown Holdings to redeem $875M 4.75% notes due 2026, conditional on $700M 5.875% notes
Crown Americas LLC issued conditional notice to redeem all $875M outstanding 4.75% Senior Notes due 2026.
Crown Americas LLC issues $700M of 5.875% senior notes due 2033
Crown Americas LLC issued $700M aggregate principal of 5.875% senior unsecured notes due June 1, 2033.
Crown Holdings Q1 EPS $1.65 (adj $1.67) beats; raises FY2025 guidance to $6.70-$7.10
Q1 diluted EPS $1.65 vs $0.56 prior year; adjusted EPS $1.67, up 64% YoY.
Crown Holdings Q4 adjusted EPS $1.59 beats $1.24 YoY; FY25 guidance $6.60-$7.00
Q4 adjusted diluted EPS $1.59, up 28% YoY; reported EPS $3.02 includes $275M gain on Eviosys sale.
Crown Holdings Q3 adj. EPS $1.99 beats prior year; FY guidance raised to $6.25-$6.35
Q3 net sales $3,074M (flat YoY); global beverage can shipments +5%.
Crown to transfer $740M in US pension obligations to MassMutual; Q3 non-cash charge ~$450M
Agreement to purchase group annuity contract from MassMutual covering approximately 12,000 participants.
Crown Holdings Q2 adjusted EPS $1.81 beats $1.68 YoY; raises FY EPS guidance to $6.00-$6.25
Q2 net sales $3,040M (-2% vs $3,109M); segment income $437M (+5.6% YoY); adjusted EPS $1.81 vs $1.68.
Crown Holdings Q1 net sales $2.78B, adj. EPS $1.02, down from $1.20; FY guidance reaffirmed
Net sales $2,784M vs $2,974M; income from operations $245M vs $269M YoY.
Crown Holdings Q4 net income $32M; adjusted EPS $1.24; FY2024 guidance $5.80-$6.20
Q4 net sales $2,858M (down 5% YoY); segment income $382M (up 31% YoY).
Crown Holdings Q3 adjusted EPS $1.73, up from $1.46; FY23 guidance $6.00-$6.10
Q3 net sales $3,069M (down 5.8% YoY); segment income $430M (up 28% from $336M).
Crown Holdings Q2 adjusted EPS $1.68 vs $2.10; revenue $3.1B; guides FY adjusted EPS $6.10-$6.30
Net sales $3,109M (-11% YoY) on lower material pass-through and volumes; segment income $414M vs $432M.
Crown Holdings Q1 adjusted EPS $1.20 beats $1.00-$1.10 guidance; FY outlook reaffirmed
Q1 net sales $2,974M vs $3,162M YoY; reported diluted EPS $0.85 vs $1.74.
Q4 net sales $3,012M, down from $3,054M; segment income $292M vs $357M.
Crown Holdings appoints two Icahn designees to Board, terminates poison pill
Icahn Enterprises (owns 8.5% of CCK) gets Jesse Lynn and Andrew Teno appointed to Board, effective immediately.
Crown Holdings adopts shareholder rights plan after Carl Icahn accumulates 8.5% stake
Carl Icahn filed Schedule 13D on Nov 3 disclosing ~8.5% beneficial ownership and HSR notice to acquire up to 20% of CCK.
Crown Holdings Q3 adjusted EPS $1.46, cuts FY2022 guidance to $6.60-$6.70 from $8.00-$8.20
Q3 net sales $3,259M (+12% YoY); segment income $336M vs $379M prior year.
Crown Holdings Q2 adjusted EPS $2.10, revenue $3.5B; guides FY adjusted EPS $7.65-$7.85
Q2 reported EPS $2.43 vs $0.95; adjusted EPS $2.10 vs $2.14; revenue $3.51B +23%.
Crown Holdings Q1 adjusted EPS $2.01 beats $1.83; guides FY $8.00-8.20
Net sales $3,162M vs $2,564M (+23%); reported EPS $1.74 vs $1.57.
On November 20, 2023, Jesse Lynn and Andrew Teno each provided notice of their resignation from the Board of Directors of Crown Holdings, Inc. (the "Company"), effective on such date.
On November 20, 2023, Jesse Lynn and Andrew Teno each provided notice of their resignation from the Board of Directors of Crown Holdings, Inc. (the "Company"), effective on such date.
On December 12, 2022, pursuant to the Agreement, the Board appointed each of Andrew Teno and Jesse Lynn to serve as a member of the Board effective immediately.
On December 12, 2022, pursuant to the Agreement, the Board appointed each of Andrew Teno and Jesse Lynn to serve as a member of the Board effective immediately.
On February 24, 2022, Crown Holdings, Inc. (the “ Company ”) announced that Marsha C. Williams was elected to serve on the Board of Directors of the Company (the “ Board ”), effective on March 1, 2022.
On January 18, 2022, Rose Lee, a member of the Board of Directors (the “ Board ”) of Crown Holdings, Inc. (the “ Company ”), notified the Company that she has decided not to stand for re-election at the Company’s 2022 Annual Meeting of Shareholders
On January 7, 2022, Crown Holdings, Inc. (the "Company") entered into an employment agreement with its Senior Vice President and Chief Financial Officer Kevin C. Clothier (the "Employment Agreement") in connection with Mr. Clothier's promotion to Chief Financial Officer of the Company.
the upcoming retirement of Thomas A. Kelly, the Company’s Senior Vice President and Chief Financial Officer, who will retire in January 2022.
Kevin C. Clothier, age 53, the Company’s Vice President & Treasurer, will assume the role of Senior Vice President and Chief Financial Officer, effective January 1, 2022.
Ms. Christy L. Kalaus, age 42, the Company’s Assistant Corporate Controller, was promoted to Vice President and Corporate Controller, effective January 1, 2022.
Mr. David A. Beaver, age 45, the Company’s current Corporate Controller, has been appointed the Company’s new Vice President & Treasurer, effective January 1, 2022.
Max materiality 0.85 · Median 0.57 · Most common event debt