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Greif Inc. (GEF)

On Feb 9: 48.14 USD   0.00 (0.00%)  
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Greif Inc.
425 Winter Road
Delaware, OH 43015
Phone: 740-549-6000
Fax: 740-549-6100
Web Site: http://www.greif.com

DETAILS
Index Membership: N/A
Sector: Consumer Goods
Industry: Packaging & Containers
Employees (last reported count): 10,300

BUSINESS SUMMARY
Greif, Inc. engages in the manufacture and sale of industrial packaging products, and containerboard and corrugated products worldwide. It operates in three segments: Industrial Packaging and Services; Paper, Packaging, and Services; and Timber. Industrial Packaging and Services segment offers industrial packaging products, such as steel, fiber, and plastic drums; intermediate bulk containers; closure systems for industrial packaging products; and polycarbonate water bottles. This segment sells its products to customers in chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, and pharmaceutical and mineral industries. It also provides blending and packaging services, logistics, and warehousing. Paper, Packaging, and Services segment sells containerboard, corrugated sheets, and other corrugated products and multiwall bags to customers in North America. Its corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, building products, automotive components, books, and furniture; and industrial and consumer multiwall bag products are used to ship industrial and consumer products, such as seeds, fertilizers, chemicals, concrete, flour, sugar, feed, pet foods, popcorn, charcoal and salt, primarily for the agricultural, chemical, building products, and food industries. Timber segment engages in harvesting and regenerating its timber properties in the United States and Canada. As of October 31, 2007, it owned approximately 269,950 acres and 36,650 acres of timber properties in the United States and Canada respectively. Greif was founded in 1877. It was formerly known as Vanderwyst and Greif, and subsequently changed its name to Greif Bros. Company. It later changed the name to The Greif Bros. Cooperage Corporation in 1926 and subsequently to Greif Bros. Corporation. Further, the company changed its name to Greif, Inc. in 2001. Greif is headquartered in Delaware, Ohio.
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    OFFICERS
      Pay Exercised
    Mr. Michael J. Gasser , 56
    Chairman, Chief Exec. Officer, Member of Stock Repurchase Committee and Member of Exec. Committee
    $ 2.68M $ 4.40M
    Mr. David B. Fischer , 45
    Pres and Chief Operating Officer
    N/A N/A
    Mr. Donald S. Huml , 61
    Chief Financial Officer and Exec. VP
    $ 1.29M $ 1.83M
    Mr. Gary R. Martz , 49
    Sr. VP, Sec., Gen. Counsel and Pres of Soterra LLC
    N/A N/A
    Mr. Michael C. Patton , 47
    Head of IP&S - North America, Sr. VP of Transformation Worldwide, Sr. VP Paper Packaging & Services and Divisional Pres
    N/A N/A
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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