Leadership Shift at Graphic Packaging Amid Financial Headwinds

Graphic Packaging Holding Company has announced a significant change in its financial leadership, with Charles D. Lischer stepping into the interim Chief Financial Officer position effective November 7. This transition follows the departure of Stephen R. Scherger, who resigned from his roles as Executive Vice President and CFO.

The management reshuffle occurs against a backdrop of challenging quarterly results. For the third quarter, Graphic Packaging reported net earnings of $142 million, equating to $0.48 per share. This represents a decline from the $165 million, or $0.55 per share, recorded during the same period last year.

Key financial metrics from the quarterly report include:
– Adjusted earnings per share: $0.58 (compared to $0.64 in Q3 2024)
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