- BySeeking Alpha-
Pactiv Evergreen (NASDAQ:PTVE) declares $0.10/share quarterly dividend, in line with previous.Forward yield 2.59%Payable June 15; for shareholders of record May 28; ex-div May...
Pactiv Evergreen hasannounced that John McGrath has elected to retire as CEO and has been succeeded by Michael King.Mr
Pactiv Evergreen Inc. is a manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Company's products are made from a range of substrates, including resins, bio-resins, plant and paper-based fiber and aluminum. It operates through three segments: foodservice, food merchandising and beverage merchandising. Foodservices segment manufactures food containers, hot and cold cups, lids, plates, bowls, cutlery and straws, wraps and cafeteria trays. Food merchandising segment manufactures containers for delicatessen, bakery, produces and snack food applications; microwaveable containers for fresh, prepared and ready-to-eat food; and trays for meat, poultry and eggs. The beverage merchandising segment is a manufacturer of fresh cartons for refrigerated beverage products in North America and certain portions of Southeast Asia.