McGrath to Lead Pactiv Foodservice/Food
November 16, 2010 06:09 PM Eastern Time
LAKE FOREST, Ill.--(EON: Enhanced Online News)--Pactiv Foodservice/Food Packaging Group, a wholly
owned unit of Reynolds Group Holdings today announced the appointment of John T. McGrath to Chief Executive
Officer, Pactiv Foodservice/Food Packaging, effective immediately. The 51 year-old McGrath will lead the $2.5
billion unit which includes Pactiv’s Foodservice/Food Packaging business combined with the Reynolds Foodservice
business. Pactiv Corporation was acquired by Reynolds Group Holdings Limited on November 16, 2010 and is a
wholly owned subsidiary of New Zealand-based Rank Group Limited, which is owned by Graeme Hart.
McGrath will succeed Pete Lazaredes in leading the business unit, who has announced his intention to retire.
McGrath was formerly Vice President, Sales and Marketing for Pactiv’s Foodservice/Food Packaging unit. He will
report to Richard Wambold, CEO of Reynolds/Pactiv Foodservice and Consumer Products businesses.
“John has over 25 years of experience in the foodservice business including leading marketing and sales and various
operating aspects of the business,” said Richard Wambold. “He brings both strong customer relationships and a
broad understanding of all operating aspects of the foodservice business. He is the right person to lead Pactiv’s now
larger Foodservice/Food Packaging business. I also wish to acknowledge the very significant contributions of Pete
Lazaredes who has done a great job in leading this business since 2001,” added Wambold.
Prior to his role as Vice President of Sales and Marketing for Pactiv’s Foodservice/Food Packaging, McGrath had
been General Manager of Pactiv’s Processor Business and before that held various roles including Vice President,
Logistics. He holds an MBA from Northwestern University’s Kellogg School of Management and received his
bachelor’s degree in engineering from The United States Military Academy at West Point. He and his wife have
three children and are residents of Libertyville, Illinois.
Pactiv’s Foodservice/Food Packaging serves the foodservice, supermarket, restaurant and food packaging markets.
These products are sold through a wide range of channels including wholesalers, supermarkets, take-out food
restaurants, caterers and packer processors. For more information about Pactiv Foodservice/Food Packaging
products, visit www.pactiv.com.
Media Relations Contact:
Matt Gonring, 847-482-2407