Howard Yu Succeeds Current Executive Vice President and CFO of Ball Corporation Scott Morrison

Ball Corporation (NYSE: BALL),  the leading provider of innovative, sustainable aluminum packaging solutions, has announced that Scott C. Morrison, aged 61, the current executive vice president and chief financial officer, will be retiring from his role after a distinguished career spanning more than two decades with the company. Howard Yu, aged 51, has been appointed to succeed Morrison as the new executive vice president and CFO, commencing on September 25. To ensure a seamless transition and provide support for the successful completion of the proposed Aerospace transaction, Morrison will continue with the company in the capacity of a senior advisor.

Scott Morrison joined Ball in the year 2000, initially serving as treasurer following a 16-year career in the banking industry. Over the years, he assumed progressively more significant roles within the company, including vice president and treasurer in 2002, followed by roles such as SVP and CFO in 2009, and dual responsibilities, including interim COO for global beverage packaging, in 2014. Ultimately, he ascended to the position of EVP and CFO in 2020.

Daniel W. Fisher, chairman and CEO of Ball, remarked, “As part of Ball’s commitment to long-term strategic succession planning, we are pleased to welcome Howard to Ball, and on behalf of our entire team, we thank Scott for his numerous contributions to our company and congratulate him on his well-deserved retirement. Throughout his tenure, Scott was instrumental in executing our EVA-centric financial and risk management strategies and developing a best-in-class global finance organization, which enabled the company to thrive through various economic cycles over the past two decades. His experience and straightforward approach to engaging with and serving our stakeholders guided our company through multiple successful M&A transactions and periods of unprecedented financial volatility during the great financial crisis and the recent global pandemic. By applying his ownership mindset, disciplined approach to capital allocation, and deep knowledge of our company, he has generated significant value for our shareholders.”

Howard Yu most recently served as the SVP and CFO of Envista, a publicly traded global company that spun off from Danaher. Over his 22-year career at Danaher and Envista, Yu held the position of CFO for various global divisions across Asia, Europe, and Latin America. In these roles, he led successful M&A activities and implemented system transformations across diverse global economic environments, all aimed at creating value for shareholders. Before joining Danaher, Yu worked in the finance sector at Hewlett-Packard and held the position of Senior Auditor at Deloitte & Touche.

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