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Last $37.32 USD
Change Today +0.37 / 1.00%
Volume 54.2K
LBY On Other Exchanges
As of 4:15 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

libbey inc (LBY) Key Developments

Libbey Inc. Declares Quarterly Cash Dividend, Payable on August 25, 2015

Libbey Inc. announced that its Board of Directors declared the company's quarterly cash dividend of $0.11 cents per share. The dividend will be paid on August 25, 2015, to shareholders of record as of August 11, 2015.

Libbey Inc. Announces Executive Appointments

Libbey Inc. announced the addition of several new hires to its senior leadership team. The announcement follows the company's April 30, 2015, disclosure of a planned staffing realignment designed to add talent within the organization in critical new functions focused on driving profitable growth. Jim White will be joining Libbey effective July 13, 2015, as chief operating officer and will report to Stephanie Streeter, chief executive officer of Libbey Inc. White has successfully led multiple businesses in different industries, regions and stages of growth. Over the past 10 years while at Ecolab Inc., he led their EMEA and Asia Pacific businesses and, most recently, was executive vice president and president of Latin America. White has nearly 30 years of combined managerial experience in strategy and marketing and has significant experience driving organic, acquisitive, and synergistic growth across complex global markets and supply chains. Three additional hires were made within the Company's U.S. and Canada organization in areas that are focused on growth and innovation, which are cornerstones of the Company's Own the Moment strategic plan. Christine Perryjoins Libbey as vice president, Commercial, U.S. and Canada, and will oversee all commercial functions within that region. She was previously vice president, Sales Excellence at W.W. Grainger and has extensive experience building strong teams, improving sales planning and capabilities, and driving marketing innovation. Toby Campbell has been hired as senior director, U.S. and Canada and Global Marketing. She was previously with Unilever as a senior marketing leader and will help drive Libbey's global focus on consumers and innovation. Casey Ingle has been hired as senior director, Global Innovation. He was previously director, Global Marketing Innovation at Owens-Illinois and has more than 10 years of brand marketing and strategy experience. In this role, Casey will work to deepen insights into trends and opportunities to drive revenue and margin growth and build out a global innovation agenda, portfolio, pipeline and valuation processes to support Libbey's growth initiatives. Lastly, Ben Schlater will be joining Libbey effective July 1, 2015, as vice president, treasurer, investor relations and corporate development, and will report to Sherry Buck, chief financial officer of Libbey Inc. Schlater was most recently treasurer and headed corporate development and strategic and financial planning at Veyance Technologies. He has nearly 20 years of corporate finance experience, with an extensive background in treasury, strategic planning, mergers, acquisitions and divestitures and implementing strategic and financial objectives that support growth for multibillion-dollar global organizations.

Libbey Seeks Acquisitions

Libbey Inc. (AMEX:LBY) is seeking acquisitions. Sherry Buck, Chief Financial Officer, said, "We will invest in the business through both CapEx and the P&L to support organic growth opportunities, new technologies, prudent acquisitions, and other strategic initiatives that enables delivering on our Own the Moment strategy."

Libbey Inc. Presents at Barclays High Yield Bond and Syndicated Loan Conference, Jun-11-2015 02:05 PM

Libbey Inc. Presents at Barclays High Yield Bond and Syndicated Loan Conference, Jun-11-2015 02:05 PM. Venue: The Broadmoor Hotel, 1 Lake Avenue, Colorado Springs, Colorado, United States. Speakers: Sherry L. Buck, Chief Financial Officer, Vice President and Member of Proxy Committee.

Libbey Inc. Presents at Citi 2015 Global Consumer Conference, May-27-2015 09:50 AM

Libbey Inc. Presents at Citi 2015 Global Consumer Conference, May-27-2015 09:50 AM. Venue: The Plaza, a Fairmont Managed Hotel, Fifth Avenue at Central Park South, New York, NY 10019, United States. Speakers: Stephanie A. Streeter, Chief Executive Officer and Director.


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Price/Earnings 71.3x
Price/Sales 0.9x
Price/Book 12.1x
Price/Cash Flow 69.6x
TEV/Sales 0.4x

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