Reynolds Consumer Products Inc. (NASDAQ: REYN) recently announced changes to its executive leadership team as part of its strategy to drive revenue growth, market share gains, and margin expansion. Carlen Hooker has been appointed Chief Commercial Officer, and Ryan Clark has been appointed President, Hefty Tableware.
Carlen Hooker, with over 30 years of experience at Fortune 500 companies, will succeed Steve Pace as Chief Commercial Officer effective June 16, 2025. She has a track record of driving growth and building high-performance teams from her previous roles at Church & Dwight, Ferrero U.S.A., and other renowned brands. Ryan Clark, who brings over 25 years of experience in the CPG industry, will succeed Rachel Bishop as President, Hefty Tableware, effective May 20, 2025. His proven approach to executing commercial and operational strategies has delivered enterprise-level results and sustainable growth.
The company aims to drive expansion across its portfolio with Hooker's disciplined revenue growth management and trusted customer relationships, while Clark is expected to lead the tableware business with his significant CPG experience and track record of unlocking growth and expanding margins.
Reynolds Consumer Products Inc. holds the number one or two market positions in the majority of its categories and owns iconic household brands such as Reynolds and Hefty, with a presence in 95% of households across the United States. The company manufactures and sells products for cooking, serving, cleanup, and storage, including Reynolds Wrap® aluminum foil and Hefty® trash bags and disposable tableware, as well as dedicated store brands.
The new executive appointments are aimed at driving long-term value for customers and shareholders, as the company continues to focus on driving growth and expanding margins. The company expressed gratitude to outgoing leaders, Rachel and Steve, for their contributions and wished them well in their future endeavors. As a result of these announcements, the company's shares have moved -1.36% on the market, and are now trading at a price of $23.18. Check out the company's full 8-K submission here.