EXHIBIT 99 - OTHER DOCUMENTS TO SECURITY HOLDERS
Published on May 4, 1995
Ball Corporation
Current Report on Form 8-K
Dated May 4, 1995
Exhibit EX-99
Following is the text of a press release disseminated by the registrant on April
26, 1995:
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BALL CORPORATION NAMES GEORGE A. SISSEL
PRESIDENT AND CHIEF EXECUTIVE OFFICER
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MUNCIE, Ind., April 26, 1995-- The Board of Directors of Ball
Corporation [NYSE:BLL] today elected George A. Sissel, 58, as the company's
president and chief executive officer. Sissel has been acting president and
CEO since May 1994.
"Mr. Sissel has done an outstanding job as acting president and CEO over
the last 11 months and throughout his distinguished career with Ball
Corporation," said Alvin Owsley, chairman of the board. "The board conducted a
very thorough search over a long period. We are confident we have found the
right person for the job in George."
Sissel was senior vice president, corporate affairs, as well as
corporate secretary and general counsel in addition to being acting president
and CEO. He joined Ball as group counsel in Boulder, Colo., in 1970 and became
associate general counsel in Muncie in 1972. He was elected vice president and
general counsel in 1981 and senior vice president in 1987. He has been
corporate secretary since 1979.
"George took over as acting president and CEO after the company's
disappointing performance in 1993 and proceeded to turn things around in
1994," Owsley said. "It is clear he has the support and respect of people
throughout the corporation and elsewhere."
Sissel was elected by the board at its meeting which followed Ball's
annual meeting of shareholders, at which the company reviewed record 1994
performance in terms of sales, earnings, earnings per common share and sales
per employee. The company also reported that first quarter 1995 earnings of
$18.8 million were up 93 percent over the previous year's first quarter.
Sissel holds a B.S. degree in electrical engineering from the University
of Colorado and a Juris Doctor (cum laude) degree from the University of
Minnesota. He completed the Program for Senior Executives at the MIT Sloan
School of Management, where he was class chairman.
Ball Corporation manufacturers containers for the beverage and food
industries and provides aerospace systems and professional services to
government and commercial customers. The company reported 1994 sales of $2.6
billion.
8/95 Media Contact: Harold Sohn at 317/747-6483, nights at 317/573-8279, or
Scott McCarty at 317/747-6175, nights at 317/284-7606
Investor Relations: Brad Wilks, 317/747-6165, nights at 317/282-6198