IDC Appoints Former SIG Combibloc Executive to its Board of Directors


IDC Appoints Former SIG Combibloc Executive to its Board of Directors

Tom Shaver Joins IDC Team

NEW YORK--(BUSINESS WIRE)-- International Dispensing Corporation (IDC) (IDND), a leading food-and-beverage packaging innovator, announced today that Mr. Tom Shaver has joined its executive management team as a member of its Board of Directors and will help lead the company's marketing and business development activities. The addition of Mr. Shaver, coupled with the Company's newly appointed Industry Advisory Board consisting of William Hickey (CEO of Sealed Air Corporation), Markus Brettschneider (CEO of FrieslandCampina Germany), and Aaron Brody (CEO of Packaging/Brody, Inc.), brings to the Company world class expertise and improved operational efficiency.

A highly accomplished sales and marketing executive and successful entrepreneur, Mr. Shaver spent nearly seven years (2003-2010) at SIG Combibloc, Inc., one of the world's leading system suppliers of aseptic carton packaging and filling machines for beverages and food, with worldwide revenues of $1.9 billion. As Vice President of Marketing for North and Central America, Mr. Shaver developed the strategic roadmap and assisted sales teams in the U.S., Canada, and Mexico to produce record sales for North America. He was directly responsible for all SIG Combibloc global account management sales activities for Coca-Cola and PepsiCo, and executed multi-million dollar equipment and packaging contracts for several key accounts, including Unilever and Campbell's Soup Company. In addition, he was a Board Member of the Carton Council comprised of Tetra Pak, Elopak, Evergreen, and SIG Combibloc.

Prior to working for SIG Combibloc Mr. Shaver held managerial and business development positions at Red Bull Energy Drink, Vitality Foodservice, Dannon Yogurt, and Tone's Spices. Immediately prior to joining IDC, Mr. Shaver was the co-founder and President of BioBev, LLC, where he established a small team of industry experts to develop and market Sunkist Energy and Sunkist Protein under a trademark license agreement from Sunkist Growers, Inc. Mr. Shaver, 45, received a B.A. degree from the University of Florida and an MBA from the University of Tampa.

"We are very pleased that Tom Shaver has agreed to become an integral part of IDC," said Greg Abbott, Founder and CEO of IDC. "Besides his proven capabilities in strategic planning, business development, brand management, key accounts, and negotiations, Tom is a results-driven, collaborative leader who brings enormous creativity, energy, and integrity. He understands multinational companies and has an exceptional base of knowledge and experience combined with a strong entrepreneurial spirit. I am confident that his contribution will be stellar."

Abbott continued, "By leveraging the strengths of Mr. Shaver, the Industry Advisory Board, and our strategic partners, the Company will greatly enhance its exposure to key decision makers around the globe."

"I am thrilled to be involved with IDC at this exciting stage in its history," said Mr. Shaver. "IDC packaging technologies are truly game-changing, and I believe it will not be long before the industry will appreciate the immense amount of groundwork that has been invested to position the company for major success. I look forward to being part of IDC's very bright future."

About International Dispensing Corporation (IDC)

IDC is a packaging research and development company that specializes and manufactures game-changing innovations for the food and beverage industry.

International Dispensing Corporation
Ada Sell, 212-957-9330

KEYWORDS: United States North America New York


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