Food and CPG Industry Veteran Diane Teer to Lead MWV’s Food Packaging Business

MeadWestvaco Corp. (NYSE: MWV) announced that Ms. Diane Teer has been selected as the new president of the Food packaging business where she will lead profitable growth strategies, including building strong partnerships with food customers and driving innovative "shopper ready” solutions across retail grocery channels. She brings a wealth of experience around launching disruptive new consumer packaged goods products and actively aligning business segments to new and changing company values and growth strategies.

Diane Teer, President of MWV's Food Packaging Business. (Photo: MeadWestvaco Corporation)

Ms. Teer most recently served as president of World Kitchen, LLC, where she led the North America division as well as global innovation for well known brands like Pyrex, Corelle, Corningware and Chicago Cutlery. Prior to World Kitchen, she held leadership positions in Frozen and Culinary Foods at Conagra Foods during her four year tenure. While there, she oversaw leading brands including Banquet, Marie Callender’s and Healthy Choice as part of the $2 billion frozen foods business, and provided strategic oversight for all dedicated functional areas and plants.

Ms. Teer also spent nine years at The Campell Soup Company during which she focused on growing and refreshing brands in the beverage and soup categories. As vice president and general manager of the Beverage division, she led the successful rebranding of V8 and strategically managed a disciplined and effective approach to R&D and product innovation. Ms. Teer’s other roles at The Campell Soup Company included president of the New Growth division, vice president of Red & White Soups, and VP Marketing for the Canadian division. Prior to Campbell Soup Company, she led marketing efforts at The Nabob Coffee Company and the integration of its brands into Kraft’s portfolio following the acquisition by Kraft Canada.

"Diane brings valuable consumer-focused industry and market growth expertise to this role, strengthening MWV's participation in the large and attractive markets for food packaging,” said Bob Feeser, senior vice president. "We are bringing together consumer insights, design, materials science and engineering expertise to bring our customers a more compelling approach to their packaging – one that engages consumers in a powerful way that creates an unparalleled edge for their brands in the marketplace. The addition of Diane to our team is an important step in MWV’s overall growth strategy.”

Ms. Teer earned an Honors Bachelor of Arts degree from the University of Western Ontario and a Master of Business Administration from McMaster University.

About MWV

MeadWestvaco Corporation (NYSE: MWV), provides packaging solutions to many of the world’s most-admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and commercial print industries. The company's businesses also include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company’s land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With about 18,000 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the seventh consecutive year. For more information, please visit www.mwv.com.

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