Glassware supplier Libbey Inc. is on the hunt for a new chief financial officer as the company announced that Sherry Buck, its current vp/CFO, is leaving the company effective December 31.
On an interim basis, Ronni Smith, Libbey’s vp/corporate controller, will assume Buck’s duties. The company has hired executive search firm Crist Kolder Associates to conduct a comprehensive search for Buck’s replacement.
“Sherry has been an instrumental part of Libbey’s executive management team for the past four and a half years, said William Foley, Libbey’s chairman and CEO. “During her tenure, Sherry’s leadership helped transform Libbey’s capital structure by significantly reducing debt and improving the health of our balance sheet. These efforts enabled us to make critical investments in our business that were necessary to compete effectively in a dynamic market environment.”