Andres Lopez has been the CEO of O-I Glass, Inc. since 2016, bringing with him decades of experience in the glass container industry. His journey with O-I began way back in 1986, starting in Colombia. Over the years, he climbed...
Andres Lopez has been the CEO of O-I Glass, Inc. since 2016, bringing with him decades of experience in the glass container industry. His journey with O-I began way back in 1986, starting in Colombia. Over the years, he climbed the ranks to hold significant leadership roles across North America and South America, finally taking on the top position. Interesting to note, during his tenure in 2021, he received a total compensation of nearly $10.8 million, mostly driven by performance-based stock awards. In 2023, he saw a dip in his overall pay to about $11.8 million, highlighting how executive compensation can fluctuate based on company performance and benchmarks. Lopez recently announced his retirement, effective May 2024, and there hasn't been any drama around his departure, which suggests a smooth transition is in the cards for O-I Glass. His legacy is tied to O-I’s global operations and pushing for innovation in glass manufacturing.