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8-K - FORM 8-K - MEADWESTVACO Corp | d332428d8k.htm |
EX-99.2 - EXHIBIT 99.2 - MEADWESTVACO Corp | d332428dex992.htm |
Exhibit 99.1
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MeadWestvaco Corporation | |
Global Headquarters | ||
501 South Fifth Street | ||
Richmond, VA 23219-0501 | ||
+1 804.444.7925 T | ||
www.mwv.com |
PRESS RELEASE
Media Contact | Investor Relations | |||
Tucker McNeil tel: +1 804-444-6397 mediainquiries@mwv.com |
Jason Thompson tel: +1 804-444-2556 |
MWV Provides Information Regarding New Financial Reporting Structure for its Packaging Businesses
RICHMOND, Va., April 11, 2012MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions, today provided information reflecting the new financial reporting structure for its packaging businesses. Beginning with the quarter ended March 31, 2012 (results scheduled to be released Wednesday, April 25), the company will report the financial results for its packaging businesses via three new market-focused segments: Food & Beverage; Home, Health & Beauty; and Industrial.
The new reporting structure reflects MWVs focus on global packaging end markets, and is consistent with how the company now manages and evaluates financial performance of its packaging businesses. The new segments directly align with the profitable growth strategies MWV executes across global markets for beverage, food, tobacco, home and garden, beauty and personal care, healthcare, and industrial packaging.
To learn more about the new financial reporting structure, including historical data, please visit http://www.meadwestvaco.com/PackagingSegments/index.htm
About MWV
MeadWestvaco Corporation (NYSE: MWV), provides packaging solutions to many of the worlds most-admired brands in the healthcare, beauty and personal care, food, beverage, home and garden, and tobacco industries. The companys businesses also include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the companys land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 17,000 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 eight consecutive years. For more information, please visit www.mwv.com.
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