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Three Promoted to VP


Three in Greif’s Global Sourcing and Supply Chain Organization Promoted to Vice President

DELAWARE, Ohio (Jan. 5, 2005) – The Board of Directors of Greif, Inc. (NYSE: GEF) recently elected Myron Gramelspacher as vice president - Global Indirect Materials and Services, Doug Lingrel as vice president - Global Business Processes and Administration and Dan Ronchetto as vice president - Global Direct Materials. The three had been directors of the same functional areas.

Greif’s Senior Vice President – Global Sourcing and Supply Chain Ron Brown said, “The promotion of Myron, Doug and Dan reinforces the importance of their work to Greif’s financial results. Annually, Greif spends more than $1.5 billion for materials and services, and these three gentlemen oversee a large part of that. I am confident that, with their increased responsibility and authority, they will deliver outstanding results to Greif’s bottom line.”

Joining Greif in February 2004 in the Supply Chain organization, Gramelspacher previously worked three years for Mettler-Toledo in its sourcing and supply chain group, and 12 years with GE in various manufacturing, six sigma, and sourcing positions. He holds a bachelor’s degree in mechanical engineering from Purdue and an MBA from Marquette University.

Lingrel, who joined Sonoco in 1988, which was acquired by Greif in 1998, has held several positions in the company, including director of finance and strategic business unit controller, North America. Lingrel has a bachelor’s degree in biology and an MBA degree from the University of Cincinnati.

Ronchetto joined Greif in November 2004 as director of Global Direct Materials. He had been with Emerson Electric Co. in St. Louis, where he was strategic sourcing manager – steel. He holds a bachelor’s degree in industrial management from Southwest Missouri State University and an MBA degree from St. Louis University.


Matt Eichmann Vice President,
Investor Relations and Corporate Communications
Greif, Inc.
Office: (740) 549-6067

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