Ball Corp. (NYSE: BALL) reported that Chief Financial Officer Howard Yu will step down from his position effective June 30, 2025, under a mutual agreement with the company. The company clarified that Yu’s departure is not related to any disagreement over accounting practices, financial reporting, internal controls, or operations.
“We appreciate Howard’s contributions during his tenure as chief financial officer,” said Daniel Fisher, chairman and CEO of Westminster-based Ball Corp. “Under his leadership, the company strengthened its balance sheet and met its financial commitments to shareholders. We thank him for nearly two years of dedicated service and wish him continued success.”
In the interim, Ball has appointed Daniel Rabbitt as acting CFO while a search for a permanent replacement is underway. Rabbitt, who currently serves as senior vice president of corporate planning and development, brings extensive experience to the role. Since joining Ball in 2016, he has overseen more than 25 strategic transactions and previously led the company’s Aerosol business as vice president and general manager. Before joining Ball, Rabbitt was CFO and co-founder of Mountain Union Telecom LLC.