Amcor stock names Tom Long as board chair successor

Amcor (ISIN JE00BJ1F3079) will appoint Tom Long as board chair after its November 11, 2026 annual meeting. TradingKey reported on September 29, 2026, that current chair Graeme Liebelt will retire from the board and will not seek re-election.

Tom Long takes the chair

Amcor's board elected Long, an independent non-executive director since 2017, to assume the chair role after the annual meeting. The change gives the packaging group a defined governance handover while management continues its post-acquisition integration work.

The transition follows the Berry acquisition, which Long described as transformative for Amcor. The company operates across flexible packaging, rigid packaging, cartons and closures, serving nutrition, health, beauty and wellness markets.

Fiscal 2026 delivered higher earnings

Yahoo Finance reported on September 22, 2026, that Amcor's fiscal 2026 revenue reached USD 23.51 billion. Adjusted EBITDA rose 68 percent to USD 3.67 billion, adjusted diluted EPS increased 12.9 percent to USD 4.02, and free cash flow climbed 40.7 percent to USD 1.30 billion.

The earnings mix gives investors a clearer operating benchmark than the chair change alone. Amcor also realized USD 240 million in synergy benefits during fiscal 2026, tying the financial improvement directly to Berry integration and productivity measures.

MarketBeat reported on September 24, 2026, that Citigroup raised its Amcor target from USD 47.00 to USD 52.00 on August 14, 2026. The same review listed UBS with a USD 56.00 target and a Buy rating dated August 11, 2026.

Market value remains substantial

AMCR was trading at USD 42.56 on the NYSE on September 29, 2026, at 10:10 a.m. EDT. Its market capitalization was USD 19.7 billion, while the 52-week range stood at USD 36.25 to USD 50.94 on the same date.

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