JOHN W. CONWAY
President, Chairman, and Chief Executive Officer of Crown Holdings, a Philadelphia-based firm that creates metal packaging including soft drink cans, candy tins, and aerosol containers for beauty products and industrial products. When he joined the company as CEO in 2001, Crown Holdings had a huge market share but a recession affected the business. He helped the company recover by cutting down costs including shutting several of the firm’s manufactories. He also supervised its expansion in Cambodia, Vietnam, and the Middle East, as well as the sale of its cosmetics packaging business and worldwide plastic closures business.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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