Crown Holdings elects Wayne T. Smith to its board
Smith will receive the same board and committee compensation as Crown’s other non-employee directors.
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Form Type
8-K
Rhea-AI Filing Summary
Crown Holdings, Inc. elected Wayne T. Smith to its board effective October 21, 2026, and appointed him to the Audit Committee. The board now has eleven members. Smith was Chairman and Chief Executive Officer of BASF Corporation from 2015 to 2021; he currently chairs Air Products and Chemicals, Inc.’s board and serves as a director of ONEOK, Inc.
Smith will receive the same compensation for board and committee service as Crown’s other non-employee directors, as described in the company’s proxy statements. Crown stated there are no arrangements or understandings with another person pursuant to which Smith was selected, and no company transaction in which he has a direct or indirect material interest.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Board members: 11 members
BASF Corporation annual revenue: Approximately $20 billion
Air Products and Chemicals, Inc. annual revenue: Approximately $12 billion
+1 more
4 metrics
Board members
11 members
Crown Holdings’ board after Smith’s election
BASF Corporation annual revenue
Approximately $20 billion
Annual revenue cited in the press release
Air Products and Chemicals, Inc. annual revenue
Approximately $12 billion
Annual revenue cited in the press release
ONEOK, Inc. annual revenue
Approximately $33 billion
Annual revenue cited in the press release
Key Terms
Audit Committee, non-employee directors, rigid packaging products
3 terms
Audit Committee technical
"appointed to serve as a member of the Board’s Audit Committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
non-employee directors technical
"the Company’s other non-employee directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
rigid packaging products technical
"a leading global supplier of rigid packaging products"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who joined CCK’s board, and what committee will he serve on?
Wayne T. Smith was elected to Crown Holdings’ board effective October 21, 2026, and appointed to the Audit Committee.
What is Wayne T. Smith’s background before joining CCK’s board?
Smith was Chairman and Chief Executive Officer of BASF Corporation from 2015 to 2021. He currently serves as Chairman of the Board of Air Products and Chemicals, Inc. and as a director of ONEOK, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
____________
FORM 8-K
____________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 21, 2026
(Exact name of Registrant as specified in its charter)
| (State or Other Jurisdiction of Incorporation or Organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(215 ) 698-5100
(Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Title of each class | Trading Symbols | Name of each exchange on which registered | ||||||
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 21, 2026, the Board of Directors (the “Board”) of Crown Holdings, Inc. (the “Company”) elected Wayne T. Smith to serve as a director of the Company, effective immediately. Mr. Smith was also appointed to serve as a member of the Board’s Audit Committee.
Mr. Smith previously served as Chairman and Chief Executive Officer of BASF Corporation, the North American business of BASF SE, from 2015 to 2021. Mr. Smith currently serves as Chairman of the Board of Air Products and Chemicals, Inc. and as a director of ONEOK, Inc.
Mr. Smith will receive the same compensation for his service on the Board and its committees as the Company’s other non-employee directors, as described in the Company’s proxy statements filed with the U.S. Securities and Exchange Commission.
There are no arrangements or understandings between Mr. Smith and any other person pursuant to which Mr. Smith was selected as a director, nor are there any transactions in which the Company is a participant in which Mr. Smith has a direct or indirect material interest.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
The following is furnished as an exhibit to this report.
| 99. 1 | Crown Holdings, Inc. press release dated October 22, 2026. | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 26, 2026
| CROWN HOLDINGS, INC. | |||||
| By: | /s/ Kevin B. Garry | ||||
| Name: | Kevin B. Garry | ||||
| Title: | Vice President and Corporate Controller | ||||
2
News Release Corporate Headquarters 14025 Riveredge Drive, Suite 300 Tampa, FL 33637 |  | |||||||
CROWN HOLDINGS, INC. ELECTS WAYNE SMITH TO ITS BOARD OF DIRECTORS
Tampa, FL – October 22, 2026 – Crown Holdings, Inc. (NYSE: CCK) announced today that Wayne T. Smith has been elected to its Board of Directors, effective October 21, 2026. The Board now has eleven members.
Mr. Smith is the former Chairman and Chief Executive Officer of BASF Corporation, which generated approximately $20 billion in annual revenue and served automotive, construction, aerospace and industrial end markets, among others. BASF Corporation is the North American business of Germany-based BASF SE. Prior to that role, which he held from 2015-2021, Mr. Smith held several senior general management positions of increasing responsibility over the previous ten years with BASF Corporation. Earlier in his career, Mr. Smith held general management, operational and engineering roles with W.R. Grace, The BOC Group Limited and General Electric. Mr. Smith currently serves as Chairman of the Board of Air Products and Chemicals, Inc. (NYSE: APD), a global industrial gases company with approximately $12 billion in annual revenue, and is a Director of ONEOK, Inc. (NYSE: OKE), an oil and gas storage and transportation company with approximately $33 billion in annual revenue. He previously served as a Director of Inter Pipeline Ltd. and BASF SE. Mr. Smith earned a Master of Business Administration from the University of Pennsylvania and a Bachelor of Science in Chemical Engineering from Syracuse University.
Timothy J. Donahue, Chairman of the Board and Chief Executive Officer, commented, “Wayne brings to the Board substantial and diverse senior executive leadership and management experience across a wide range of end markets, as well as deep operational and process knowledge. We are pleased to welcome Wayne to the Board and are confident in the meaningful contributions he will make in the years ahead.”
Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment, and services to a broad range of end markets. The Company's world headquarters are located in Tampa, Florida. Learn more at www.crowncork.com.
For more information, please contact Corporate Communications at (215) 602-2653.