Nicholas T. Long (Tom)
Director at AMCR
Board
About Nicholas T. Long (Tom)
Independent director at Amcor plc since 2017, age 66. Long is the former CEO of MillerCoors and Miller Brewing, and a former senior executive at The Coca‑Cola Company (President, Northwest Europe). He holds an MBA from Harvard Business School and a BA from the University of North Carolina . He currently serves as Managing Partner of Bridger Growth Partners (private equity) and is Chair of the Compensation Committee at Amcor; he is also a member of the Executive Committee and the Nominating & Corporate Governance (NG) Committee .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| MillerCoors, LLC | Chief Executive Officer | 2011–2015 | Led large consumer beverages JV; executive leadership and P&L oversight |
| MillerCoors, LLC | President & Chief Commercial Officer | 2008–2011 | Commercial leadership (sales/marketing) |
| Miller Brewing Company | Chief Executive Officer | 2006–2008 | CEO of major U.S. brewer |
| Miller Brewing Company | Chief Marketing Officer | 2005–2006 | Brand and marketing strategy |
| The Coca‑Cola Company | President, Northwest Europe Division | 2003–2005 | International operations leadership |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Bridger Growth Partners, LLC (private equity) | Managing Partner | 2015–present | Private equity leadership; potential external affiliations to monitor for conflicts (no related-party transactions disclosed at Amcor in FY2025) |
| Wolverine Worldwide, Inc. | Chairman | Nov 2022–present | Previously director (2011–Nov 2022) |
Board Governance
- Independence and board structure: Amcor states all director nominees other than the CEO are independent; Amcor has an independent Chairman (Graeme Liebelt) and a Deputy Chairman (Stephen Sterrett), and holds regular executive sessions of independent directors .
- Committee assignments (FY2025):
- Compensation Committee (chair): Nicholas T. Long; committee met 7 times; all members independent .
- Nominating & Corporate Governance Committee: Member; committee met 5 times; all members independent .
- Executive Committee: Member; the committee did not meet in FY2025 .
- Attendance: The Board met 14 times in FY2025; each director attended at least 75% of board/committee meetings on which they served; all then‑current directors attended the annual shareholder meeting .
- Compensation Committee responsibilities include CEO/direct report pay, plan oversight, CD&A review, and succession planning; the committee used FW Cook and Willis Towers Watson as independent advisors during FY2025 .
- Policies enhancing governance alignment: No hedging or pledging of equity by directors/officers; stock ownership requirements for directors (5x cash retainer to be met within five years) .
Fixed Compensation (Director)
Company‑wide director fee structure (effective Dec 1, 2024; USD):
| Description | Fee |
|---|---|
| Board Chair retainer (50% cash / 50% RSUs) | $541,500 |
| Director retainer (others) | $285,500 (cash $135,500 + RSUs $150,000) |
| Deputy Chair fee (from Apr 30, 2025) | $40,000 (cash) |
| Audit Chair / Member | $32,500 / $16,500 (cash) |
| Compensation Chair / Member | $25,000 / $11,000 (cash) |
| Nominating & Gov Chair / Member | $20,000 / $8,000 (cash) |
| Minimum shareholding requirement | 5x cash retainer, to be accumulated over five years |
| Note on RSU retainer change | From Dec 1, 2025, director RSU retainer increases to $170,000 (from $150,000) |
FY2025 compensation actually earned by Nicholas T. Long:
| Component | Amount (USD) |
|---|---|
| Fees earned or paid in cash | $195,432 |
| Stock awards (RSUs) | $150,009 |
| Employer pension contributions | $0 |
| Total | $345,442 |
Performance Compensation (Director)
- Director equity grants are service‑based RSUs (time‑based) as part of the annual retainer; no performance metrics (e.g., EPS/TSR) apply to director RSUs .
| Instrument | Performance Metrics | Vesting/Notes |
|---|---|---|
| RSUs (annual director retainer) | None (time‑based only) | Delivered as part of fixed mix; increased to $170,000 effective Dec 1, 2025 |
Other Directorships & Interlocks
| Company | Industry | Role | Potential Interlock/Conflict |
|---|---|---|---|
| Wolverine Worldwide, Inc. | Footwear/apparel | Chairman | No Amcor‑disclosed related‑party transactions in FY2025 |
Expertise & Qualifications
- Executive leadership across global consumer brands (MillerCoors/Miller Brewing; The Coca‑Cola Company) with finance, sales, and marketing depth .
- Private equity perspective via Bridger Growth Partners, adding capital allocation and M&A expertise .
- Education: MBA (Harvard Business School); BA (University of North Carolina) .
Equity Ownership
| Holder | Shares Beneficially Owned | % Outstanding | Notes |
|---|---|---|---|
| Nicholas T. (Tom) Long | 53,151 | <1% | As of Sept 8, 2025; based on 2,308,359,941 shares outstanding |
- Policy alignment: Directors prohibited from hedging or pledging company equity; board‑level ownership guideline for directors set at 5x cash retainer .
Governance Assessment
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Strengths
- Independent director with deep consumer/marketing operating background; chairs Compensation Committee and serves on NG and Executive Committees, supporting board oversight of pay, governance, and strategy execution .
- Active committees and meeting cadence in FY2025 (Compensation 7x; NG 5x; Board 14x), with at least 75% attendance by every director—signals engagement and oversight rigor .
- Compensation Committee utilizes independent consultants (FW Cook; Willis Towers Watson) and applies performance‑based structures for executives (EPS growth with RoAFE gateway and relative TSR); 2022 LTI cycle paid 0%—evidence of downside pay sensitivity underperformance .
- Robust policies: no hedging/pledging; director ownership requirement (5x retainer); regular executive sessions of independent directors; independent Chair and Deputy Chair .
-
Watch items / potential conflicts
- External roles: Managing Partner at a private equity firm (Bridger Growth Partners) and Chair at Wolverine Worldwide—monitor for any future related‑party transactions or business with Amcor; none disclosed for FY2025 .
- Company‑level Section 16(a) compliance showed two late Form 4s (not related to Long); continue monitoring insider reporting hygiene .
-
Related‑party and red flags
- No related‑party transactions meeting Item 404 thresholds in FY2025; board policy requires Audit Committee approval of any such transactions .
- Hedging/pledging prohibited; director ownership guideline in place—both reduce alignment risk and stock‑based red flags .
-
Director pay and alignment
- Mix includes cash plus RSUs; RSU retainer increases to $170k from Dec 1, 2025; minimum shareholding policy (5x cash retainer) supports skin‑in‑the‑game over time .
-
Committee leadership implications
- As Compensation Committee Chair, Long co‑signed the Compensation Committee Report, affirming oversight of the CD&A and pay programs for FY2025 .
- Committee remit includes succession planning and executive pay governance, which are material post‑merger with Berry; continued scrutiny of metric calibration (EPS growth, RoAFE, TSR) is appropriate given 0% vesting of the FY2022 LTI cycle .