Howard Yu will leave his position as Ball Corp.’s Chief Financial Officer effective June 30, after joining the company in September 2023 to replace the retired Scott Morrison. According to a company statement, his departure is not related to disagreements over accounting practices, financial reporting, or internal controls.
During his tenure, Ball sold its aerospace division to BAE Systems for $5.6 billion, transforming into a company focused exclusively on the packaging business. He also oversaw the planned acquisition of Florida Can Manufacturing, an operation estimated to yield a $25 million benefit. In March 2025, Ball restructured its aluminum cup business by creating a joint venture with Ayna.AI, maintaining a minority stake of 49%.
Daniel Rabbitt has been appointed interim Chief Financial Officer while the company searches for a permanent replacement. Rabbitt, current Senior Vice President of Corporate Planning and Development, has been with Ball for over 20 years and has played a key role in more than 25 strategic operations.
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