8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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): April 19, 2011 (April 18, 2011)

GREIF, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-00566	31-4388903
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

425 Winter Road, Delaware, Ohio	43015
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (740) 549-6000

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 5 — Corporate Governance and Management

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Item 5.02(b)

Michael J. Gasser

On April 18, 2011, Michael J. Gasser announced that he will step down from his position as Chief Executive Officer of Greif, Inc. (the “Company”) effective as of November 1, 2011, which is the beginning of the 2012 fiscal year. Mr. Gasser will continue to serve as executive Chairman of the Board of Directors of the Company. The Company issued a press release regarding this announcement on April 18, 2011.

Item 5.02(c)

David B. Fischer

The press release also announced that, effective as of November 1, 2011, David B. Fischer, currently the Company’s President and Chief Operating Officer, will succeed Mr. Gasser as the Company’s Chief Executive Officer.

Mr. Fischer, 48, has served as the Company’s President and Chief Operating Officer since 2007. From 2004 to 2007, Mr. Fischer served as the Company’s Senior Vice President and Divisional President, Industrial Packaging & Services — Americas, which also included responsibility for Africa. He assumed additional responsibility for Australia and Asia in 2005 and 2006, respectively.

The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Section 9 — Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
	99.1	Press release issued by Greif, Inc. on April 18, 2011 announcing that David B. Fischer to Succeed Michael J. Gasser as Greif, Inc. Chief Executive Officer.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	GREIF, INC.
Date: April 19, 2011	By	/s/ Robert M. McNutt Robert M. McNutt,
		Senior Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.		Description
	99.1	Press release issued by Greif, Inc. on April 18, 2011 announcing that David B. Fischer to Succeed Michael J. Gasser as Greif, Inc. Chief Executive Officer.

EX-99.1

EXHIBIT 99.1

DAVID B. FISCHER TO SUCCEED
MICHAEL J. GASSER AS
GREIF, INC. CHIEF EXECUTIVE OFFICER

-Transition to Occur Nov. 1, 2011

DELAWARE, Ohio (April 18, 2011) — Greif, Inc. (NYSE: GEF, GEF.B) President David B. Fischer, 48, will add the title of CEO at the start of the company’s 2012 fiscal year, Nov. 1, 2011. Current Chairman and CEO Michael J. Gasser, 59, will continue in his role as executive chairman.

“I’ve worked closely with Dave for a number of years, and am pleased that Greif will be in such capable hands day-to-day,” said Gasser. “After this transition, I will be able to focus more intently on corporate strategy and on ensuring that the culture of The Greif Way is embedded deeply in all our operations. And as executive chairman of the Board, I will continue to be actively involved in the company, albeit at a higher level.”

“With the executive team already in place, and the superb talent working up through the ranks, I remain wholly optimistic about Greif’s future and its continued growth.”

Gasser has been chairman and CEO since June 1994. He joined Greif in 1979 as internal auditor at the company’s headquarters in Delaware, Ohio. He became controller in 1981, a member of the finance committee in 1987, vice president of finance in 1988, a member of the board of directors in 1991, vice chairman and chief operating officer in 1994 and chairman and CEO later that year.

In 1994, Greif was an industrial packaging company with operations in the US and Canada, with $526 million in sales and 4,500 employees. Under Gasser’s leadership, Greif has grown to become a multi-national company with operations in 56 countries, 2010 sales of $3.5 billion and 16,000 employees.

Gasser serves on the board of directors of Bob Evans Farms and of the James Foundation, the development board for The James Cancer Center at The Ohio State University Comprehensive Cancer Center.

Fischer was named president and chief operating officer of Greif in October 2007. He joined Greif as senior vice president and divisional president, Industrial Packaging & Services — Americas in November 2004, and later assumed responsibility for additional IP&S operations in Asia, Australia and Africa.

About Greif, Inc.

Greif is a world leader in industrial packaging products and services. The company produces steel, plastic, fibre, flexible, corrugated and multiwall containers and containerboard, and provides blending, filling and packaging services for a wide range of industries. Greif also manages timber properties in North America. The company is strategically positioned in more than 50 countries to serve global as well as regional customers. Additional information is on the company’s website at www.greif.com.

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Contact:

Media:
Debra Strohmaier, APR
Vice President, Corporate Communications
Greif, Inc.
+1 740 549 6074
cell: +1 740 816 0692

Analysts:
Robert A. Lentz
Robert A. Lentz Associates
+1 614 876 2000