Crown Crafts Appoints Claire Spencer CFO Succeeding Craig Demarest

Crown Holdings has announced significant leadership changes, including the promotion of Gary Gavin to president of the Crown Americas Division, where he will oversee beverage can operations in multiple countries and North American tinplate businesses. Gavin's leadership has contributed to strong sales and capacity expansion in the North American beverage can sector. Additionally, Crown Crafts has appointed Claire K. Spencer as its new Chief Financial Officer, effective June 30, 2025, succeeding Craig J. Demarest who is retiring after four years. Spencer brings extensive experience in financial reporting and compliance from her previous roles, including Director of SEC Reporting at H&E Equipment Services, and holds advanced accounting degrees. Crown Crafts' CEO Olivia Elliott expressed confidence in Spencer's ability to lead the finance team and support the company's growth strategies. These executive transitions reflect both companies' efforts to strengthen leadership and operational efficiency.