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): May 3, 2005 (April 29, 2005)

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 (see General Instruction A.2. below):

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

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

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

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

Section 8 – Other Events

Item 8.01 Other Events.

On April 29, 2005, Greif, Inc. issued a press release (the “Release”) announcing the pending retirement of its Executive Vice President, John Lilak, on October 31, 2005. The full text of the Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(c): Exhibits

Exhibit No.	Description
99.1	Press release issued by Greif, Inc. on April 29, 2005 announcing the pending retirement of its Executive Vice President, John Lilak, on October 31, 2005.

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: May 3, 2005	By:	/s/ Donald S. Huml
		Donald S. Huml
		Chief Financial Officer
		(Duly Authorized Signatory)

INDEX TO EXHIBITS

Exhibit No.	Description
99.1	Press release issued by Greif, Inc. on April 29, 2005 announcing the pending retirement of its Executive Vice President, John Lilak, on October 31, 2005.

EX-99.1

Exhibit 99.1

John Lilak,

Executive Vice President;

President, Soterra

Executive Vice President John Lilak Announces His Pending Retirement

(April 29, 2005) - John Lilak, Greif executive vice president and president of the company’s timber subsidiary Soterra LLC, has announced he will retire from his position Oct. 31, the end of the company’s 2005 fiscal year. Greif is traded on the New York Stock

Exchange under the symbols GEF and GEF.B.

Beginning Nov. 1, Lilak will work for Greif in a limited capacity on special projects, including performance management, executive development and company-wide personnel-related issues. Lilak plans to fully retire in April 2007.

A successor will be named at a later date.

Completing more than 35 years in sales, marketing, and management roles in the packaging, paper and forest resources businesses, Lilak joined Greif in 1999 from Union Camp/International Paper. There he served as general sales and marketing manager for the Container Division, group general manager for Performance Packaging, and international sales and marketing manager for the Kraft Paper and Board Division.

Lilak is past chairman and Executive Committee board member of the Fibre Box Association (FBA). He also serves on the executive board for Containerboard for the American Forest & Products Association (AF&PA), and is a past director of the International Corrugated Packaging Foundation (ICPF). A graduate of the University of Memphis, Lilak has attended executive sessions at the University of Virginia Darden Graduate School of Business Administration and the Kellogg Graduate School of Northwestern University.