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): September 23, 2005 (September 19, 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 September 19, 2005, Greif, Inc. issued a press release (the “Release”) announcing changes to the finance management team. 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 September 19, 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: September 23, 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 September 19, 2005.

EX-99.1

EXHIBIT 99.1

Greif, Inc. Announces Changes to the Finance Management Team

DELAWARE, Ohio (September 19, 2005) – Donald S. Huml, chief financial officer of Greif, Inc. (NYSE: GEF, GEF.B), has announced the reorganization of the company’s Finance Department.

Currently Vice President and Chief Information Officer, Ken Andre adds the Corporate Controller role as he continues in his position as Vice President and CIO.

Vice President and Corporate Controller John Dieker will become Vice President and Treasurer.

Vice President and Treasurer Rob Zimmerman will be Vice President of Corporate Business Development, leading growth and development activities for the company.

The transition will be fully implemented by Jan. 1, 2006.

After earning his bachelor’s degree in Accounting from the University of Notre Dame in South Bend, Ind., Andre began his career as an audit and emerging business specialist for Coopers and Lybrand (now PricewaterhouseCoopers). He joined Van Leer Containers as staff accountant in the corporate accounting department, moved to area controller in the Netherlands, then filled progressively more responsible roles in information systems for Van Leer, Huhtamaki Van Leer and Greif in Belgium before moving to Greif’s corporate offices in Delaware, Ohio.

Dieker came to Greif as internal auditor in 1992 from Price Waterhouse (now PricewaterhouseCoopers) where he was a senior auditor. In 1995, he was named controller. In the 10 years since, his work has grown significantly as Greif grew from a $500 million company in North America to the $2.2 billion global company it is today. Dieker graduated from The Ohio State University, Columbus, Ohio, with majors in Accounting and Finance.

Zimmerman joined Greif in 2001 as global cash manager, and was promoted to his current position in 2003. Previously, he was the treasury manager at Mettler Toledo International Inc. in Columbus, Ohio. A Certified Cash Manager, Zimmerman has a bachelor’s degree in Business Administration/Systems from Taylor University, Upland, Ind., and an MBA in Finance from the University of Dayton in Dayton, Ohio.

Greif, Inc. is the world leader in industrial packaging products and services. The company provides extensive experience in steel, plastic, fibre, corrugated and multiwall containers and protective packaging for a wide range of industries. Greif also produces containerboard and manages timber properties in North America. The company is strategically positioned in more than 40 countries to serve global as well as regional customers. Additional information is on the company’s Web site at www.greif.com.