---
schema_version: "secwatch.filing_event.v1"
accession: "0000041719-22-000044"
form_type: "8-K/A"
ticker: "MAGN"
cik: "0000041719"
company_name: "Magnera Corp"
filed_at: "2022-09-22T23:59:59+00:00"
generated_at: "2026-06-23T08:08:05.457262+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Glatfelter finalizes severance for ex-CEO Parrini: $100k/mo consulting, 3 months

## Summary
- Former CEO Dante C. Parrini entered Separation Agreement on Sept 13, 2022; resigned from board same day.
- Consulting agreement: 3 months at $100,000/month; service limited to ≤20% of prior 36-month average.
- Company waived its policy reducing severance by 50% if new employment obtained during payout period.

## SEC filing metadata
- accession: 0000041719-22-000044
- form_type: 8-K/A
- ticker: MAGN
- cik: 0000041719
- company_name: Magnera Corp
- filed_at: 2022-09-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/41719/000004171922000044/0000041719-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/41719/000004171922000044/formax092222amendmentto915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000041719-22-000044
- JSON: https://secwatch.observer/filing/0000041719-22-000044.json
- Plain text: https://secwatch.observer/filing/0000041719-22-000044.txt

## Key facts
- Executive change
  Dante C. Parrini was terminated as Chairman and Chief Executive Officer at Magnera Corp.
  - Action: terminated
  - Role: Chairman and Chief Executive Officer
  source text: the termination of Dante C. Parrini as the Chairman and Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/41719/000004171922000044/0000041719-22-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.