---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-23-001090"
form_type: "8-K"
ticker: "MAGN"
cik: "0000041719"
company_name: "Magnera Corp"
filed_at: "2023-04-05T23:59:59+00:00"
generated_at: "2026-06-17T06:06:47.703175+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Glatfelter appoints Boris Illetschko as COO; two senior executives depart

## Summary
- Boris Illetschko appointed SVP, COO effective by October 1, 2023, consolidating commercial and supply chain roles.
- Christopher Astley (Chief Commercial Officer) and Wolfgang Laures (SVP Supply Chain) separate effective immediately.
- Company states changes are not related to operations, financial reporting, controls, or personal conduct.
- Illetschko receives €425k base salary, €276k target short-term incentive, and €450k long-term incentive award.

## SEC filing metadata
- accession: 0000929638-23-001090
- form_type: 8-K
- ticker: MAGN
- cik: 0000041719
- company_name: Magnera Corp
- filed_at: 2023-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/41719/000092963823001090/0000929638-23-001090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/41719/000092963823001090/a8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-23-001090
- JSON: https://secwatch.observer/filing/0000929638-23-001090.json
- Plain text: https://secwatch.observer/filing/0000929638-23-001090.txt

## Key facts
- Executive change
  Wolfgang Laures departed as Senior Vice President, Integrated Global Supply Chain and IT at Magnera Corp.
  - Action: separated
  - Role: Senior Vice President, Integrated Global Supply Chain and IT
  source text: Wolfgang Laures will separate from employment with the Company as the Company’s Senior Vice President, Integrated Global Supply Chain and IT
  evidence_url: https://www.sec.gov/Archives/edgar/data/41719/000092963823001090/0000929638-23-001090-index.htm
- Executive change
  Christopher W. Astley departed as Senior Vice President, Chief Commercial Officer at Magnera Corp.
  - Action: separated
  - Role: Senior Vice President, Chief Commercial Officer
  source text: Christopher W. Astley will separate from employment with the Company as the Company’s Senior Vice President, Chief Commercial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/41719/000092963823001090/0000929638-23-001090-index.htm
- Executive change
  Boris Illetschko was appointed as Senior Vice President, Chief Operating Officer at Magnera Corp.
  - Action: appointed
  - Role: Senior Vice President, Chief Operating Officer
  source text: the Board appointed Boris Illetschko as the Company’s Senior Vice President, Chief Operating Officer, effective as of October 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/41719/000092963823001090/0000929638-23-001090-index.htm
- Governance Changes
  Magnera Corp: Amended Bylaws to provide consistency with the director election standard in the Articles of Incorporation adopted at the November 2022 special meeting of shareholders (effective 2023-04-05).
  - Change: bylaw amendment
  - Effective: 2023-04-05
  source text: On April 5, 2023, the Board amended the Company’s Amended and Restated Bylaws (the “Bylaws”) to provide consistency with the director election standard in the Company’s Articles of Incorporation adopted at the November 2022 special meeting of shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/41719/000092963823001090/0000929638-23-001090-index.htm

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