secwatch.observer — SEC 8-K summary
======================================

Issuer:     Magnera Corp (MAGN)
CIK:        0000041719
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0001104659-24-046076
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Glatfelter names Till CFO, Manroa COO for NewCo; Fogarty non-exec chair
-----------------------------------------------------------------------

- James Till (Berry EVP/Controller) to be EVP CFO & Treasurer of NewCo; base salary $575k, bonus target 75%, LTIP $1.2M.
- Tarun Manroa (Berry EVP/CSO) to be EVP COO; base salary $550k, bonus target 75%, LTIP $900k.
- Kevin Fogarty to remain Non-Executive Chair of NewCo board; formerly Glatfelter non-exec chair since 2022.
- Current Glatfelter CFO Shettigar and COO Illetschko to resign at merger close; will stay until then.
- Appointments effective upon closing of proposed merger with Berry's HHNF business.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/41719/000110465924046076/0001104659-24-046076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/41719/000110465924046076/tm2411083d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-046076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer