---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-030035"
form_type: "8-K"
ticker: null
cik: "0001012100"
company_name: "SEALED AIR CORP/DE"
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:31:00.320865+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SEE appoints Patrick Kivits as CEO effective July 1; Semach elevated to President and CFO

## Summary
- Patrick Kivits named CEO and Board member effective July 1, 2024; he joins from WestRock.
- Dustin Semach becomes President and CFO; Emile Chammas continues as COO.
- Kivits receives base salary of $1.1M, target bonus 120%, annual LTI target $6M.
- Kivits gets $3.5M cash sign-on bonus and $5.6M RSU sign-on award (three-year vest).
- Semach gets base salary increase to $850K, target bonus 100%, plus $1M cash retention and $3.3M in RSU awards.

## SEC filing metadata
- accession: 0001140361-24-030035
- form_type: 8-K
- cik: 0001012100
- company_name: SEALED AIR CORP/DE
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1012100/000114036124030035/0001140361-24-030035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1012100/000114036124030035/ef20031081_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-030035
- JSON: https://secwatch.observer/filing/0001140361-24-030035.json
- Plain text: https://secwatch.observer/filing/0001140361-24-030035.txt

## Key facts
- Executive change
  Patrick Kivits was appointed as Chief Executive Officer at SEALED AIR CORP/DE.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: its Board of Directors (the “Board”) has appointed Patrick Kivits as its Chief Executive Officer and a member of the Board effective July 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1012100/000114036124030035/0001140361-24-030035-index.htm
- Executive change
  Dustin Semach was appointed as President and Chief Financial Officer at SEALED AIR CORP/DE.
  - Action: appointed
  - Role: President and Chief Financial Officer
  source text: Appointment of Dustin Semach as President and Chief Financial Officer Effective on
  evidence_url: https://www.sec.gov/Archives/edgar/data/1012100/000114036124030035/0001140361-24-030035-index.htm

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