8-K filed October 23, 2023, 7:59 PM ET CIK 0001012100

leadership confidence high sentiment neutral materiality 0.70

SEE CEO Ted Doheny steps down immediately; Chammas, Semach named interim co-CEOs

SEALED AIR CORP/DE

Ted Doheny resigned as CEO and Board member; remains advisor through Jan 18, 2024.
Emile Chammas (COO) and Dustin Semach (CFO) appointed Interim Co-Presidents and Co-CEOs.
Board begins internal/external search with executive search firm for permanent CEO.
Sergio Pupkin, Chief Growth & Strategy Officer, to leave on Dec 31, 2023.
FY 2023 guidance reaffirmed: net sales $5.4-5.6B, adj. EBITDA $1.075-1.125B, adj. EPS $2.75-2.95.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Sergio Pupkin

Senior Vice President and Chief Growth & Strategy Officer

SEALED AIR CORP/DE

Effective: 2023-12-31
Filed: October 23, 2023, 7:59 PM ET

the Company and Sergio Pupkin, the Company’s Senior Vice President and Chief Growth & Strategy Officer, mutually agreed that Mr. Pupkin will be leaving the Company, effective December 31, 2023.

Appointed (interim)

Dustin Semach

Interim Co-President and Co-Chief Executive Officer

SEALED AIR CORP/DE

Effective: 2023-10-23
Filed: October 23, 2023, 7:59 PM ET

the Board approved the appointments of Emile Chammas, Senior Vice President and Chief Operating Officer, and Dustin Semach, Chief Financial Officer, as Interim Co-Presidents and Co-Chief Executive Officers upon Mr. Doheny’s departure unless and until a permanent replacement has been named, in addition to their current roles.

Departed

Edward L. Doheny II

President and Chief Executive Officer

SEALED AIR CORP/DE

Effective: 2023-10-23
Successor: Emile Chammas, Dustin Semach
Filed: October 23, 2023, 7:59 PM ET

Mr. Doheny has stepped down as President and Chief Executive Officer and as a member of the Board, effective immediately.

Appointed (interim)

Emile Chammas

Interim Co-President and Co-Chief Executive Officer

SEALED AIR CORP/DE

Effective: 2023-10-23
Filed: October 23, 2023, 7:59 PM ET

the Board approved the appointments of Emile Chammas, Senior Vice President and Chief Operating Officer, and Dustin Semach, Chief Financial Officer, as Interim Co-Presidents and Co-Chief Executive Officers upon Mr. Doheny’s departure unless and until a permanent replacement has been named, in addition to their current roles.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sergio Pupkin departed as Senior Vice President and Chief Growth & Strategy Officer at SEALED AIR CORP/DE.

Action: leaving
Role: Senior Vice President and Chief Growth & Strategy Officer

Exact text from the filing

the Company and Sergio Pupkin, the Company’s Senior Vice President and Chief Growth & Strategy Officer, mutually agreed that Mr. Pupkin will be leaving the Company, effective December 31, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dustin Semach was appointed as Interim Co-President and Co-Chief Executive Officer at SEALED AIR CORP/DE.

Action: appointed
Role: Interim Co-President and Co-Chief Executive Officer

Exact text from the filing

the Board approved the appointments of Emile Chammas, Senior Vice President and Chief Operating Officer, and Dustin Semach, Chief Financial Officer, as Interim Co-Presidents and Co-Chief Executive Officers upon Mr. Doheny’s departure unless and until a permanent replacement has been named, in addition to their current roles.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Edward L. Doheny II departed as President and Chief Executive Officer at SEALED AIR CORP/DE.

Action: stepped down
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Doheny has stepped down as President and Chief Executive Officer and as a member of the Board, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Emile Chammas was appointed as Interim Co-President and Co-Chief Executive Officer at SEALED AIR CORP/DE.

Action: appointed
Role: Interim Co-President and Co-Chief Executive Officer

Exact text from the filing

the Board approved the appointments of Emile Chammas, Senior Vice President and Chief Operating Officer, and Dustin Semach, Chief Financial Officer, as Interim Co-Presidents and Co-Chief Executive Officers upon Mr. Doheny’s departure unless and until a permanent replacement has been named, in addition to their current roles.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-23-260917

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