secwatch.observer — SEC 8-K summary
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Issuer:     GRAPHIC PACKAGING HOLDING CO (GPK)
CIK:        0001408075
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001193125-24-228991
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GPK CFO Scherger and EVP Yost terminate employment pacts; severance plan enhanced
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- CFO Stephen Scherger and President International Joseph Yost voluntarily terminated their employment agreements effective Sept 26, 2024.
- Termination follows approval of improved Graphic Packaging International Executive Severance Plan for all EVPs.
- The new severance plan provides enhanced benefits, including 2x base salary plus target bonus for EVPs upon change-in-control termination.
- Both executives remain in their roles; no change in leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408075/000119312524228991/0001193125-24-228991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408075/000119312524228991/d894959d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-228991

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