---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-246994"
form_type: "8-K"
ticker: "REYN"
cik: "0001786431"
company_name: "Reynolds Consumer Products Inc."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:26:51.868061+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Reynolds Consumer Q3 net income up 10% to $86M; CEO Lance Mitchell to step down Jan 1, 2025

## Summary
- Q3 net revenues $910M (down 3% YoY); net income $86M (+10%); adj. EBITDA $171M (+4%); EPS $0.41 vs $0.37.
- CEO Lance Mitchell to step down Jan 1, 2025; will remain advisor through July 31, 2025.
- Scott Huckins (current CFO) named President & CEO effective Jan 1, 2025; Nathan Lowe named CFO.
- Net debt leverage improved to 2.3x (from 2.7x); $50M debt prepaid after quarter end.

## SEC filing metadata
- accession: 0001193125-24-246994
- form_type: 8-K
- ticker: REYN
- cik: 0001786431
- company_name: Reynolds Consumer Products Inc.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786431/000119312524246994/0001193125-24-246994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786431/000119312524246994/d889270d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-246994
- JSON: https://secwatch.observer/filing/0001193125-24-246994.json
- Plain text: https://secwatch.observer/filing/0001193125-24-246994.txt

## Key facts
- Executive change
  Scott E. Huckins was appointed as President and Chief Executive Officer at Reynolds Consumer Products Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: the Board appointed Scott E. Huckins as the Company's President and Chief Executive Officer, and elected Mr. Huckins a member of the Board of Directors to fill the vacancy resulting from Mr. Mitchell's departure from the Board, all effective as of January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786431/000119312524246994/0001193125-24-246994-index.htm
- Executive change
  Scott E. Huckins was elected as Member of the Board of Directors at Reynolds Consumer Products Inc..
  - Action: elected
  - Role: Member of the Board of Directors
  source text: the Board appointed Scott E. Huckins as the Company's President and Chief Executive Officer, and elected Mr. Huckins a member of the Board of Directors to fill the vacancy resulting from Mr. Mitchell's departure from the Board, all effective as of January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786431/000119312524246994/0001193125-24-246994-index.htm
- Executive change
  Nathan D. Lowe was appointed as Vice President, Chief Financial Officer and Treasurer at Reynolds Consumer Products Inc..
  - Action: appointed
  - Role: Vice President, Chief Financial Officer and Treasurer
  source text: the Board appointed Nathan D. Lowe as Vice President, Chief Financial Officer and Treasurer, to fill the vacancy resulting from the appointment of Mr. Huckins as President and Chief Executive Officer, effective as of January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786431/000119312524246994/0001193125-24-246994-index.htm
- Executive change
  Lance Mitchell departed as Member of the Board of Directors at Reynolds Consumer Products Inc..
  - Action: stepped down
  - Role: Member of the Board of Directors
  source text: On October 24, 2024, Lance Mitchell notified the Company that he plans to step down as President and Chief Executive Officer of the Company and as a member of the Company's Board, all effective as of January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786431/000119312524246994/0001193125-24-246994-index.htm
- Executive change
  Lance Mitchell departed as President and Chief Executive Officer at Reynolds Consumer Products Inc..
  - Action: stepped down
  - Role: President and Chief Executive Officer
  source text: On October 24, 2024, Lance Mitchell notified the Company that he plans to step down as President and Chief Executive Officer of the Company and as a member of the Company's Board, all effective as of January 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786431/000119312524246994/0001193125-24-246994-index.htm

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