Matthews board chair to retire by 2026; Thomas Gebhardt appointed, governance overhaul

MATTHEWS INTERNATIONAL CORP

Current board chair Alvaro Garcia-Tunon will retire at the 2026 annual meeting; new independent chair to be appointed by then.
Thomas Gebhardt appointed to board, effective immediately; brings battery and EV expertise from Panasonic where he led Tesla's Gigafactory project.
Board seeks declassification, majority voting standard, and elimination of supermajority requirements; proposals at 2026 annual meeting.
Gregory S. Babe resigned effective immediately; no disagreement with company.
DBE technology sale to customers other than Tesla affirmed by arbitrator; SGK joint venture for $350M and additional $50M sale of remaining businesses.

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

Alvaro Garcia-Tunon

Chair of the Board

MATW · MATTHEWS INTERNATIONAL CORP

Filed: February 19, 2025, 6:59 PM ET

current Board Chair Alvaro Garcia-Tunon will retire from the Board at the 2026 Annual Meeting.

Appointed

Thomas Gebhardt

Director

MATW · MATTHEWS INTERNATIONAL CORP

Effective: 2025-02-17
Filed: February 19, 2025, 6:59 PM ET

on February 17, 2025 the Board unanimously selected Thomas Gebhardt, age 64, to fill the vacancy in the class of directors to be elected at the 2026 annual meeting of shareholders created by Mr. Babe’s resignation.

Departed

Gregory S. Babe

Director

MATW · MATTHEWS INTERNATIONAL CORP

Effective: 2025-02-13
Successor: Thomas Gebhardt
Filed: February 19, 2025, 6:59 PM ET

On February 13, 2025, Gregory S. Babe resigned from the Board, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Alvaro Garcia-Tunon departed as Chair of the Board at MATTHEWS INTERNATIONAL CORP.

Action: will retire
Role: Chair of the Board

Exact text from the filing

current Board Chair Alvaro Garcia-Tunon will retire from the Board at the 2026 Annual Meeting.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Gebhardt was appointed as Director at MATTHEWS INTERNATIONAL CORP.

Action: appointed
Role: Director

Exact text from the filing

on February 17, 2025 the Board unanimously selected Thomas Gebhardt, age 64, to fill the vacancy in the class of directors to be elected at the 2026 annual meeting of shareholders created by Mr. Babe’s resignation.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gregory S. Babe resigned as Director at MATTHEWS INTERNATIONAL CORP.

Action: resigned
Role: Director

Exact text from the filing

On February 13, 2025, Gregory S. Babe resigned from the Board, effective immediately.

View on SEC.gov

MATTHEWS INTERNATIONAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-25-029134

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