8-K filed February 14, 2025, 6:59 PM ET CIK 0001012100

leadership confidence high sentiment neutral materiality 0.75

Sealed Air appoints Dustin Semach as CEO; Patrick Kivits steps down; FY2024 outlook reaffirmed

SEALED AIR CORP/DE

Semach's base salary increased to $1.1M, target bonus 120%, 2025 LTI target $6M (50% RSUs, 50% PSUs).
Patrick Kivits stepped down as CEO and board member effective Feb 12, 2025; no change to his previously disclosed severance.
Veronika Johnson appointed interim CFO; company conducting internal/external search for permanent CFO.
Company reaffirms full year 2024 guidance as provided Nov 7, 2024; Q4/full year results due Feb 25, 2025.

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.

Appointed

Dustin Semach

member of the Board of Directors

SEALED AIR CORP/DE

Effective: 2025-02-17
Filed: February 14, 2025, 6:59 PM ET

effective February 17, 2025, will be appointed as a member of the Board and its Executive Committee.

Appointed (interim)

Veronika Johnson

Interim Chief Financial Officer

SEALED AIR CORP/DE

Effective: 2025-02-12
Filed: February 14, 2025, 6:59 PM ET

Effective February 12, 2025, Veronika Johnson, the Company’s Chief Accounting Officer and Controller, was appointed as Interim Chief Financial Officer of the Company.

Departed

Patrick Kivits

Chief Executive Officer

SEALED AIR CORP/DE

Effective: 2025-02-12
Successor: Dustin Semach
Filed: February 14, 2025, 6:59 PM ET

Mr. Kivits has left the Company and has resigned as a member of the Board of Directors (the “Board”).

Role change

Dustin Semach

Chief Executive Officer

SEALED AIR CORP/DE

Effective: 2025-02-12
Filed: February 14, 2025, 6:59 PM ET

Dustin Semach has been appointed to serve as Chief Executive Officer of Sealed Air Corporation (the “Company”), replacing Patrick Kivits effective as of February 12, 2025 (the “Transition Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dustin Semach was appointed as member of the Board of Directors at SEALED AIR CORP/DE.

Action: appointed
Role: member of the Board of Directors

Exact text from the filing

effective February 17, 2025, will be appointed as a member of the Board and its Executive Committee.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Veronika Johnson was appointed as Interim Chief Financial Officer at SEALED AIR CORP/DE.

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

Effective February 12, 2025, Veronika Johnson, the Company’s Chief Accounting Officer and Controller, was appointed as Interim Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick Kivits resigned as Chief Executive Officer at SEALED AIR CORP/DE.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Mr. Kivits has left the Company and has resigned as a member of the Board of Directors (the “Board”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dustin Semach changed role as Chief Executive Officer at SEALED AIR CORP/DE.

Action: promoted
Role: Chief Executive Officer

Exact text from the filing

Dustin Semach has been appointed to serve as Chief Executive Officer of Sealed Air Corporation (the “Company”), replacing Patrick Kivits effective as of February 12, 2025 (the “Transition Date”).

View on SEC.gov

Source: SEC EDGAR

accession 0001628280-25-005724

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