secwatch.observer — SEC 8-K summary
======================================

Issuer:     SEALED AIR CORP/DE (—)
CIK:        0001012100
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001628280-25-005724
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1012100/000162828025005724/0001628280-25-005724-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1012100/000162828025005724/see-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-005724

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