secwatch.observer — SEC 8-K summary
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Issuer:     Amcor plc (AMCR)
CIK:        0001748790
Form:       8-K
Filed at:   2024-03-19T23:59:59+00:00
Accession:  0001748790-24-000010
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Ron Delia retires for health reasons; Peter Konieczny named Interim CEO; FY2024 guidance reaffirmed
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- Ron Delia retires as CEO and director effective April 15, 2024; will serve as Senior Advisor until Sept 30.
- Peter Konieczny, Chief Commercial Officer, appointed Interim CEO; external search for permanent successor underway.
- Konieczny receives increased base salary of CHF 1,580,190, RSU grant of 170,000 shares, and MIP at 120% target.
- Company reaffirms FY2024 adjusted EPS guidance of 67-71 cents and adjusted free cash flow of $850-950M.
- Delia's departure is for health reasons, not due to disagreements; enters Transition and Release Agreement with customary covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748790/000174879024000010/0001748790-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748790/000174879024000010/amcr-20240316.htm
  HTML page:      https://secwatch.observer/filing/0001748790-24-000010

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