Bruce Hausmann
appointed Bruce Hausmann to serve as a director of the Company, effective July 1, 2026
Highest-materiality recent filing
Mativ appoints Bruce Hausmann (CFO of Interface) to Board, effective July 1, 2026
Board expanded from 6 to 7 members; Hausmann appointed as Class I director with term expiring at 2029 annual meeting.
Mativ Q1 2026: Sales $479.6M (-1.1% YoY), Adj. EBITDA $47.5M (+28%), Adj. EPS $0.06
GAAP net loss of $11.7M ($0.22 loss per share) vs. $425.5M loss a year ago (incl. $411.9M goodwill impairment).
Mativ changes primary GAAP metric to Gross Profit, restates 2025 segment Adjusted EBITDA
Effective Jan 1, 2026, Mativ changed primary GAAP metric from Operating Profit to Gross Profit; SG&A allocation to segments modified.
Mativ shareholders approve 1.6M share increase to 2024 equity plan, elect two directors
Amendment No. 2 increases share authorization by 1.6M to total 6.7M shares; approved by ~97% of votes cast.
Mativ Holdings enters $894.9M refinancing amendment to credit facilities
Refinancing provides $305M revolver, $89.9M Term A, $500M Term B loans totaling ~$894.9M.
Mativ Group President Ryan Elwart resigns effective April 27, 2026
Ryan Elwart, Group President, tendered resignation on March 30, 2026.
Mativ Holdings files investor presentation; no material new disclosures
Investor presentation furnished under Regulation FD; no earnings or guidance updates.
Mativ Q4 sales up 1% YoY, adj EBITDA up 19%; FY GAAP loss $337M but record FCF
Q4 2025 sales $463.1M (+1.0% YoY); GAAP net income $100.8M, GAAP EPS $1.80; adjusted EPS $0.15.
Mativ Holdings amends CEO Shruti Singhal's offer letter; base salary set at $950,000
Annual base salary of $950,000 effective Jan 1, 2026; target STIP bonus as % of base set annually by Board/Committee.
Mativ finalizes separation agreement with former CFO; $1.275M severance plus equity vest
Former CFO Gregory Weitzel's employment ended Dec 31, 2025; separation agreement signed Jan 8, 2026, confirming severance benefits.
Mativ appoints Scott Minder as CFO effective Jan 1, 2026; Weitzel departs Dec 31
Scott Minder named CFO effective Jan 1, 2026, succeeding Greg Weitzel (departs Dec 31, 2025).
Mativ appoints Deborah Borg to Board of Directors; brings 25+ years of global leadership
Appointment effective November 24, 2025; Borg will serve on Compensation and Nominating & Governance Committees.
Mativ Q3 sales $513.7M (+3% YoY), adj. EBITDA $66.8M (+10%), GAAP EPS $(0.06)
Adjusted EBITDA margin reached 13% (highest since 2022 merger); free cash flow $66.7M (+179% YoY).
Mativ reports Q2: flat sales, GAAP loss ($0.18), Adj EBITDA up 1% to $67.2M
Sales $525.4M (+0.3% YoY, +2.6% organic); GAAP net loss $9.5M ($(0.18)/share).
Mativ Holdings furnishes investor presentation without disclosing new material facts
Company filed an 8-K under Item 7.01 to provide an investor presentation dated June 4, 2025.
Mativ announces CHRO departure effective June 1; grants 184k retention RSUs to two executives
Michael Rickheim (CHRO) departs June 1, 2025; treated as involuntary without cause.
Mativ Q1 GAAP loss $425.5M ($7.82/sh) on $411.9M goodwill impairment; revenue down 3%
GAAP net loss of $425.5M, GAAP EPS $(7.82), including $411.9M non-cash goodwill impairment.
Mativ shareholders approve 2.3M share increase in 2024 Equity Plan
Shareholders approved Amendment No. 1 increasing share authorization from 2.8M to 5.1M shares (2.3M increase).
Mativ appoints Shruti Singhal as CEO, replacing Schertell; launches cost review
Shruti Singhal appointed President and CEO effective March 11, 2025, succeeding Julie Schertell who stepped down as CEO and director.
Mativ Q4 adjusted EBITDA falls 10% to $44.8M; full-year adj. EBITDA up 2% to $218M
Q4 sales $458.6M (+1.4% YoY); GAAP net income $1.5M vs. $13.6M loss; adj. EPS $0.05.
Eighth Amendment effective Dec. 17, 2024; rate margins increased to 2.75% (SOFR/EURIBOR) on revolver/D.D. term loans and 3.00% on Term A Loans at certain leverage levels.
Mativ Q3 adj. EBITDA up 10% to $60.8M; sales flat; Advanced Films turnaround launched
GAAP net loss of $20.8M ($0.38 loss per share); adjusted EPS of $0.21, adj. EBITDA margin +110bps.
Mativ closes $400M offering of 8.000% Senior Notes due 2029 to refinance existing debt
Issued $400M of 8.000% Senior Notes due 2029 in private placement; interest payable semi-annually Apr 1 and Oct 1 starting Apr 2025.
$400M aggregate principal of 8.000% senior notes due 2029 priced at 100% of par.
Mativ Holdings Announces Proposed $400 Million Senior Notes Offering to Refinance Debt
Company intends to offer $400 million aggregate principal of senior notes due 2029 in a private exempt offering.
Mativ Q2 2024: Adjusted EPS $0.34; EBITDA $66.6M, up 13% YoY; revenue $523.8M
Revenue $523.8M, -0.5% YoY; GAAP loss $1.4M, EPS -$0.03; Adjusted income $19.0M.
Mativ appoints John Stipancich to board; director Keenan resigns
John K. Stipancich appointed independent director, effective June 13, 2024; term expiring at 2027 annual meeting.
Mativ Holdings adopts severance plan with enhanced change-of-control benefits for top executives
Plan covers CEO Julie Schertell, CFO Greg Weitzel, and two other named execs; effective July 6, 2024.
Mativ Q1 GAAP loss $0.52/share on $500.2M sales; adj EPS $0.02
Sales $500.2M, down 8.9% YoY, up 10.6% sequentially; GAAP net loss $28.0M ($0.52 loss per share).
Mativ provides recast 2023 segment financials under new FAM & SAS structure
Consolidated FY 2023 adjusted EBITDA $213.4M on net sales of $2,026M; GAAP operating loss of $413.9M.
Mativ shareholders approve 2024 Equity Plan (2.8M shares), elect two directors at annual meeting
Shareholders approved 2024 Equity & Incentive Plan authorizing 2,800,000 common shares; replaces prior 2015 plan.
Mativ Q4 2023 sales down 13.7% to $452.3M; adjusted EPS $0.23, full year GAAP loss $9.33/share
Q4 net sales $452.3M (-13.7% YoY); GAAP net loss $13.6M; adjusted EBITDA $50.0M (-20% YoY); adjusted EPS $0.23.
Mativ announces restructuring to cut overhead costs by $40M annually by 2026
Overhead cost reduction run-rate of $20M in 2024, additional $20M by end 2026, total ~15% overhead reduction.
Mativ completes sale of Engineered Papers for $620M cash, reduces debt by $641M
Gross purchase price $620M cash; net proceeds ~$669M after adjustments; debt repayment of $641M.
Mativ completes sale of Engineered Papers for $620M; debt to drop ~$600M
Gross purchase price of $620M in cash, subject to customary adjustments.
Mativ Q3 GAAP loss $464M; $401M goodwill impairment; dividend cut to $0.10
Sales fell 9.7% to $498.2M; GAAP EPS loss of $(8.50) included $7.30/share goodwill impairment.
Mativ amends A/R securitization facility to facilitate Engineered Papers sale
Amendment repurchases all receivables from Mativ Receivables LLC, the bankruptcy-remote subsidiary.
Mativ signs definitive agreement to sell Engineered Papers business for $620M cash
Purchase Agreement countersigned Oct 4, 2023 after French works council consultation completed.
Mativ amends credit facility to permit sale of Engineered Papers business to Evergreen Hill
Seventh Amendment to $1.793B credit agreement effective Sept 19, 2023, clears way for Engineered Papers sale.
Mativ Holdings amends bylaws to comply with universal proxy rules
Stockholder nominating directors must solicit proxies from at least 67% of outstanding shares under Rule 14a-19.
Mativ Q2 adj EPS $0.51; proposes sale of Engineered Papers for $620M; cuts dividend to $0.10
Sales $668.3M (+56.7% incl merger); organic sales -8%; GAAP loss $4.5M ($0.08/sh); adj EPS $0.51; adj EBITDA $87.4M.
Mativ appoints Mark W. Johnson as CLO and Rajeev Kapur as CIO
Ricardo Nuñez departs as CLO, Secretary & Compliance Officer effective Sept 1, 2023.
Mativ agrees to sell Engineered Papers for $620M; dividend cut to $0.40/sh, $30M buyback
Binding offer from Evergreen Hill Enterprise for $620M; expected net proceeds ~$575M used primarily for debt reduction.
Mativ amends credit agreement to replace LIBOR with Term SOFR and EURIBOR rates
Sixth Amendment to $1.793B credit agreement replaces LIBOR with Term SOFR for USD loans and EURIBOR for EUR loans, effective July 1, 2023.
Mativ Q1 GAAP loss $7.7M, adj. EPS $0.25; revenue $679M +66.9%; EBITDA $65.7M; sees improvement H2
GAAP net loss $7.7M ($0.14 loss per share); adjusted EPS $0.25; adjusted EBITDA $65.7M.
Mativ Holdings annual meeting elects directors, approves say-on-pay and auditor ratification
Elected Class I directors William Cook, Jeffrey Keenan, Marco Levi to three-year terms.
Mativ appoints Greg Weitzel as CFO, succeeding Andrew Wamser
Andrew Wamser departs as EVP and CFO effective April 1, 2023; termination without cause after change of control.
Mativ Q4 sales $660.1M (+69% YoY); adj. EPS $0.56; full-year GAAP loss $6.6M
Q4 GAAP EPS $0.04; adjusted EPS $0.56; adjusted EBITDA $92.4M (+30% comparable).
Mativ enters consulting agreement with former COO Hoek; €20,833/month for one year
Consulting agreement with Omar Hoek effective March 1, 2023 for one year at €20,833/month.
Mativ Holdings enters $175M accounts receivable securitization facility maturing December 2025
Facility provides up to $175M in liquidity; PNC Bank serves as administrative agent.
appointed Bruce Hausmann to serve as a director of the Company, effective July 1, 2026
Michael W. Rickheim, the Company’s Chief Human Resources and Communications Officers, would depart from the Company, effective as of June 1, 2025
On March 11, 2025, Mativ Holdings, Inc. (the "Company") appointed Shruti Singhal as its President and Chief Executive Officer, effective as of March 11, 2025
Ms. Schertell departed the Company and stepped down from her role as a member of the Board of Directors of the Company on the Effective Date.
On June 13, 2024, the board of directors (the “Board”) of Mativ Holdings, Inc. (the “Company”) appointed John K. Stipancich as an independent director to serve a term expiring at the Company’s 2027 annual meeting, effective immediately.
On June 12, 2024, Jeffrey Keenan, a member of the Board, resigned from the Board and the audit and nominating & governance committees of the Board, effective immediately.
Christoph Stenzel has been appointed as Group President, Filtration and Advanced Materials.
Andrew Downard has been appointed as Chief Supply Chain Officer.
Ryan Elwart has been appointed as Group President, Sustainable and Adhesive Solutions.
Effective September 1, 2023, Mark W. Johnson, Sr. will succeed Mr. Nuñez as Chief Legal Officer, General Counsel and Secretary of the Company.
On August 8, 2023, Mativ Holdings, Inc. (the “Company”) announced the departure of Ricardo Nuñez from his role as Chief Legal Officer, Secretary and Chief Compliance Officer, effective September 1, 2023.
On March 15, 2023, Mativ Holdings, Inc. (the “Company”) announced the departure of Andrew Wamser from his role as Executive Vice President and Chief Financial Officer of the Company, effective April 1, 2023.
Max materiality 0.85 · Median 0.55 · Most common event earnings