Michael W. Rickheim
Michael W. Rickheim, the Company’s Chief Human Resources and Communications Officers, would depart from the Company, effective as of June 1, 2025
Highest-materiality recent filing
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.
Michael W. Rickheim, the Company’s Chief Human Resources and Communications Officers, would depart from the Company, effective as of June 1, 2025
Max materiality 0.75 · Median 0.55 · Most common event leadership