Mark Siebert
On May 8, 2025, Ranpak Holdings Corp. (the “Company”) announced that Mark Siebert will be departing as the Company’s Managing Director, North America, effective on May 16, 2025.
Highest-materiality recent filing
Ranpak annual meeting: all four proposals approved by stockholders
Class I directors elected: Dolan (60.1M for), Gliedman (64.8M), Tranen (62.7M).
Ranpak Q1 revenue up 11% to $101.2M; net loss narrows to $10.2M
Net revenue $101.2M (+11% YoY, +4.5% constant currency) includes $1.7M non-cash warrant reduction.
Ranpak Q4 net revenue up 6.6% to $111.9M but net loss widens to $9.5M; issues 2026 guidance
Q4 net revenue $111.9M (+6.6% YoY); net loss $9.5M vs $8.0M loss in prior year.
Ranpak Q3 revenue up 8% to $99.6M; signs transformative Walmart partnership with warrants
Net revenue $99.6M (+8.0% YoY); net loss $10.4M vs $8.1M prior year.
Ranpak issues warrant to Walmart for up to 22.5M shares at $6.8308, vesting tied to spend
Issued warrant to Walmart to purchase up to 22.5M shares of Ranpak common stock at $6.8308 per share.
Ranpak Q2 revenue rises 6.8% to $92.3M, swings to net loss; extends buyback by $50M
Net revenue $92.3M (+6.8% YoY), net loss $7.5M vs net income $5.5M prior year; includes $1.2M non-cash warrant reduction.
Ranpak appoints Paul Aram as COO; European and APAC managing directors to depart
Paul Aram, 64, appointed COO effective upon joining; base salary €310,000, target bonus 40%, and 5,000 PRSUs and 5,000 RSUs new-hire award.
Ranpak stockholders elect directors and approve all proposals at 2025 annual meeting
Class III directors Omar Asali, Pam El, and Salil Seshadri elected with 62M+, 61.8M+, and 57.6M+ votes for, respectively.
Ranpak Managing Director North America Mark Siebert departs effective May 16, 2025
Siebert's departure is not due to any disagreement with the company.
Ranpak Q1 revenue up 6.9% to $91.2M, net loss widens to $10.9M, Adj. EBITDA down 9.9%
Net revenue $91.2M (+6.9% YoY, +8.8% constant currency); global volumes +12.0%.
Ranpak Q4 revenue up 16% YoY to $105M; net loss narrows to $8M; signs warrant deal with Amazon
Q4 net revenue $105M (+16% YoY, +17% constant currency); net loss $8M vs $9.3M prior year.
Ranpak issues Amazon warrant for up to 18.7M shares at $6.83; 1.87M vested; expires Jan 2033
Total warrant covers 18,716,456 shares of Class A common stock at $6.8308 exercise price.
Ranpak converts 2.9M Class C shares to Class A shares; no cash proceeds
2,921,099 Class C shares converted 1:1 into Class A shares on Dec 30, 2024.
Ranpak closes $460M refinancing with $410M term loan and $50M revolver
New $410M first-lien term loan and $50M revolving credit facility replace existing senior secured credit facilities.
Ranpak completes allocation of $410M term loan facility to refinance existing credit facilities
$410M first lien term facility maturing Dec 2031; $50M revolver maturing Dec 2029.
Ranpak launches refinancing of credit facilities with $410M term loan and $50M revolver
Ranpak announced launch of process to refinance existing senior secured credit facilities in full.
Ranpak CEO reports double-digit Q3 top-line growth; North America sales up 15.3% constant currency
Q3 delivered double-digit top-line growth and Adjusted EBITDA; fifth consecutive quarter of higher volumes.
Net revenue $92.2M vs $82.8M a year ago; constant currency revenue $94.7M (+10.5%).
Ranpak appoints Victoria L. Dolan to Board of Directors as Class I director
Victoria L. Dolan appointed to Board effective October 9, 2024.
Ranpak Q2 net revenue $86.4M (+5.5%), net income $5.5M vs loss, AEBITDA $20.4M (+7.4%)
Net revenue $86.4M up 5.5% YoY; constant currency revenue $89.6M up 5.9%.
Annual meeting results: directors elected, KPMG ratified, say-on-pay passes
Class II directors Thomas Corley, Michael Jones, and Robert King elected with >59.9M votes each.
Ranpak Q1 revenue up 5.0% to $85.3M, net loss narrows to $8.1M
Net revenue $85.3M, up 5.0% YoY; constant currency revenue $88.5M, up 4.4%.
On May 8, 2025, Ranpak Holdings Corp. (the “Company”) announced that Mark Siebert will be departing as the Company’s Managing Director, North America, effective on May 16, 2025.
Victoria L. Dolan was appointed to the Company’s Board of Directors (the “Board”) effective immediately.
Max materiality 0.85 · Median 0.62 · Most common event earnings