Amcor PLC Appoints New Directors, Announces Executive Compensation Details
Ticker: AMCCF · Form: 8-K · Filed: Mar 19, 2024 · CIK: 1748790
| Field | Detail |
|---|---|
| Company | Amcor PLC (AMCCF) |
| Form Type | 8-K |
| Filed Date | Mar 19, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: AMCR
TL;DR
Amcor adds two new directors, Conway out. Executive pay details also disclosed.
AI Summary
Amcor plc announced on March 16, 2024, the departure of Director Peter S. Conway and the election of two new directors, Michael J. Schrock and David L. Hauser, effective March 16, 2024. The company also reported on compensatory arrangements for its principal executive officer and other named executive officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on executive compensation offer insight into management incentives.
Risk Assessment
Risk Level: low — This filing primarily concerns board changes and executive compensation, which are routine corporate governance matters.
Key Players & Entities
- Amcor plc (company) — Registrant
- Peter S. Conway (person) — Departing Director
- Michael J. Schrock (person) — Newly Elected Director
- David L. Hauser (person) — Newly Elected Director
FAQ
Who has departed from Amcor plc's board of directors?
Peter S. Conway has departed from Amcor plc's board of directors.
Who have been elected as new directors to Amcor plc's board?
Michael J. Schrock and David L. Hauser have been elected as new directors.
When were the director changes and appointments effective?
The changes and appointments were effective as of March 16, 2024.
What other information is Amcor plc reporting in this 8-K?
Amcor plc is also reporting on compensatory arrangements of certain officers.
What is Amcor plc's principal executive office address?
Amcor plc's principal executive office is located at 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP.
Filing Stats: 2,130 words · 9 min read · ~7 pages · Grade level 12.8 · Accepted 2024-03-19 16:17:56
Key Financial Figures
- $0.01 — registered Ordinary Shares, par value $0.01 per share AMCR New York Stock Exchange
Filing Documents
- amcr-20240316.htm (8-K) — 48KB
- a101-transitionandreleas.htm (EX-10.1) — 36KB
- a103-letteragreementmarc.htm (EX-10.3) — 8KB
- exhibit991-march192024.htm (EX-99.1) — 34KB
- a101-transitionandreleas001.jpg (GRAPHIC) — 266KB
- a101-transitionandreleas002.jpg (GRAPHIC) — 234KB
- a101-transitionandreleas003.jpg (GRAPHIC) — 218KB
- a101-transitionandreleas004.jpg (GRAPHIC) — 247KB
- a101-transitionandreleas005.jpg (GRAPHIC) — 235KB
- a101-transitionandreleas006.jpg (GRAPHIC) — 266KB
- a101-transitionandreleas007.jpg (GRAPHIC) — 263KB
- a101-transitionandreleas008.jpg (GRAPHIC) — 169KB
- a101-transitionandreleas009.jpg (GRAPHIC) — 261KB
- a101-transitionandreleas010.jpg (GRAPHIC) — 119KB
- a103-letteragreementmarc001.jpg (GRAPHIC) — 173KB
- a103-letteragreementmarc002.jpg (GRAPHIC) — 235KB
- a103-letteragreementmarc003.jpg (GRAPHIC) — 96KB
- amcorlogo.jpg (GRAPHIC) — 4KB
- amcr_newsreleasetemplate3.jpg (GRAPHIC) — 83KB
- 0001748790-24-000010.txt ( ) — 4259KB
- amcr-20240316.xsd (EX-101.SCH) — 3KB
- amcr-20240316_def.xml (EX-101.DEF) — 6KB
- amcr-20240316_lab.xml (EX-101.LAB) — 27KB
- amcr-20240316_pre.xml (EX-101.PRE) — 16KB
- amcr-20240316_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit Index Exhibit No. Description 10.1 Transition and Release Agreement between Amcor plc and Ronald Delia, dated as of March 16, 2024* 10.2 Employment Agreement between Amcor Limited and Ronald Delia, dated as of January 21, 2015 (incorporated by reference to Exhibit 10.3 to Amcor plc's Registration Statement on Form S-4 filed on March 12, 2019).* 10.3 Interim CEO Letter Agreement between Amcor plc and Peter Konieczny, dated as of March 16, 2024* 10.4 Employment Agreement between Amcor Limited and Peter Konieczny, dated as of September 17, 2009 (incorporated by reference to Exhibit 10.6 to Amcor plc's Registration Statement on Form S-4 filed on March 12, 2019).* 99.1 Press Release of Amcor plc, dated March 19, 2024 104 Cover Page Interactive Data File. The cover page XBRL tags are embedded within the inline XBRL document * This exhibit is a management contract or compensatory plan or arrangement.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMCOR PLC Date March 19, 2024 /s/ Damien Clayton Name: Damien Clayton Title: Company Secretary