Mativ Holdings Announces Board Changes and Officer Appointments
Ticker: MATV · Form: 8-K · Filed: Jun 18, 2024 · CIK: 1000623
Sentiment: neutral
Topics: board-changes, executive-appointments, governance
Related Tickers: MATV
TL;DR
Mativ Holdings shakes up its board and exec team, new faces in, old face out.
AI Summary
Mativ Holdings, Inc. announced on June 12, 2024, the departure of director Michael J. McEvoy and the election of new directors, including John D. Klinedinst and David M. Schanzer. The company also appointed new officers and approved new compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive appointments can signal shifts in company strategy or governance, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: medium — Board and executive changes can introduce uncertainty regarding future strategy and leadership effectiveness.
Key Players & Entities
- Mativ Holdings, Inc. (company) — Registrant
- Michael J. McEvoy (person) — Departing Director
- John D. Klinedinst (person) — Elected Director
- David M. Schanzer (person) — Elected Director
- Delaware (jurisdiction) — State of Incorporation
- 62-1612879 (identifier) — IRS Employer Identification No.
- 100 Kimball Pl , Suite 600 (address) — Principal Executive Offices
- Alpharetta, Georgia (location) — Principal Executive Offices Location
- 30009 (zip_code) — Principal Executive Offices Zip Code
- 1-770 - 569-4229 (phone_number) — Registrant's Phone Number
FAQ
Who has departed from the board of directors at Mativ Holdings, Inc.?
Michael J. McEvoy has departed from the board of directors.
Who has been elected as new directors to the board of Mativ Holdings, Inc.?
John D. Klinedinst and David M. Schanzer have been elected as new directors.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is June 12, 2024.
In which state is Mativ Holdings, Inc. incorporated?
Mativ Holdings, Inc. is incorporated in Delaware.
What is the address of Mativ Holdings, Inc.'s principal executive offices?
The address of the principal executive offices is 100 Kimball Pl, Suite 600, Alpharetta, Georgia 30009.
Filing Stats: 710 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-06-18 16:18:54
Key Financial Figures
- $0.10 — nge on which registered Common Stock, $0.10 par value MATV New York Stock Excha
Filing Documents
- d835699d8k.htm (8-K) — 26KB
- d835699dex991.htm (EX-99.1) — 6KB
- 0001193125-24-163419.txt ( ) — 155KB
- matv-20240612.xsd (EX-101.SCH) — 3KB
- matv-20240612_lab.xml (EX-101.LAB) — 18KB
- matv-20240612_pre.xml (EX-101.PRE) — 11KB
- d835699d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description of Exhibit 99.1 Press Release, dated June 18, 2024, announcing appointment of John K. Stipancich as a director 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MATIV HOLDINGS, INC. (Registrant) By: /s/ Greg Weitzel Greg Weitzel Executive Vice President and Chief Financial Officer Dated: June 18, 2024 2