Sealed Air Corp/DE Files Definitive Proxy Statement

TL;DR

Sealed Air (SEE) filed its proxy statement for the May 23rd meeting. Shareholders vote on company matters.

AI Summary

Sealed Air Corp/DE filed its definitive proxy statement on April 11, 2024, for its annual meeting on May 23, 2024. The filing, designated as DEF 14A, provides information required for the proxy statement under Section 14(a) of the Securities Exchange Act of 1934. The company, previously known as WR Grace & Co/DE and Grace Holding Inc, is incorporated in Delaware and headquartered in Charlotte, NC.

Why It Matters

This filing is crucial for shareholders as it outlines the agenda and proposals for the upcoming annual meeting, influencing their voting decisions on corporate governance and strategy.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) providing information to shareholders, not indicating new financial risks or operational changes.

Key Players & Entities

• SEALED AIR CORP/DE (company) — Registrant
• WR GRACE & CO/DE (company) — Former Company Name
• GRACE HOLDING INC (company) — Former Company Name
• 20240411 (date) — Filing Date
• 20240523 (date) — Annual Meeting Date

FAQ

From the Filing

0001140361-24-019241.txt : 20240411 0001140361-24-019241.hdr.sgml : 20240411 20240411091241 ACCESSION NUMBER: 0001140361-24-019241 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 60 CONFORMED PERIOD OF REPORT: 20240523 FILED AS OF DATE: 20240411 DATE AS OF CHANGE: 20240411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEALED AIR CORP/DE CENTRAL INDEX KEY: 0001012100 STANDARD INDUSTRIAL CLASSIFICATION: PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) [2820] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 650654331 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-12139 FILM NUMBER: 24837261 BUSINESS ADDRESS: STREET 1: 2415 CASCADE POINTE BOULEVARD CITY: CHARLOTTE STATE: NC ZIP: 28208 BUSINESS PHONE: 980-221-3235 MAIL ADDRESS: STREET 1: 2415 CASCADE POINTE BOULEVARD CITY: CHARLOTTE STATE: NC ZIP: 28208 FORMER COMPANY: FORMER CONFORMED NAME: WR GRACE & CO/DE DATE OF NAME CHANGE: 19961015 FORMER COMPANY: FORMER CONFORMED NAME: GRACE HOLDING INC DATE OF NAME CHANGE: 19960805 DEF 14A 1 ny20022745x1_def14a.htm DEF 14A TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.  ) Filed by the Registrant ☒ Filed by a Party other than the Registrant   ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material pursuant to § 240.14a-12 ​ SEALED AIR CORPORATION ​ (Name of Registrant as Specified In Its Charter) ​ N/A (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒ No fee required.   ☐ Fee paid previously with preliminary materials.   ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. TABLE OF CONTENTS   TABLE OF CONTENTS   Letter from our Chair of the Board Dear Fellow Stockholders: The independent directors and I are pleased to invite you to attend the Annual Meeting of Stockholders of Sealed Air Corporation on May 23, 2024 at 8:00 a.m., Eastern daylight time. This year’s Annual Meeting will again be virtual via live audio webcast to facilitate broad stockholder attendance and equal participation. Further details regarding our Annual Meeting and the business to be conducted are provided in the enclosed Notice of Annual Meeting of Stockholders and Proxy Statement. As Chair of the Board, I would like to thank you for the trust you have placed in us and in Sealed Air. We believe that strong corporate governance and oversight; high ethical standards; active engagement with Company leadership; and a diverse board composition with a breadth of experience are critical to Sealed Air as we endeavor to maximize value for our stockholders. In October 2023, Emile and Dustin were appointed as Interim Co-Presidents and Co-CEOs as part of our leadership transition, and the Board initiated a comprehensive search, internally and externally, for our next CEO. While the CEO search process is well underway, the Board has tremendous confidence in Emile and Dustin and fully supports the transformation they are driving at Sealed Air. We encourage you to read our 2024 Proxy Statement, our 2023 Annual Report and other proxy materials. Our Board remains committed to serving your interests, and we thank you for your participation as a stockholder of Sealed Air. Letter from our Interim Co-CEOs Dear Fellow Stockholders: It is our pleasure to join Henry and our Board