UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 17, 2012
SEALED AIR CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Delaware | 1-12139 | 65-0654331 | ||
(State or Other | (Commission | (IRS Employer |
200 Riverfront Boulevard | ||
Elmwood Park, New Jersey | 07407 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: 201-791-7600
Not Applicable
(Former Name or Former Address, If Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 24, 2012, Sealed Air Corporation (the “Company”) announced that Carol P. Lowe will join the Company as Senior Vice President and Chief Financial Officer, effective as of June 18, 2012.
Ms. Lowe, age 46, is currently the President of Carlisle FoodService Products, a subsidiary of Carlisle Companies Incorporated, a global diversified manufacturing company. Ms. Lowe has worked for Carlisle Companies Inc. for over ten years in a number of leadership positions including President of two business units, Vice President and Chief Financial Officer, and Treasurer. Prior to joining Carlisle, Ms. Lowe served in various accounting and treasury positions at National Gypsum Company and she began her career in public accounting at Ernst & Young. Ms. Lowe has over twenty years of experience as a senior financial executive with experience in all financial and internal control activities, including financial planning and reporting, accounting, internal audit, investor relations, tax, treasury and risk management. Ms. Lowe is also a Certified Public Accountant and serves on the Board of Directors of Cytec Industries Incorporated. Ms. Lowe earned an MBA from Duke University and a Bachelor of Science in Accounting from the University of North Carolina at Charlotte.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit | Description | |
99.1 | Press Release of Sealed Air Corporation dated May 24, 2012 |
SIGNATURE
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.
SEALED AIR CORPORATION | ||
By: | /s/ H. Katherine White | |
Name: | H. Katherine White | |
Title: | Vice President | |
Dated: May 24, 2012 | ||
EXHIBIT INDEX
Exhibit | Description | |
99.1 | Press Release of Sealed Air Corporation dated May 24, 2012 |
Exhibit 99.1
|
200 Riverfront Boulevard Elmwood Park, NJ 07407 Contact: Amanda H. Butler (201) 791-7600 |
for release: May 24, 2012 |
SEALED AIR ANNOUNCES NEW CFO
ELMWOOD PARK, N.J., Thursday, May 24, 2012 – Sealed Air Corporation (NYSE: SEE) is pleased to announce the appointment of Carol P. Lowe as Senior Vice President and Chief Financial Officer, effective on June 18, 2012. Ms. Lowe is currently the President of Carlisle FoodService Products, a subsidiary of Carlisle Companies Incorporated, a global diversified manufacturing company.
Ms. Lowe has worked for Carlisle Companies Inc., a Fortune 1000 company, for over ten years in a number of leadership positions including President of two business units, Vice President and Chief Financial Officer, and Treasurer. Prior to joining Carlisle, Ms. Lowe served in various accounting and treasury positions at National Gypsum Company and she began her career in public accounting at Ernst & Young. Ms. Lowe has over twenty years of experience as a senior financial executive with experience in all financial and internal control activities, including financial planning and reporting, accounting, internal audit, investor relations, tax, treasury and risk management. Ms. Lowe is also a Certified Public Accountant and serves on the Board of Directors of Cytec Industries Incorporated.
Ms. Lowe earned an MBA from Duke University and a Bachelor of Science in Accounting from the University of North Carolina at Charlotte.
William V. Hickey, President and Chief Executive Officer, commented, “We are delighted that Carol is joining our executive management team at Sealed Air. She brings an excellent combination of general management and financial management experience to Sealed Air. She has also successfully led finance and treasury functions and has shown a solid track record of cash management. These strengths, as well as her recent experience in the food service sector, make her an ideal fit for our new organization.”
Mr. Hickey added, “I would personally like to thank Tod Christie, our Treasurer, for his excellent performance while serving as interim CFO and for his commitment and dedication in filling the additional responsibilities during this period. In June, Tod will resume his full-time role as Treasurer of Sealed Air Corporation and continue to be a valuable member of our management team.”
Business
Sealed Air is a global leader in food safety and security, facility hygiene and product protection. With widely recognized and inventive brands such as Bubble Wrap® brand cushioning, Cryovac® brand food packaging solutions and Diversey™ brand cleaning and hygiene solutions, Sealed Air offers efficient and sustainable solutions that create business value for customers, enhance the quality of life for consumers and provide a cleaner and healthier environment for future generations. On a pro forma basis, Sealed Air generated revenue of $8.1 billion in 2011, and has approximately 26,300 employees who serve customers in 175 countries. To learn more, visit www.sealedair.com.