Sealed Air Management

Management criteria checks 2/4

Sealed Air's CEO is Emile Chammas, appointed in Feb 2022, has a tenure of 2.25 years. total yearly compensation is $5.26M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth €7.10M. The average tenure of the management team and the board of directors is 2.3 years and 4 years respectively.

Key information

Emile Chammas

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage	14.7%
CEO tenure	2.3yrs
CEO ownership	0.2%
Management average tenure	2.3yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Emile Chammas's remuneration changed compared to Sealed Air's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$5m	US$773k	US$339m
Sep 30 2023	n/a	n/a	US$309m
Jun 30 2023	n/a	n/a	US$384m
Mar 31 2023	n/a	n/a	US$405m
Dec 31 2022	US$3m	US$745k	US$491m
Sep 30 2022	n/a	n/a	US$566m
Jun 30 2022	n/a	n/a	US$541m
Mar 31 2022	n/a	n/a	US$535m
Dec 31 2021	US$2m	US$705k	US$491m
Sep 30 2021	n/a	n/a	US$460m
Jun 30 2021	n/a	n/a	US$484m
Mar 31 2021	n/a	n/a	US$475m
Dec 31 2020	US$3m	US$671k	US$484m
Sep 30 2020	n/a	n/a	US$471m
Jun 30 2020	n/a	n/a	US$418m
Mar 31 2020	n/a	n/a	US$343m
Dec 31 2019	US$2m	US$635k	US$293m
Sep 30 2019	n/a	n/a	US$368m
Jun 30 2019	n/a	n/a	US$364m
Mar 31 2019	n/a	n/a	US$422m
Dec 31 2018	US$2m	US$596k	US$149m
Sep 30 2018	n/a	n/a	-US$24m
Jun 30 2018	n/a	n/a	-US$42m
Mar 31 2018	n/a	n/a	-US$96m
Dec 31 2017	US$2m	US$564k	US$58m

Compensation vs Market: Emile's total compensation ($USD5.26M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Emile's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Emile Chammas (54 yo)

2.3yrs

Tenure

US$5,261,177

Compensation

Mr. Emile Z. Chammas serves as Chief Operating Officer of Sealed Air Corporation since February 03, 2022 and serves as its Interim Co-CEO & Interim Co-President since October 23, 2023. He had been Senior V...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Emile Chammas	Interim Co-President	2.3yrs	US$5.26m	0.17% $ 7.1m
Dustin Semach	Interim Co-CEO	less than a year	US$4.75m	0.051% $ 2.2m
Jannick Thomsen	VP and Chief People & Digital Officer	2.3yrs	US$3.25m	0.0063% $ 270.2k
Tobias Grasso	President of Americas	3.3yrs	US$2.13m	0.016% $ 688.7k
Veronika Johnson	Chief Accounting Officer & Controller	less than a year	no data	0.013% $ 566.7k
Shuxian Yang	VP of Treasurer	2.3yrs	no data	0.015% $ 656.5k
Angel Willis	VP, General Counsel & Secretary	5.3yrs	US$1.31m	0.024% $ 1.1m
Alessandra Assis	President of Asia-Pacific (APAC) Region	2.3yrs	no data	0.021% $ 911.7k
Gerd Wichmann	President of EMEA	4.3yrs	no data	0.022% $ 941.3k
Brian Sullivan	Executive Director of Investor Relations & Assistant Treasurer	no data	no data	no data

2.3yrs

Average Tenure

51yo

Average Age

Experienced Management: SDA's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Suzanne Rowland	Independent Director	4yrs	US$291.78k	no data
Zubaid Ahmad	Independent Director	3.8yrs	US$307.04k	0.00082% $ 35.2k
Henry Keizer	Independent Chairman	7yrs	US$445.04k	0.018% $ 794.4k
Kevin Berryman	Independent Director	1.8yrs	US$286.79k	no data
Francoise Colpron	Independent Director	5yrs	US$298.03k	0.011% $ 463.1k
Harry Lawton	Independent Director	5.3yrs	US$291.78k	0.013% $ 555.1k
Clay Johnson	Independent Director	less than a year	US$270.03k	0.0026% $ 112.1k

4.0yrs

Average Tenure

61yo

Average Age

Experienced Board: SDA's board of directors are considered experienced (4 years average tenure).

Sealed Air Management

Management criteria checks 2/4

Key information

Recent management updates

Sealed Air Corporation, Annual General Meeting, May 23, 2024

SEE Announces Chief Executive Officer Changes

Sealed Air Corporation Announces Ms. Elizabeth M. Adefioye Resigns from the Board of Directors

Sealed Air Corporation Approves Appointment of Veronika Johnson as Chief Accounting Officer and Controller

Independent Director recently bought €52k worth of stock

Sealed Air Corporation Announces Retirement of CFO Christopher J. Stephens

Recent updates

Sealed Air Corporation, Annual General Meeting, May 23, 2024

Sealed Air Corporation to Report Q1, 2024 Results on May 02, 2024

New minor risk - Earnings quality

Sealed Air Corporation Provides Earnings Guidance for the Year 2024

Upcoming dividend of US$0.20 per share

Full year 2023 earnings released: EPS: US$2.35 (vs US$3.37 in FY 2022)

Third quarter dividend of US$0.20 announced

Sealed Air Corporation Declares Quarterly Cash Dividend, Payable on March 22, 2024

Sealed Air Corporation to Report Q4, 2023 Results on Feb 27, 2024

Sealed Air Corporation(NYSE:SEE) dropped from S&P 500 Ex-Financials, Real Estate, Utilities and Transportation Index

Upcoming dividend of US$0.20 per share at 2.4% yield

Sealed Air Corporation Provides Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings released: EPS: US$0.40 (vs US$0.91 in 3Q 2022)

SEE Announces Chief Executive Officer Changes

Sealed Air Corporation Declares Quarterly Cash Dividend, Payable on December 15, 2023

Sealed Air Corporation to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.20 per share at 2.2% yield

SEE Declares Quarterly Cash Dividend, Payable on September 22, 2023

Sealed Air Corporation Announces Ms. Elizabeth M. Adefioye Resigns from the Board of Directors

Investor sentiment deteriorates as stock falls 16%

Sealed Air Corporation Provides Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: EPS: US$0.65 (vs US$0.78 in 2Q 2022)

Sealed Air Corporation to Report Q2, 2023 Results on Aug 08, 2023

Upcoming dividend of US$0.20 per share at 2.1% yield

Sealed Air Corporation Approves Appointment of Veronika Johnson as Chief Accounting Officer and Controller

First quarter 2023 earnings released: EPS: US$0.44 (vs US$1.01 in 1Q 2022)

Upcoming dividend of US$0.20 per share at 1.6% yield

Full year 2022 earnings released: EPS: US$3.37 (vs US$3.26 in FY 2021)

Sealed Air Corporation (NYSE:SEE) completed the acquisition of Liqui-Box Corporation from Olympus Partners.

Sealed Air Corporation Provides Earnings Guidance for the Year 2022

Sealed Air Corporation to Report Q4, 2022 Results on Feb 09, 2023

Upcoming dividend of US$0.20 per share

Independent Director recently bought €52k worth of stock

Third quarter 2022 earnings released: EPS: US$0.91 (vs US$0.72 in 3Q 2021)

Sealed Air Corporation (NYSE:SEE) entered into a definitive agreement to acquire Liqui-Box Corporation from Olympus Partners for $1.2 billion.

Sealed Air Corporation Declares Quarterly Cash Dividend, Payable on December 16, 2022

Sealed Air Corporation Announces Retirement of CFO Christopher J. Stephens

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Sealed Air Securities Litigation

Sealed Air Corporation to Report Q3, 2022 Results on Nov 01, 2022

Senior VP & COO recently bought €54k worth of stock

Upcoming dividend of US$0.20 per share

Sealed Air Corporation Declares Quarterly Cash Dividend, Payable on September 23, 2022

CEO, President & Director recently bought €253k worth of stock

Second quarter 2022 earnings released: EPS: US$0.78 (vs US$0.72 in 2Q 2021)

Sealed Air Corporation Provides Financial Guidance for the Full Year 2022

Sealed Air Expands Sustainable Portfolio with Launch of Innovative Paper Bubble Mailer

Sealed Air Corporation Elects Kevin Berryman as Director

Sealed Air Corporation to Report Q2, 2022 Results on Aug 02, 2022

Upcoming dividend of US$0.20 per share

SEE Appoints Henry R. Keizer as Chair of its Board of Directors

SEE Declares Quarterly Cash Dividend, Payable on June 24, 2022

Senior VP & CFO recently bought €62k worth of stock

Sealed Air Corporation Raises Sales Guidance for the Full Year of 2022

First quarter 2022 earnings released: EPS: US$1.01 (vs US$0.69 in 1Q 2021)

High number of new directors

Sealed Air Corporation, Annual General Meeting, May 26, 2022

SEE Appoints Elizabeth Adefioye to Its Board of Directors

Sealed Air Corporation to Report Q1, 2022 Results on May 03, 2022

High number of new directors

Sealed Air Corporation Appoints Elizabeth Adefioye to Board of Directors

Sealed Air Corporation Declares Quarterly Cash Dividend, Payable on March 25, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

SEE Provides Earnings Guidance for the Full Year 2022

Sealed Air Corporation Appoints Emile Z. Chammas as Senior Vice President and Chief Operating Officer

Upcoming dividend of US$0.20 per share

Third quarter 2021 earnings released: EPS US$0.72 (vs US$0.85 in 3Q 2020)

High number of new directors

Sealed Air Corporation (NYSE:SEE) announces an Equity Buyback for $1,000 million worth of its shares.

Independent Director has left the company