8-K

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): July 6, 2022

 SEALED AIR CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Delaware	1-12139	65-0654331
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

2415 Cascade Pointe Boulevard
Charlotte	North Carolina	28208
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (980)-221-3235

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))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Trading Symbol(s)	Name of Each Exchange on Which Registered
Common Stock, par value $0.10 per share	SEE	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 6, 2022, the Board of Directors of Sealed Air Corporation (the “Company”) elected Kevin Berryman as a director. The Board has appointed Mr. Berryman to the Audit Committee. Mr. Berryman will receive compensation under the Company’s standard compensatory and other arrangements for non-employee directors as previously disclosed. The Board has determined that Mr. Berryman is independent under the Company’s Standards for Director Independence and the New York Stock Exchange listing standards. Mr. Berryman is not a party to any transactions described in Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries.

A copy of the Company’s press release relating to this matter is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press release of Sealed Air Corporation dated July 7, 2022
104	Cover Page Interactive Data File (formatted as Inline XBRL and embedded within document)

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/ Angel Shelton Willis
	Name:	Angel Shelton Willis
	Title:	Vice President, General Counsel and Secretary
		(Duly Authorized Officer)
Date: July 7, 2022

EX-99.1

Exhibit 99.1

SEE Appoints Kevin Berryman to Board of Directors

CHARLOTTE, N.C., July 7, 2022 –SEE (NYSE: SEE) today announced the appointment of Kevin Berryman to its Board of Directors. Mr. Berryman will serve on the Audit Committee.

Mr. Berryman currently serves as the President and Chief Financial Officer at Jacobs (NYSE: J), a full spectrum professional services company including consulting, technical, scientific and project delivery for the government and private sector. In this role, he is responsible for all aspects of strategy and financial operations for the company.

Prior to Jacobs, Mr. Berryman served as Executive Vice President and Chief Financial Officer at International Flavors & Fragrances in addition to various leadership positions at Nestlé.

“My background in consumer-packaged goods and leadership experience in strategic, technology-forward and innovative solutions will help SEE’s transformation journey and drive elevated customer engagement. I am honored to join the SEE Board and look forward to contributing to the success of the company,” said Mr. Berryman.

Mr. Berryman holds a bachelor’s degree in economics from Occidental College and an MBA in finance from the University of California, Los Angeles.

“Kevin brings decades of experience to the SEE Board, and we are looking forward to leveraging his impressive financial acumen while accelerating SEE’s journey to a world-class digitally driven company, automating sustainable packaging solutions,” said Henry Keizer, SEE Board Chairman.

###

About SEE

Sealed Air (NYSE: SEE) is in business to protect, solve critical packaging challenges, and make our world better than we find it. Our automated packaging solutions promote a safer, more resilient, and less wasteful global food supply chain, enable e-commerce, and protect goods transported worldwide.

Our globally recognized brands include CRYOVAC® brand food packaging, SEALED AIR® brand protective packaging, AUTOBAG® brand automated systems, BUBBLE WRAP® brand packaging, SEEAutomation™ solutions and prismiq™ brand smart packaging and digital printing.

The SEE Operating Model, together with our industry-leading expertise in materials, engineering and technology, create value through more sustainable, automated, and digitally connected packaging solutions.

We are leading the packaging industry in creating a more environmentally, socially, and economically sustainable future and havepledgedto design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with abolder goalto reach net-zero carbon emissions in our global operations by 2040. Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are committed to a diverse workforce and caring, inclusive culture through our2025 Diversity, Equity and Inclusion pledge.

SEE generated $5.5 billion in sales in 2021 and has approximately 16,500 employees who serve customers in 114 countries/territories. To learn more, visitsealedair.com.

Company Contacts

Investors

Brian Sullivan

Brian.c.sullivan@sealedair.com

704.503.8841

Louise Lagache

Louise.lagache@sealedair.com

704.503.8841

Media

Christina Griffin

Christina.griffin@sealedair.com

704.430.5742

Sealed Air | 2415 Cascade Pointe Blvd. | Charlotte, NC 28208

XML

Cover Cover	Jul. 06, 2022
Cover [Abstract]
Document Type	8-K
Document Period Start Date	Jul. 06, 2022
Entity Incorporation, State or Country Code	DE
Entity File Number	1-12139
Entity Tax Identification Number	65-0654331
Entity Address, Address Line One	2415 Cascade Pointe Boulevard
Entity Address, City or Town	Charlotte
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28208
City Area Code	980
Local Phone Number	221-3235
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	SEE
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
Entity Central Index Key	0001012100
Entity Registrant Name	SEALED AIR CORP/DE
Amendment Flag	false