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): May 6, 2020

NEENAH INC

(Exact Name Of Registrant As Specified In Charter)

Delaware	001-32240				20-1308307
(State of Incorporation)	(Commission File No.)				(I.R.S. Employer Identification No.)
	3460 Preston Ridge Road
	Alpharetta	,	Georgia	30005
(Address of principal executive offices, including zip code)

(678) 566-6500

(Registrant’s telephone number, including area code)

Not applicable

(Former name or address, if changed since last report)

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	NP	New York Stock Exchange

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 (see General Instruction A.2 below):

☐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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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 May 6, 2020, Bonnie C. Lind notified Neenah, Inc. (the “Company”) of her plans to retire on October 1, 2020. In addition, Ms. Lind will relinquish her role as Senior Vice President, Chief Financial Officer and Treasurer (“CFO”) as of May 13, 2020. Ms. Lind will remain with the Company through October 1 to ensure a smooth transition.

On May 7, 2020, the Company announced the appointment of Paul DeSantis as CFO, effective as of May 13, 2020. Mr. DeSantis, age 55, most recently served as Chief Financial Officer of OMNOVA Solutions, Inc., a global producer of emulsion polymers, specialty chemicals, and decorative and functional surfaces. Mr. DeSantis previously served as Chief Financial Officer, Treasurer & Assistant Corporate Secretary of Bob Evans Farms, Inc. and as Chief Financial Officer of the A. Schulman Company.

In connection with his appointment, Mr. DeSantis will participate in the Company’s long-term equity compensation plan on an ongoing basis pursuant to the terms of the Company’s 2018 Omnibus Stock and Incentive Compensation Plan, all as determined by the Company’s Compensation Committee.

With respect to the disclosure required pursuant to Item 404(a) of Regulation S-K, there are no transactions between the Company and Mr. DeSantis that would be required to be reported.

The press release announcing Ms. Lind's retirement and Mr. DeSantis' appointment is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01        Financial Statements and Exhibits

(d) Exhibits:

Exhibit No.        Description of Exhibit

99.1            Press Release dated May 7, 2020

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.

	NEENAH, INC.
	(Registrant)
Date: May 7, 2020	/s/ Noah S. Benz
	Noah S. Benz Senior Vice President, General Counsel and Secretary

EXHIBIT INDEX

Exhibit No.         Description of Exhibit

99.1            Press Release dated May 7, 2020

EX-99.1

Contact: Neenah, Inc.

Bill McCarthy

Vice President-Investor Relations

678-518-3278

Neenah Announces Retirement of Bonnie Lind, CFO,

on October 1 and Transition Plans

ALPHARETTA, GEORGIA - May 7, 2020 - Neenah, Inc. (NYSE: NP) announced today that Senior Vice President, Chief Financial Officer (CFO) and Treasurer Bonnie Lind has communicated her plans to retire. Ms. Lind will remain with Neenah through an October 1 retirement date to ensure a smooth transition.

“It’s been my pleasure and privilege to serve as Neenah’s CFO and be part of the company’s transformation from its origins as a pulp and paper company into a global leader in specialty material niche markets,” said Bonnie Lind. “Looking ahead, Neenah’s strong financial and competitive positions and its talented and dedicated employees make me confident of the company’s continued success.”

“Bonnie became CFO in 2004 when Neenah first became a public company and has been an integral part of the development and execution of our business strategies,” said John O’Donnell, Chief Executive Officer. “During this time, she developed a talented global financial organization and ensured we maintained a strong financial position with disciplined decision-making. I personally want to thank Bonnie for being a trusted advisor and business partner, and for her leadership, significant contributions and personal dedication throughout her career.”

The Company further announced today that it had appointed Paul DeSantis as Senior Vice President, Chief Financial Officer, and Treasurer, effective May 13, 2020. Mr. DeSantis most recently served as Chief Financial Officer at OMNOVA Solutions, and was in this role from 2014 until the company was acquired earlier this year. He has over 30 years of business and financial experience, including prior positions as CFO and in Treasury, Financial Planning & Analysis, international operations and acquisitions.

“Paul’s extensive experience and broad financial background will allow him to quickly get up to speed and contribute,” said Julie Schertell, Chief Operating Officer. “I’m confident of a successful transition and look forward to working with Paul as we continue to execute our strategies to drive long-term, profitable growth in a financially-disciplined manner.”

About Neenah  

Neenah is a leading global specialty materials company, focused on premium niche markets that value performance and image. Key products and markets include advanced filtration media, specialized performance substrates used for digital transfer, tape and abrasive backings, labels and other products, and premium printing and packaging papers. The Company is headquartered in Alpharetta, Georgia and its products are sold worldwide from manufacturing operations in the United States, Europe and the United Kingdom. Additional information can be found at the Company's web site, www.neenah.com.

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Cover Page	May 06, 2020
Cover page. [Abstract]
Document Type	8-K
Document Period End Date	May 06, 2020
Entity Registrant Name	NEENAH INC
Entity Incorporation, State or Country Code	DE
Entity File Number	001-32240
Entity Tax Identification Number	20-1308307
Entity Address, Address Line One	3460 Preston Ridge Road
Entity Address, City or Town	Alpharetta
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	30005
City Area Code	678
Local Phone Number	566-6500
Title of 12(b) Security	Common Stock
Trading Symbol	NP
Security Exchange Name	NYSE
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0001296435
Amendment Flag	false