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)     November 30, 2009

Tredegar Corporation

(Exact Name of Registrant as Specified in its Charter)

Virginia	1-10258	54-1497771
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1100 Boulders Parkway Richmond, Virginia	23225
(Address of Principal Executive Offices)	(Zip Code)

Registrant's telephone number, including area code: (804) 330-1000

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 (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))

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

On November 30, 2009, Tredegar Corporation (the “Company”) announced that John D. Gottwald plans to retire as the Company’s President and Chief Executive Officer, effective as of January 31, 2010.  The Company also announced that Nancy M. Taylor, who currently serves as Executive Vice President of the Company and President of Tredegar Film Products Corporation, has been appointed by the Company’s Board of Directors to be the Company’s President and Chief Executive Officer, effective as of January 31, 2010.  A copy of the press release issued by the Company on November 30, 2009 is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Ms. Taylor, 49, was appointed Executive Vice President of the Company effective January 1, 2009.  She was elected President of Tredegar Film Products Corporation effective April 5, 2005.  Ms. Taylor served as Senior Vice President, Strategy and Special Projects of the Company from November 1, 2004 until April 5, 2005.  Ms. Taylor served as Managing Director, European Operations, of Tredegar Film Products Corporation from January 1, 2003 until November 1, 2004.  Ms. Taylor served as Vice President, Administration and Corporate Development of the Company from September 10, 2001 until February 12, 2003.  Ms. Taylor served as the Company’s Secretary from February 24, 1994 until February 12, 2003.  She served as Vice President, Law of the Company from November 18, 1998 until September 10, 2001, and served as the Company’s General Counsel from May 22, 1997 until July 25, 2000.  Ms. Taylor joined the Company as Assistant General Counsel in 1991.

Item 9.01               Financial Statements and Exhibits.

 (d)              Exhibits.

99.1           Press release issued by the Company on November 30, 2009.

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.

Date:  December 2, 2009

TREDEGAR CORPORATION

By:    /s/ A. Brent King                        

A. Brent King

Vice President, General Counsel and Secretary

EXHIBIT INDEX

Exhibit Number                                Exhibit

99.1 Press release issued by the Company on November 30, 2009.

EX-99.1

Exhibit 99.1

 

Tredegar Corporation
Corporate Communications
1100 Boulders Parkway Richmond, Virginia 23225 E-mail: invest@tredegar.com Web Site: www.tredegar.com Contact:
D. Andrew Edwards
Phone: 804/330-1041 Fax: 804/330-1177 E-mail: daedward@tredegar.com  

FOR IMMEDIATE RELEASE

JOHN D. GOTTWALD RETIRING AS TREDEGAR PRESIDENT AND CEO, NANCY M. TAYLOR APPOINTED AS SUCCESSOR

RICHMOND, Va., Nov. 30, 2009 -- Tredegar Corporation (NYSE:TG) announced that John D. Gottwald plans to retire as Tredegar’s president and chief executive officer.  Mr. Gottwald, 55, joined Tredegar in 1989 and served as president and chief executive officer from 1989 to 2001 and from 2006 to the present.  He will continue to serve as a member of Tredegar’s board of directors and its executive committee.

Tredegar’s board of directors has appointed Nancy M. Taylor to succeed Mr. Gottwald as Tredegar’s president and chief executive officer.  Ms. Taylor, 49, currently serves as executive vice president of Tredegar and as president of its largest operating division, Tredegar Film Products.  Ms. Monica Moretti, 40, currently vice president and general manager, Consumer Care, of Tredegar Film Products, will be promoted to president of Tredegar Film Products, replacing Ms. Taylor.  All changes were approved by Tredegar’s board of directors today and will be effective January 31, 2010.

Mr. Gottwald said:  “I want to thank the board of directors for the privilege of serving the company and all the employees who have dedicated themselves to the company.”

Mr. Richard L. Morrill, chairman of the board of directors of Tredegar, said:  “We congratulate John on his retirement and are thankful to have his continued service on the board of directors.  We are fortunate to have Nancy Taylor as John’s successor.  Nancy brings extraordinary talent, vision and experience to her new position.  She has worked tirelessly for the company in various roles and her experience in leading Tredegar Film Products and her strategic contributions as executive vice president of the company give the Board of Directors the utmost confidence in her.  Nancy’s many accomplishments in leading Tredegar Film Products include improving its financial performance and strengthening its leadership team and its customer relationships.  We believe that Nancy’s selection evidences the strength of the company’s succession planning process.”

Ms. Taylor said:  “It is an honor to follow John as the president and chief executive officer of Tredegar.  I’m delighted to have the opportunity to lead Tredegar and I’m looking forward to building on the strong foundation we have created over the years.”  Regarding Ms. Moretti’s appointment as

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GOTTWALD RETIRING, page 2

president of Tredegar Film Products, Ms. Taylor said:  “Monica has made significant contributions to Tredegar Film Products and I am extremely pleased to announce her new role with the company.”

Mr. Gottwald joined Tredegar in 1989 as president and chief executive officer and served in such role until 2001.  In 2001, he was elected chairman of the board of directors and served Tredegar in such capacity until 2006.  In 2006, Mr. Gottwald was again appointed as the company’s president and chief executive officer.  Prior to joining Tredegar, he was vice president of aluminum, plastics and energy at Ethyl Corporation.  Mr. Gottwald has served on Tredegar’s board since 1989.  He received a B.A. degree from Washington & Lee University and an M.B.A. from the University of Richmond.

Ms. Taylor joined Tredegar in 1991 as assistant general counsel and was named general counsel in 1997 and appointed vice president, law in 1998.  She was named vice president, administration and corporate development in 2001.  In early 2003, Ms. Taylor became managing director, Europe, for Tredegar Film Products, where she was responsible for all film operations in Europe.  Ms. Taylor returned to Richmond at the end of 2004 after being named senior vice president for strategy and special projects.  In 2005, she became president of Tredegar Film Products, and in 2009 she was appointed executive vice president of Tredegar.  Ms. Taylor received a B.A. degree from College of the Holy Cross and a law degree from Catholic University of America.

Ms. Moretti joined Tredegar Film Products in early 2008 as its general manager, Hygienics.  In late 2008, she was promoted to divisional vice president and general manager, Consumer Care.  Prior to joining Tredegar Film Products, Ms. Moretti had global sales and marketing management responsibilities with multi-national manufacturing companies.  Ms. Moretti received a business administration degree from Universita’ di Pavia in Italy.

Based in Richmond, Va., Tredegar Corporation is a global manufacturer of plastic films and aluminum extrusions.

FORWARD-LOOKING AND CAUTIONARY STATEMENTS

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:

This news release may contain "forward-looking statements" regarding Tredegar Corporation's business.  These statements are not historical facts, but statements that involve risks and uncertainties.  Actual results could differ materially from those included in these forward-looking statements.  For a discussion of such risks and uncertainties, see "Forward-looking and Cautionary Statements" in the company's Annual Report on Form 10-K for the most recently ended fiscal year.

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