{"id":387411,"date":"2020-11-24T07:03:24","date_gmt":"2020-11-24T12:03:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=387411"},"modified":"2020-11-24T07:03:24","modified_gmt":"2020-11-24T12:03:24","slug":"sealed-air-corporation-names-christopher-j-stephens-chief-financial-officer-designate-succeeding-james-m-sullivan","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sealed-air-corporation-names-christopher-j-stephens-chief-financial-officer-designate-succeeding-james-m-sullivan\/","title":{"rendered":"Sealed Air Corporation Names Christopher J. Stephens Chief Financial Officer Designate Succeeding James M. Sullivan"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sealed Air Corporation Names Christopher J. Stephens Chief Financial Officer Designate <\/b><b>Succeeding James M. Sullivan<\/b><\/p>\n<p>CHARLOTTE, N.C.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSealed Air Corporation (NYSE: SEE) today announced that Christopher J. Stephens will be joining the company as chief financial officer designate, effective January 1, 2021, succeeding current CFO James M. Sullivan.\n<\/p>\n<p>\nStephens has more than 30 years of experience in leadership roles in aerospace, industrial and manufacturing sectors. For the past 11 years he has served as SVP and CFO at Barnes Group, a global provider of highly engineered products, technologies and innovative solutions serving a wide range of industries, including aerospace, transportation, manufacturing, automation and packaging. Prior to Barnes Group, he held leadership roles at Fortune 500 companies, including Honeywell, The Boeing Company, Allied Signal and Ingersoll Rand.\n<\/p>\n<p>\n\u201cChris brings a wealth of financial and operational knowledge to the table and an impressive record of driving operational success,\u201d said Ted Doheny, President &amp; CEO of Sealed Air. \u201cChris will be a strong addition to our leadership team as we accelerate our Reinvent SEE business transformation to world-class performance.\u201d\n<\/p>\n<p>\n\u201cI am excited to join Ted and the talented team at Sealed Air. I look forward to contributing to the future success of the company by helping to drive sustainable, profitable growth,\u201d said Stephens.\n<\/p>\n<p>\nStephens holds a bachelor\u2019s degree in accounting from King\u2019s College and an MBA in Corporate Finance from Virginia Tech\u2019s Pamplin School of Business. He is a Certified Public Accountant and a member of the Advisory Board at Fairfield University\u2019s Dolan School of Business.\n<\/p>\n<p>\nCurrent CFO James Sullivan has been in his role with Sealed Air since June 2019. Following the filing of Sealed Air\u2019s Annual Report on Form 10-K for 2020, he will transition to a non-executive advisory role until the end of Q1 2021 and will work alongside Stephens to ensure a seamless transition of responsibilities.\n<\/p>\n<p>\n\u201cI would like to thank Jim for his leadership at a critical time for the company,\u201d said Doheny. \u201cAs a result of Jim\u2019s contributions, we are well on our way to driving growth through new opportunities in automation, digital and sustainability.\u201d\n<\/p>\n<p><b>About Sealed Air<\/b><\/p>\n<p>\nSealed Air is in business to protect, to solve critical packaging challenges and to leave our world better than we found it. Our portfolio of leading packaging solutions includes CRYOVAC\u00ae brand food packaging, SEALED AIR\u00ae brand protective packaging, AUTOBAG\u00ae brand automated systems, and BUBBLE WRAP\u00ae brand packaging, which collectively enable a safer, more efficient food supply chain and protect valuable goods shipped around the world. Sealed Air generated $4.8 billion in sales in 2019 and has approximately 16,500 employees who serve customers in 124 countries. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sealedair.com&amp;esheet=52335929&amp;newsitemid=20201124005520&amp;lan=en-US&amp;anchor=www.sealedair.com&amp;index=1&amp;md5=0b439fcab9da9db30ac84a1ad2f9fb89\">www.sealedair.com<\/a>.\n<\/p>\n<p><b>Website Information<\/b><\/p>\n<p>\nWe routinely post important information for investors on our website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sealedair.com&amp;esheet=52335929&amp;newsitemid=20201124005520&amp;lan=en-US&amp;anchor=www.sealedair.com&amp;index=2&amp;md5=f07130e5c49e958b0916ca03fac1f296\">www.sealedair.com<\/a>, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.\n<\/p>\n<p><b>Forward-Looking Statements <\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements\u201d within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 concerning our business, consolidated financial condition and results of operations. Forward-looking statements are subject to risks and uncertainties, many of which are outside our control, which could cause actual results to differ materially from these statements. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by such words as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cplan,\u201d \u201cassume,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cpotential,\u201d \u201cseek,\u201d \u201cpredict,\u201d \u201cmay,\u201d \u201cwill\u201d and similar references to future periods. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding expected future operating results, expectations regarding the results of restructuring and other programs, anticipated levels of capital expenditures and expectations of the effect on our financial condition of claims, litigation, environmental costs, contingent liabilities and governmental and regulatory investigations and proceedings.\n<\/p>\n<p>\nThe following are important factors that we believe could cause actual results to differ materially from those in our forward-looking statements: global economic and political conditions, currency translation and devaluation effects, changes in raw material pricing and availability, competitive conditions, the success of new product offerings, consumer preferences, the effects of animal and food-related health issues, the effects of epidemics or pandemics, including the COVID-19, changes in energy costs, environmental matters, the success of our restructuring activities, the success of our financial growth, profitability, cash generation and manufacturing strategies and our cost reduction and productivity efforts, changes in our credit ratings, the tax benefit associated with the Settlement agreement (as defined in our 2019 Annual Report on Form 10-K), regulatory actions and legal matters and the other information referenced in the \u201cRisk Factors\u201d section appearing in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, and as revised and updated by our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Any forward-looking statement made by us is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future developments or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201124005520r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201124005520\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201124005520\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/>Lori Chaitman<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lori.chaitman@sealedair.com\">lori.chaitman@sealedair.com<br \/>\n<\/a><br \/>516.458.4455\n<\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Christina Griffin<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Christina.griffin@sealedair.com\">Christina.griffin@sealedair.com<br \/>\n<\/a><br \/>704.430.5742\n<\/p>\n<p><b>KEYWORDS:<\/b> North Carolina United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Packaging Chemicals\/Plastics Other Manufacturing Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201124005520\/en\/789103\/3\/SEE_Logo_Dual.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sealed Air Corporation Names Christopher J. Stephens Chief Financial Officer Designate Succeeding James M. Sullivan CHARLOTTE, N.C.&#8211;(BUSINESS WIRE)&#8211; Sealed Air Corporation (NYSE: SEE) today announced that Christopher J. Stephens will be joining the company as chief financial officer designate, effective January 1, 2021, succeeding current CFO James M. Sullivan. Stephens has more than 30 years of experience in leadership roles in aerospace, industrial and manufacturing sectors. For the past 11 years he has served as SVP and CFO at Barnes Group, a global provider of highly engineered products, technologies and innovative solutions serving a wide range of industries, including aerospace, transportation, manufacturing, automation and packaging. Prior to Barnes Group, he held leadership roles at Fortune 500 companies, including Honeywell, The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sealed-air-corporation-names-christopher-j-stephens-chief-financial-officer-designate-succeeding-james-m-sullivan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sealed Air Corporation Names Christopher J. Stephens Chief Financial Officer Designate Succeeding James M. Sullivan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-387411","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sealed Air Corporation Names Christopher J. Stephens Chief Financial Officer Designate Succeeding James M. 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Stephens will be joining the company as chief financial officer designate, effective January 1, 2021, succeeding current CFO James M. Sullivan. Stephens has more than 30 years of experience in leadership roles in aerospace, industrial and manufacturing sectors. For the past 11 years he has served as SVP and CFO at Barnes Group, a global provider of highly engineered products, technologies and innovative solutions serving a wide range of industries, including aerospace, transportation, manufacturing, automation and packaging. Prior to Barnes Group, he held leadership roles at Fortune 500 companies, including Honeywell, The &hellip; Continue reading &quot;Sealed Air Corporation Names Christopher J. Stephens Chief Financial Officer Designate Succeeding James M. 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