Sealed Air announced that its board of directors and Ted Doheny have mutually agreed to transition the company’s leadership. Doheny has stepped down as president and CEO and as a member of the board, effective immediately. He will continue to serve SEE in an advisory capacity to assist in the transition. Effective immediately, Emile Chammas, COO, and Dustin Semach, CFO, are appointed interim co-presidents and co-CEOs, in addition to their current roles. The board is undertaking a comprehensive search, internally and externally, with the assistance of an executive search firm to identify SEE’s next CEO.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SEE:
- Early notable gainers among liquid option names on October 24th
- Sealed Air assumed with a Market Perform at Raymond James
- Sealed Air price target lowered to $51 from $53 at Jefferies
- Sealed Air price target lowered to $43 from $47 at BofA
- Sealed Air price target lowered to $40 from $45 at RBC Capital