SEE Announces Retirement of CFO Christopher J. Stephens

SEE (NYSE: SEE) today announced that Christopher J. Stephens, SEE’s Senior Vice President and Chief Financial Officer, has informed the Company of his intent to retire.

Stephens will continue in his role as Senior Vice President and Chief Financial Officer until a successor is in place to ensure a seamless and successful transition of responsibilities. The Company has retained a leading executive search firm to assist in conducting a comprehensive search process to identify Stephens’ successor, with both internal and external candidates being considered.

“Chris has played an instrumental role in the development of our SEE Operating Model and ongoing transformation to become a world-class digitally-driven company automating sustainable packaging solutions,” said SEE President and Chief Executive Officer Ted Doheny. “Our entire team wishes Chris all the best as he and his family move into the next phase of their life after a long and successful career. I appreciate his full support as we initiate a search for his successor.”

“I want to thank Chris for his contributions and collaboration with the Audit Committee and Board,” said Chairman of the Board Henry Keizer. “He has continuously strengthened SEE’s financial organization, and on behalf of the Board, I wish him a great retirement.”

Stephens added, “I could not be more proud of everything the Company has accomplished over the last couple of years. We have an extremely strong finance team and SEE is well-positioned for its next phase of growth and success guided by a clear strategy. I remain a tremendous supporter of the Company, its leadership and direction. While I look forward to my retirement, I am committed to SEE and continuing my full involvement until a successor has been identified to ensure a smooth transition.”

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, SEE Automation solutions and prismiq smart packaging and digital printing.

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