Ranpak Holdings Corp filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 8, 2025, Ranpak Holdings Corp. (the “Company”) announced that Mark Siebert will be departing as the Company’s Managing Director, North America, effective on May 16, 2025. Mr. Siebert’s departure does not involve a disagreement on any matter relating to the Company’s operations, policies or practices. In connection with his departure, Mr. Siebert and the Company agreed to a separation agreement and general release. The separation agreement and general release provides that in connection with Mr. Siebert’s departure, his outstanding annual equity awards with respect 9,828 restricted stock units scheduled to vest in March 2026 will continue to vest under the terms of the 2019 Omnibus Incentive Plan and the applicable award agreements.
The foregoing description of the separation agreement and general release with Mr. Siebert contained herein does not purport to be complete and is qualified in its entirety by reference to the complete text of the agreement which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
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Exhibit No. |
Description | |
| 10.1 | Separation Agreement and General Release by and between the Company and Mark Siebert, dated May 7, 2025 | |
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RANPAK HOLDINGS CORP. | ||
| Date: May 8, 2025 | By: |
/s/ William Drew |
| William Drew | ||
| Executive Vice President and Chief Financial Officer | ||