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Sealed Air Executive Compensation (FY24)

SEE · Executive and director compensation, fiscal 2024 only

The paid brief on Sealed Air

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 4, 2026Latest filing (DEF 14A): April 17, 2025
1 filing cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Sealed Air brief$1,500Get the executive brief
171 figures on this page, cited to the filing that reported them. See the citations
Chief executive, fiscal 2024
Patrick Kivits
Median of the other named officers
$1,974,970
7 officers, excluding the chief executive

More on Sealed Air

Five data products on this company. Each one is requested through the developer setup page.

Frequently asked questions

Answers drawn from the data on this page.
Who is Sealed Air's chief executive and what were they paid?
Patrick Kivits, Chief Executive Officer, received $12,820,613 in total compensation for fiscal 2024.
Which companies are in Sealed Air's peer group?
The disclosed peer group names AptarGroup, Inc., Ashland Inc., Avery Dennison Corporation, Avient Corporation and Axalta Coating Systems Ltd., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Patrick Kivits
Chief Executive Officer
Dustin Semach
President and Chief Financial Officer
Emile Chammas
Senior Vice President and Chief Operating Officer
Steven Flannery
President, Food
Jannick Thomsen
Former Chief People and Digital Officer
Departed during or after this year
Tobias Grasso
Former Americas President
Departed during or after this year
Byron Racki
President, Protective
Veronika Johnson
Chief Accounting Officer and Controller
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Byron J. RackiPSU
Byron J. RackiRSU
Dustin J. SemachRSU
Dustin J. SemachRSU
Dustin J. SemachRSU
Dustin J. SemachPSU
Emile Z. ChammasRSU
Emile Z. ChammasRSU
Emile Z. ChammasPSU
Jannick C. ThomsenPSU
Jannick C. ThomsenRSU
Patrick M. KivitsRSU
Patrick M. KivitsRSU
Patrick M. KivitsPSU
Steven E. FlanneryRSU
Tobias Grasso JrRSU
Tobias Grasso JrPSU
Veronika JohnsonPSU
Veronika JohnsonRSU
Veronika JohnsonRSU
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Veronika JohnsonRSU
RSU
RSU
RSU
RSU
RSU
PSU
Patrick KivitsRSU
RSU
Dustin SemachRSU
RSU
RSU
RSU
RSU
RSU
Emile ChammasRSU
RSU
PSU
RSU
RSU
RSU
RSU
Byron RackiRSU
Steven FlanneryPSU
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer
Board equity retainer
Total board retainer
Board chair premium
Audit committee chair
Audit committee member
Compensation committee chair
Compensation committee member
Nominating and governance member
Equity is delivered as Common Stock.
Stock ownership guideline: 5x annual cash retainer ($550,000 for other directors; $895,000 for Chair)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • AptarGroup, Inc. ATR
  • Ashland Inc. ASH
  • Avery Dennison Corporation AVY
  • Avient Corporation AVNT
  • Axalta Coating Systems Ltd. AXTA
  • Ball Corporation BALL
  • Berry Global Group, Inc. BERY
  • Crown Holdings, Inc. CCK
  • Dover Corporation DOV
  • Fortive Corporation FTV
  • Graphic Packaging Holding Company GPK
  • Greif, Inc. GEF
  • Minerals Technologies, Inc. MTX
  • O-I Glass, Inc. OI
  • Packaging Corporation of America PKG
  • Reynolds Consumer Products Inc. REYN
  • Silgan Holdings Inc. SLGN
  • Sonoco Products Co. SON
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What this page does not include

Everything above is a fact Sealed Air disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Sealed Air sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Whether Sealed Air's disclosed peer group is defensible, who names Sealed Air back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
171 figures on this page, cited to the filing that reported them.
171 cited to the filing

Documents cited

  1. 0001140361-25-014374
    2024 Summary Compensation Table · Director Compensation · Grants of Plan-Based Awards · Grants of Plan-Based Awards in 2024 · and 2 more sections
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Sealed Air executive compensation, FY2024.” https://intel.velarion.ai/comp/SEE (accessed 2026).
Short form: data: Velarion

The paid brief for Sealed Air

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
1 filing cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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The headline figures, each with its citation.
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Peers Sealed Air discloses

The companies named in SEE's own disclosed peer group.

AptarGroup, Inc.Ashland Inc.Avery Dennison CorporationAvient CorporationAxalta Coating Systems Ltd.Ball CorporationBerry Global Group, Inc.Crown Holdings, Inc.Dover CorporationFortive CorporationGraphic Packaging Holding CompanyGreif, Inc.Minerals Technologies, Inc.O-I Glass, Inc.Packaging Corporation of AmericaReynolds Consumer Products Inc.Silgan Holdings Inc.Sonoco Products Co.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy