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Materials & Chemicals

Sealed Air Executive Compensation (FY24)

SEE · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024
◇
Patrick Kivits
Median of the other named officers
$1,974,970
7 officers, excluding the chief executive
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Data as of November 4, 2026Latest filing (DEF 14A): April 17, 2025
2 filings cited on this page
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252 figures on this page, cited to the filing that reported them. See the citations

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 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Doheny
Former President and CEO
◇—◇———◇◇
Emile Chammas
Interim Co-President and Co-CEO and COO
Served on an interim basis
◇—◇—◇—◇◇
Jannick Thomsen
VP Chief People and Digital Officer
◇◇◇—◇—◇◇
Christopher Stephens
Former CFO
◇—◇—◇—◇◇
Sergio Pupkin
SVP, Chief Growth and Strategy Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward Doheny
Former President and CEO
Departed during or after this year
◇—◇—◇—◇◇
Emile Chammas
Interim Co-President and Co-CEO and COO
Served on an interim basis
◇◇◇—◇—◇◇
Dustin Semach
Interim Co-President and Co-CEO and CFO
Served on an interim basis
◇◇◇—◇—◇◇
Jannick Thomsen
VP Chief People and Digital Officer
◇—◇—◇—◇◇
Sergio Pupkin
SVP, Chief Growth and Strategy Officer
◇—◇———◇◇
Tobias Americas
President
◇—◇—◇—◇◇
Christopher Stephens
Former CFO
Departed during or after this 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◇——◇——◇
Fiscal 2023 are included in the PDF.
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
Patrick KivitsRSU◇◇——
RSU◇◇——
Steven FlanneryPSU◇◇——
Dustin SemachRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Emile ChammasRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Byron RackiRSU◇◇——
Veronika JohnsonRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Henry R. Keizer
Board chair
◇◇————◇
Suzanne B. Rowland
◇◇————◇
Kevin C. Berryman
◇◇————◇
Zubaid Ahmad
◇◇————◇
Harry A. Lawton III
◇◇————◇
Francoise Colpron
◇◇————◇
Clay M. Johnson
◇◇————◇
Anthony J. Allott
◇◇————◇
Dustin J. Semach served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
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.

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 BLL
  • 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. MLM
  • 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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Sample answer — “What is the CEO’s total compensation?”
- Patrick Kivits (Chief Executive Officer), FY2024 total compensation $12,820,613 (base salary $550,000) [exec_comp, SEC accession 0001140361-25-014374, filed 2025-04-17]

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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
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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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.
252 figures on this page, cited to the filing that reported them.
252 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 1 more section
  2. 0001140361-24-019241
    Executive Compensation Tables
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Sealed Air executive compensation, FY2022–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.
$500 for the Executive Compensation Report. Both reports for $900.
Get the executive briefGet the board briefNo account needed.
2 filings 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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Materials & Chemicals rankings

Chief executive pay — Materials & ChemicalsCEO pay ratio — Materials & ChemicalsSay-on-pay support — Materials & Chemicals

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

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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}
}
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