8-K
TREDEGAR CORP false 0000850429 0000850429 2025-01-09 2025-01-09

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 15, 2025 (January 9, 2025)

 

 

Tredegar Corporation

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Virginia   1-10258   54-1497771

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1100 Boulders Parkway

Richmond, Virginia

  23225
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (804) 330-1000

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common stock, no par value   TG   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 9, 2025, the Board of Directors (the “Board”) of Tredegar Corporation (the “Company”) increased the size of the Board from six to seven and elected Christine R. Vlahcevic as director of the Company, in each case, effective immediately. Ms. Vlahcevic will be named to one or more committees of the Board at the next scheduled Board meeting.

The Board affirmatively determined that Ms. Vlahcevic qualifies as an independent director under the Company’s director independence standards and the applicable rules of the New York Stock Exchange. There are no arrangements or understandings between Ms. Vlahcevic and any other persons pursuant to which she was selected as a director. Additionally, there are no transactions involving the Company and Ms. Vlahcevic that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.

Ms. Vlahcevic will be compensated for her service on the Board pursuant to the Company’s existing compensation program for non-employee directors, which is described under “Compensation of Directors” in the Company’s proxy statement for the 2024 Annual Meeting of Shareholders (filed with the Securities and Exchange Commission on March 26, 2024), as adjusted by the Board from time to time.

 

Item 7.01.

Regulation FD Disclosure.

On January 15, 2025, in connection with Ms. Vlahcevic’s election to the Board, the Company issued a press release, a copy of which is attached as Exhibit 99.1 and incorporated by reference in this Item 7.01.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

 

Item 9.01.

Financial Statement and Exhibits.

 

  (d)

Exhibits.

 

99.1    Press release issued on January 15, 2025.
104    Cover Page Interactive Data File (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.

 

 

    TREDEGAR CORPORATION

 

   

 

  (Registrant)
Date: January 15, 2025     By:  

/s/ Kevin C. Donnelly

 

   

 

  Kevin C. Donnelly

 

   

 

 

Executive Vice President, General Counsel and

Corporate Secretary

EX-99.1

Exhibit 99.1

 

LOGO    LOGO
Tredegar Corporation    Contact:
Corporate Communications    Neill Bellamy
1100 Boulders Parkway    Phone: 804-330-1211
Richmond, Virginia 23225    E-mail: neill.bellamy@tredegar.com
Website: www.tredegar.com   

FOR IMMEDIATE RELEASE

TREDEGAR APPOINTS CHRIS VLAHCEVIC TO BOARD OF DIRECTORS

RICHMOND, VA, January 15, 2025 – Tredegar Corporation (NYSE:TG) today announced that it has appointed Chris Vlahcevic as an independent director to its Board of Directors.

“Chris’s financial and technical expertise make her a valuable addition to the Board,” said Greg Pratt, Chairman of the Board. “I welcome her to Tredegar on behalf of the entire board and look forward to working with her to enhance Tredegar’s value for our shareholders.”

About Chris Vlahcevic

Chris Vlahcevic served as Senior Vice President, Finance and Chief Accounting Officer, for Performance Food Group from 2015 to 2023 before retiring from the company in 2024. Prior to her role at Performance Food Group, Ms. Vlahcevic held financial leadership roles for organizations in the biotechnology, financial services, manufacturing and nonprofit sectors. Ms. Vlahcevic holds a Bachelor of Science degree from the McIntire School of Commerce at the University of Virginia and is a certified public accountant.

About Tredegar

Tredegar Corporation is an industrial manufacturer with two primary businesses: custom aluminum extrusions for the North American building & construction, automotive and specialty end-use markets and surface protection films for high-technology applications in the global electronics industry. With approximately 1,500 employees, the Company operates manufacturing facilities in North America and Asia.

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