Fritz Schertel

Mativ Announces Completion of Sale of Engineered Papers Business

Retrieved on: 
Friday, December 1, 2023

Mativ Holdings, Inc. (NYSE: MATV) announced today that it has completed the sale of its Engineered Papers business to Evergreen Hill Enterprise, Pte.

Key Points: 
  • Mativ Holdings, Inc. (NYSE: MATV) announced today that it has completed the sale of its Engineered Papers business to Evergreen Hill Enterprise, Pte.
  • Ltd.
    Julie Schertell, CEO of Mativ, commented, “We are very pleased with the completion of the sale of Engineered Papers.
  • For Mativ, this is an important part of unlocking our strategy to become a leading manufacturer of specialty materials.
  • “It marks a key milestone in the transformation of Mativ and aligns with our strategy to focus our efforts, accelerate growth, and drive value for our shareholders.”

Ingersoll Rand Announces Addition of Julie Schertell and JoAnna Sohovich to Board of Directors

Retrieved on: 
Thursday, September 28, 2023

Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, today announced the appointment of Julie Schertell and JoAnna Sohovich to its Board of Directors effective October 2, 2023.

Key Points: 
  • Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, today announced the appointment of Julie Schertell and JoAnna Sohovich to its Board of Directors effective October 2, 2023.
  • Sohovich is the chair of the Board of Directors for Chamberlain Group, a global leader in smart access solutions across residential and commercial properties.
  • “I am excited to welcome Julie and JoAnna to our Board,” said Vicente Reynal, chairman and CEO of Ingersoll Rand.
  • We will benefit from both of their valuable perspectives as we continue to drive value through our compounder growth model.”

Mativ Announces Two Executive Appointments

Retrieved on: 
Tuesday, August 8, 2023

Mativ Holdings, Inc. (NYSE: MATV), a global leader in specialty materials, today announced two appointments to its executive leadership team.

Key Points: 
  • Mativ Holdings, Inc. (NYSE: MATV), a global leader in specialty materials, today announced two appointments to its executive leadership team.
  • Both Kapur and Johnson will report directly to Mativ chief executive officer Julie Schertell.
  • View the full release here: https://www.businesswire.com/news/home/20230808826391/en/
    “We’re excited to welcome Mark Johnson to Mativ as our new chief legal officer,” said Julie Schertell, president and chief executive officer of Mativ.
  • Ensuring that we have a holistic IT and digital strategy is critical to completing our integration as ‘one Mativ’ and executing on our growth plans.

Mativ Announces Relocation of Atlanta-Area Headquarters

Retrieved on: 
Monday, September 12, 2022

Mativ Holdings, Inc. (NYSE: MATV), a global leader in specialty materials, today announced the planned relocation of its corporate headquarters to a new location in Alpharetta, Georgia.

Key Points: 
  • Mativ Holdings, Inc. (NYSE: MATV), a global leader in specialty materials, today announced the planned relocation of its corporate headquarters to a new location in Alpharetta, Georgia.
  • Mativ is a ~$3 billion manufacturer of critical components and engineered solutions, the result of the successfully completed merger between Neenah, Inc. and Schweitzer-Mauduit International, Inc..
  • Mativ will lease 35,000-square feet at its new location at 100 Kimball Place in Alpharetta, combining more than 150 employees from locations at 3460 Preston Ridge Road (formerly Neenahs headquarters) and 100 North Point Center (formerly SWM Internationals headquarters), both also in Alpharetta.
  • With this relocation of its headquarters, Mativ will continue to have a strong presence in the local Atlanta area.

SWM and Neenah Complete Merger to Become Mativ, a ~$3 Billion Global Leader in Specialty Materials

Retrieved on: 
Wednesday, July 6, 2022

Mativ has approximately $3 billion in sales, supporting customers in more than 100 countries, and manufacturing capabilities on four continents.

Key Points: 
  • Mativ has approximately $3 billion in sales, supporting customers in more than 100 countries, and manufacturing capabilities on four continents.
  • View the full release here: https://www.businesswire.com/news/home/20220706005225/en/
    Pursuant to the merger agreement, Neenah shareholders received 1.358 shares of SWM common stock for each share of Neenah common stock owned.
  • This merger is a unique opportunity to boldly reimagine our future as a stronger and faster-growing global enterprise.
  • Mativ Holdings, Inc. is a global leader in specialty materials headquartered in Alpharetta, Georgia.