Business Context and Reporting Period
This Form 8-K Current Report, filed on December 11, 2025, by Mativ Holdings, Inc. (NYSE: MATV), discloses significant executive leadership changes. The report details the appointment of a new Chief Financial Officer (CFO) and the departure of the incumbent CFO, with events announced on December 16, 2025.
Key Financial Metrics and Compensation
This filing does not contain operational financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The financial data provided relates exclusively to the compensation package for the newly appointed CFO, Scott Minder, effective January 1, 2026:
- Annual Base Salary: $550,000
- Short-Term Incentive: Targeted at 70% of annual base salary
- Long-Term Incentive: Target grant date value of 175% of annual base salary
- Sign-On Award: $200,000 cash
- Relocation Assistance: Up to $125,000
- Living Stipend: $5,000 per month for 18 months
Material Changes
The primary material change is the transition of the Chief Financial Officer role:
- Appointment: Scott Minder is appointed as CFO, effective January 1, 2026. He previously served as SVP, CFO, and Treasurer for Hyster-Yale, Inc.
- Departure: Gregory Weitzel will depart as CFO effective December 31, 2025.
- Severance: Mr. Weitzel's departure is classified as an involuntary termination without "cause" under the Executive Severance Plan, entitling him to specific severance benefits outlined in the company's March 21, 2025 proxy statement.
Outlook, Risks, and Contingencies
The filing does not provide updated financial guidance, outlook, or management commentary on business performance. It notes that the press release regarding these appointments is furnished under Regulation FD and is not deemed "filed" for liability purposes under Section 18 of the Exchange Act. No specific risks or contingencies related to the company's operations are disclosed in this document.
Investor Verification Checklist
- Verify the specific severance benefits payable to Gregory Weitzel by reviewing the definitive proxy statement filed on March 21, 2025.
- Review the full text of the Offer Letter (Exhibit 10.1) for detailed employment terms and conditions.
- Confirm the transition timeline to ensure continuity of financial reporting between December 31, 2025, and January 1, 2026.
- Check subsequent filings for any impact on executive compensation expense in the 2026 fiscal year.