AptarGroup (ATR) hires Aditya Gandhi as new chief accounting officer
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
AptarGroup, Inc. appointed Aditya J. Gandhi as Vice President, Chief Accounting Officer, effective June 8, 2026, succeeding Daniel Ackerman, who is moving to another leadership role within the Aptar finance organization. Gandhi will serve as principal accounting officer and report to CFO Vanessa Kanu.
Gandhi, age 46, previously served as Chief Accounting Officer of Sonoco Products Company and held senior roles at WestRock, General Electric and Deloitte. His offer includes a one-time cash sign-on bonus of $105,000 and a one-time equity award with a grant-date fair value of $715,000, split into $305,000 in restricted stock units and $410,000 in performance-based restricted stock units.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective date: June 8, 2026
Aditya Gandhi age: 46 years
Sign-on bonus: $105,000
+4 more
7 metrics
Effective date
June 8, 2026
Start date as Vice President, Chief Accounting Officer
Aditya Gandhi age
46 years
Age of newly appointed Chief Accounting Officer
Sign-on bonus
$105,000
One-time cash bonus payable within 60 days after effective date
Total equity award
$715,000
Aggregate grant-date fair value of one-time equity award
RSU portion
$305,000
Restricted stock units under 2018 Equity Incentive Plan
Performance-based RSU portion
$410,000
Performance-based restricted stock units under 2018 Equity Incentive Plan
Offer letter date
May 10, 2026
Date of offer letter outlining compensation terms
Key Terms
principal accounting officer, restricted stock units, performance-based restricted stock units, 2018 Equity Incentive Plan, +1 more
5 terms
principal accounting officer financial
"In this role, Mr. Gandhi will serve as the Company’s principal accounting officer"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
restricted stock units financial
"consisting of $305,000 in restricted stock units and $410,000 in performance-based restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"consisting of $305,000 in restricted stock units and $410,000 in performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
2018 Equity Incentive Plan financial
"a one-time equity award under the Company’s 2018 Equity Incentive Plan with an aggregate grant-date fair value of $715,000"
Item 404(a) of Regulation S-K regulatory
"no direct or indirect interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"
FAQ
Who did AptarGroup (ATR) appoint as Chief Accounting Officer?
AptarGroup appointed Aditya J. Gandhi as Vice President, Chief Accounting Officer, effective June 8, 2026. He will serve as the company’s principal accounting officer and report to Executive Vice President and Chief Financial Officer, Vanessa Kanu, reflecting a leadership change in the finance organization.
When does Aditya Gandhi’s new role at AptarGroup (ATR) become effective?
Aditya Gandhi’s appointment as Vice President, Chief Accounting Officer becomes effective on June 8, 2026. From that date he will assume responsibilities as principal accounting officer, succeeding Daniel Ackerman, who is transitioning to another leadership role within AptarGroup’s finance organization.
What sign-on bonus will AptarGroup’s new Chief Accounting Officer receive?
Aditya Gandhi will receive a one-time cash sign-on bonus of $105,000, payable within 60 days following his June 8, 2026 effective date. The bonus is subject to pro rata repayment if he voluntarily leaves AptarGroup before completing two years of service with the company.
What equity compensation is AptarGroup (ATR) granting to Aditya Gandhi?
AptarGroup will grant Aditya Gandhi a one-time equity award with an aggregate grant-date fair value of $715,000, including $305,000 in restricted stock units and $410,000 in performance-based restricted stock units, under the company’s 2018 Equity Incentive Plan.
What is Aditya Gandhi’s professional background before joining AptarGroup (ATR)?
Before joining AptarGroup, Aditya Gandhi was Chief Accounting Officer at Sonoco Products Company. He previously held senior accounting roles at WestRock, served as a senior technical advisor at General Electric, and worked at Deloitte & Touche and its affiliates.