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Mativ Holdings (NYSE: MATV) appoints Scott Minder as CFO in 2026

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(Neutral)
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Form Type
8-K

Rhea-AI Filing Summary

Mativ Holdings, Inc. is appointing Scott Minder as its new Chief Financial Officer, effective January 1, 2026, succeeding current CFO Gregory Weitzel, whose departure is effective December 31, 2025. Minder brings senior finance experience from Hyster-Yale, ATI, PPG Industries, Penske Logistics, and General Motors, along with management and MBA degrees from Kettering University and Duke University’s Fuqua School of Business.

Under his offer letter, Minder will receive an annual base salary of $550,000, a short-term incentive targeted at 70% of salary, and a long-term equity incentive targeted at 175% of salary, plus a $200,000 cash sign-on bonus, up to $125,000 in relocation assistance, and a $5,000 monthly living stipend for 18 months. The company states there are no special arrangements or family relationships behind his appointment and that Weitzel’s separation will be treated as an involuntary termination without cause under its Executive Severance Plan.

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Insights

CFO transition with defined pay and severance terms, but an experienced successor is already named.

Mativ Holdings is transitioning its finance leadership, with Gregory Weitzel departing as Chief Financial Officer on December 31, 2025 and Scott Minder stepping into the CFO role on January 1, 2026. The company characterizes Weitzel’s departure as an involuntary termination without cause under its Executive Severance Plan, which frames his exit within an established policy rather than a bespoke arrangement.

Minder’s compensation package combines fixed and variable elements: an annual base salary of $550,000, a short-term incentive targeted at 70% of salary, and a long-term equity award targeted at 175% of salary, plus a $200,000 cash sign-on bonus, up to $125,000 in relocation assistance, and a $5,000 monthly living stipend for 18 months. This mix links a substantial portion of his total opportunity to performance and equity, aligning him with shareholder outcomes as described.

The company states there are no special arrangements or family relationships tied to Minder’s appointment and no material related-party transactions requiring disclosure. Key timing points are the separation on December 31, 2025 and Minder’s start on January 1, 2026, with additional detail on Weitzel’s severance referenced in the “Termination Not in Connection with a Change of Control” section of the definitive proxy statement dated March 21, 2025.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

December 11, 2025

Date of Report (Date of earliest event reported)

1-13948

(Commission file number)

 

 

MATIV HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   62-1612879
(State or other jurisdiction
of incorporation)
  (I.R.S. Employer
Identification No.)
100 Kimball Place, Suite 600  
Alpharetta, Georgia   30009
(Address of principal executive offices)   (Zip Code)

1-770-569-4229

(Registrant’s telephone number, including area code)

Not Applicable

(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:

 

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, $0.10 par value   MATV   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).

☐ 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.

Appointment of Chief Financial Officer

On Tuesday, December 16, 2025, Mativ Holdings, Inc. (the “Company”) announced the appointment of Scott Minder as its Chief Financial Officer, effective as of January 1, 2026 (the “Effective Date”). Mr. Minder will succeed Gregory Weitzel in his role as Chief Financial Officer as of the Effective Date.

Mr. Minder most recently served as SVP, Chief Financial Officer and Treasurer for Hyster-Yale, Inc. (NYSE:HY), a global manufacturer of industrial equipment. Mr. Minder previously held financial leadership roles at ATI (NYSE: ATI), PPG Industries (NYSE: PPG), Penske Logistics, and General Motors. Mr. Minder received a Bachelor of Science in Management from Kettering University and a Master of Business Administration from the Fuqua School of Business at Duke University.

In connection with his appointment as Chief Financial Officer, the Company entered into an offer letter with Mr. Minder pursuant to which Mr. Minder will receive an annual base salary of $550,000, a short-term performance-based incentive bonus targeted at 70% of his annual base salary, and a long-term incentive award with a target grant date value 175% of his annual base salary and delivered in the same equity mix as the Company’s 2025 annual grants of long-term incentive awards to the Company’s other executive officers. In addition, Mr. Minder will receive a cash sign-on award in the amount of $200,000, relocation assistance under the Company’s Executive Relocation Policy in an amount not to exceed $125,000, and a monthly living stipend of $5,000 for an 18-month period. The offer letter also contains customary employment terms and conditions.

The foregoing description of Mr. Minder’s offer letter in this Item 5.02 is qualified in its entirety by reference to the full text of the offer letter, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

There are no arrangements or understandings between Mr. Minder and any other person pursuant to which Mr. Minder was appointed as Chief Financial Officer, there are no family relationships between Mr. Minder and any director or other executive officer of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Departure of Former Chief Financial Officer

In connection with the Company’s appointment of Mr. Minder, the Company announced that Gregory Weitzel, the Company’s Chief Financial Officer, would depart from the Company, effective as of December 31, 2025 (the “Separation Date”). For purposes of the Mativ Holdings, Inc. Executive Severance Plan (the “Executive Severance Plan”), Mr. Weitzel’s departure will be treated as an involuntary termination without “cause”, and he will be entitled to receive the severance benefits described under the caption “Termination Not in Connection with a Change of Control” in the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 21, 2025.

 

Item 7.01.

Regulation FD Disclosure.

On December 16, 2025, the Company issued a press release announcing the appointment of Mr. Minder as Chief Financial Officer and the departure of Mr. Weitzel. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information furnished pursuant to Item 7.01 of this Current Report on 8-K and in Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act, is not subject to the liabilities of that section and is not deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.


Item 9.01.

Financial Statements and Exhibits.

 

10.1+    Offer Letter, dated December 11, 2025, by and between the Company and Scott Minder
99.1    Press Release, dated December 16, 2025
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

+

Indicates management compensatory plan or arrangement.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Mativ Holdings, Inc.
(Registrant)
By:  

/s/ Mark W. Johnson

Name:   Mark W. Johnson
Title:   Chief Legal and Human Resources Officer and Corporate Secretary
Date:   December 16, 2025

FAQ

Who is becoming Chief Financial Officer of Mativ Holdings (MATV)?

Scott Minder has been appointed Chief Financial Officer of Mativ Holdings, Inc. He will succeed current CFO Gregory Weitzel in this role.

When will the CFO transition at Mativ Holdings (MATV) take effect?

The transition is scheduled so that Gregory Weitzel departs on December 31, 2025, and Scott Minder becomes CFO effective January 1, 2026.

What are the key compensation terms for new Mativ CFO Scott Minder?

Scott Minder will receive an annual base salary of $550,000, a short-term incentive targeted at 70% of salary, and a long-term equity incentive targeted at 175% of salary. He will also receive a $200,000 cash sign-on bonus, up to $125,000 in relocation assistance, and a $5,000 monthly living stipend for 18 months.

How is outgoing CFO Gregory Weitzel’s departure from Mativ Holdings (MATV) classified?

For purposes of the Mativ Holdings, Inc. Executive Severance Plan, Gregory Weitzel’s departure will be treated as an involuntary termination without “cause.” He is entitled to severance benefits described under the “Termination Not in Connection with a Change of Control” section of the company’s definitive proxy statement dated March 21, 2025.

Does Mativ disclose any special arrangements or relationships related to Scott Minder’s appointment?

Mativ states there are no arrangements or understandings with any other person pursuant to which Scott Minder was appointed CFO, no family relationships between him and any director or executive officer, and no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.

What is Scott Minder’s professional background before joining Mativ Holdings (MATV)?

Before joining Mativ, Scott Minder served as SVP, Chief Financial Officer and Treasurer of Hyster-Yale, Inc. He previously held financial leadership roles at ATI, PPG Industries, Penske Logistics, and General Motors, and holds a management degree from Kettering University and an MBA from Duke University’s Fuqua School of Business.

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