O-I Glass (NYSE: OI) outlines garden-leave exit for senior sales and marketing chief
Rhea-AI Filing Summary
O-I Glass, Inc. reported an organizational change involving one of its senior leaders. Effective March 4, 2026, Arnaud Aujouannet will no longer serve as Senior Vice President and Chief Sales and Marketing Officer. He will remain a non-executive employee on “garden leave,” continuing to receive his current salary and benefits as an employee through June 30, 2026, when his employment will terminate. The company states that Mr. Aujouannet will be eligible for severance payments and benefits under O-I Glass, Inc.’s Amended and Restated Executive Severance Policy.
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Insights
O-I Glass discloses the planned exit of a key commercial executive under its standard severance framework.
The company is transitioning Arnaud Aujouannet out of his role as Senior Vice President and Chief Sales and Marketing Officer effective March 4, 2026. He will remain on garden leave until June 30, 2026, with continued salary and benefits as an employee.
The structured garden leave period provides time for knowledge transfer and succession planning, although the excerpt does not specify who will assume his responsibilities. Eligibility for payments and benefits under the Amended and Restated Executive Severance Policy indicates the company is handling the departure under existing governance frameworks rather than a bespoke arrangement.
The actual operational impact will depend on how O-I Glass reallocates commercial leadership duties and communicates any succession decisions in subsequent disclosures or corporate communications.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On March 3, 2026, O-I Glass, Inc. (the “Company”) made an organizational change under which Arnaud Aujouannet will no longer serve as the Company’s Senior Vice President and Chief Sales and Marketing Officer, effective March 4, 2026. Mr. Aujouannet remains a non-executive employee of the Company on “garden leave” and is entitled to receive continuation of his current salary and benefits as an employee of the Company through June 30, 2026, on which date Mr. Aujouannet’s employment will terminate. Mr. Aujouannet will be eligible to receive the severance payments and benefits described in O-I Glass, Inc.’s Amended and Restated Executive Severance Policy.
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.
| O-I GLASS, INC. | ||
| Date: March 5, 2026 | By: | /s/ Darrow A. Abrahams |
| Name: | Darrow A. Abrahams | |
| Title: | Senior Vice President, General Counsel & Corporate Secretary | |
FAQ
What leadership change did O-I Glass (OI) disclose on March 3, 2026?
When does Arnaud Aujouannet’s employment with O-I Glass (OI) end?
What is Arnaud Aujouannet’s status at O-I Glass (OI) after leaving his officer role?
Is Arnaud Aujouannet eligible for severance from O-I Glass (OI)?
Does the O-I Glass (OI) filing mention changes to Mr. Aujouannet’s salary during garden leave?
What SEC item does O-I Glass (OI) use to report this executive change?
Filing Exhibits & Attachments
3 documents