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[8-K] TREDEGAR CORP Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Tredegar Corporation announced a planned leadership transition. John M. Steitz will retire as President, Chief Executive Officer and Board member effective December 31, 2025. The Board has elected Arijit (Bapi) DasGupta, currently President, Surface Protection, to become President and Chief Executive Officer and join the Board effective January 1, 2026, while continuing in his existing roles. The company also confirmed that long-time finance executive Frasier W. Brickhouse, II, now Corporate Treasurer and Controller, will become Vice President and Chief Financial Officer on January 1, 2026 following the previously disclosed retirement of D. Andrew Edwards. Both successors are long-tenured executives with decades of experience at Tredegar and no related-party or conflict-of-interest disclosures.

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Insights

Tredegar sets internal successors for CEO and CFO in orderly transition.

Tredegar Corporation is implementing an orderly leadership handoff, with CEO John M. Steitz and CFO D. Andrew Edwards both retiring effective December 31, 2025. The Board has chosen internal candidates who already hold senior roles, which can help preserve continuity in strategy and operations.

Arijit (Bapi) DasGupta, age 68, has led the PE Films business since 2015 and becomes President, Chief Executive Officer and a Board member on January 1, 2026. In parallel, Frasier W. Brickhouse, II, age 59, who has served in treasury, accounting and planning roles since joining in 1993, will become Vice President and Chief Financial Officer on the same date.

The company states there are no special arrangements, family relationships or related-party transactions for either executive under Item 404(a) of Regulation S-K. Future disclosures may outline any compensation adjustments tied to their new responsibilities.

TREDEGAR CORP false 0000850429 0000850429 2025-11-19 2025-11-19
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): November 20, 2025 (November 19, 2025)

 

 

Tredegar Corporation

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Virginia   1-10258   54-1497771
(State or Other Jurisdiction
of Incorporation)
 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1100 Boulders Parkway

Richmond, Virginia

  23225
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (804) 330-1000

 

(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, no par value   TG   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).

Emerging growth company 

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.

Chief Executive Officer Transition

On November 19, 2025, John M. Steitz informed Tredegar Corporation (the “Company”) of his intention to retire as the Company’s President and Chief Executive Officer and from the Company’s Board of Directors (the “Board”), effective December 31, 2025.

On November 20, 2025, the Board elected Arijit (Bapi) DasGupta, who currently serves as the Company’s President, Surface Protection, as the Company’s President and Chief Executive Officer, effective January 1, 2026. Dr. DasGupta will serve in this role in addition to his current positions at the Company.

Dr. DasGupta, 68, joined the Company in 2007 and has led its PE Films business unit, serving as its President, since 2015. Dr. DasGupta previously held various leadership roles for the Company’s PE Films business. Prior to joining the Company, he held leadership positions at Johns Manville, Solutia and Monsanto.

In connection with Dr. DasGupta’s election as the Company’s President and Chief Executive Officer, the Board also elected Dr. DasGupta to the Board, effective January 1, 2026, to fill the vacancy created by Mr. Steitz’s retirement.

Chief Financial Officer Transition

As previously disclosed, D. Andrew Edwards, Executive Vice President and Chief Financial Officer of the Company, will retire effective December 31, 2025. On November 20, 2025, the Board elected Frasier W. Brickhouse, II, who currently serves as the Company’s Corporate Treasurer and Controller, as the Company’s Vice President and Chief Financial Officer, effective as of January 1, 2026. Mr. Brickhouse will serve in this role in addition to his current positions at the Company.

Mr. Brickhouse, 59, joined the Company in 1993 and was appointed Corporate Controller in 2009 and Treasurer in 2016. He previously served in various treasury, accounting and financial planning roles within the Company. Prior to joining the Company, Mr. Brickhouse spent five years in various positions of increasing responsibility with Coopers & Lybrand (predecessor to PricewaterhouseCoopers LLP).

There are no arrangements or understandings between Dr. DasGupta or Mr. Brickhouse and any other persons pursuant to which they were selected as an officer or director, as applicable, and neither has any family relationships with any of the Company’s directors or executive officers. Additionally, neither Dr. DasGupta nor Mr. Brickhouse has a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.


Any compensation adjustments in connection with Dr. DasGupta’s or Mr. Brickhouse’s elections as the Company’s President and Chief Executive Officer and Vice President and Chief Financial Officer, respectively, have not been determined.

 

Item 7.01.

Regulation FD Disclosure.

On November 20, 2025, in connection with the matters disclosed in Item 5.02 of this Current Report on Form 8-K, the Company issued a press release, a copy of which is attached as Exhibit 99.1 and incorporated by reference in this Item 7.01.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

 

Item 9.01.

Financial Statements and Exhibits.

 (d)  Exhibits.

 

  99.1

Press Release issued on November 20, 2025.

 

  104

Cover Page Interactive Data File (formatted in iXBRL and contained in Exhibit 101).


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.

 

    TREDEGAR CORPORATION
Date: November 20, 2025     By:  

/s/ Kevin C. Donnelly

      Kevin C. Donnelly
      Executive Vice President, General Counsel
and Corporate Secretary

FAQ

Who is the new CEO of Tredegar Corporation (TG) and when does he start?

Arijit (Bapi) DasGupta, currently President, Surface Protection, has been elected President and Chief Executive Officer of Tredegar, effective January 1, 2026. He will also join the Board on that date.

When is Tredegar Corporation CEO John M. Steitz retiring?

John M. Steitz informed Tredegar of his intention to retire as President, Chief Executive Officer and Board member effective December 31, 2025.

Who will be the new CFO of Tredegar Corporation (TG)?

Frasier W. Brickhouse, II, currently Corporate Treasurer and Controller, has been elected Vice President and Chief Financial Officer, effective January 1, 2026, following the retirement of D. Andrew Edwards.

Do Tredegars new CEO and CFO have prior experience with the company?

Yes. Dr. DasGupta joined Tredegar in 2007 and has led its PE Films business since 2015, while Mr. Brickhouse joined in 1993 and has served as Corporate Controller since 2009 and Treasurer since 2016.

Are there any related-party or conflict-of-interest concerns with Tredegars new executives?

Tredegar reports that Dr. DasGupta and Mr. Brickhouse have no arrangements with other persons for their selection, no family relationships with directors or executive officers, and no material interests in transactions requiring disclosure under Item 404(a) of Regulation S-K.

Have compensation changes for Tredegars incoming CEO and CFO been set?

Tredegar states that any compensation adjustments related to the elections of Dr. DasGupta as President and CEO and Mr. Brickhouse as Vice President and CFO have not been determined.

Tredegar

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