STOCK TITAN

David Parks joins Tredegar (NYSE: TG) board as independent director

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Tredegar Corporation appointed David Parks as an independent director and expanded its Board of Directors from seven to eight members, effective February 3, 2026. Parks brings more than 35 years of global operating, commercial, and strategic leadership experience across healthcare, consumer products, and advanced materials.

The Board determined that Parks meets New York Stock Exchange independence standards, and he will join one or more Board committees at the next scheduled meeting. Director Kenneth R. Newsome, who has served since 2014, plans to retire and will not stand for re-election at the 2026 Annual Meeting of Shareholders.

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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.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
TREDEGAR CORP false 0000850429 0000850429 2026-01-26 2026-01-26
 
 

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): February 9, 2026 (January 26, 2026)

 

 

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.

On February 3, 2026, the Board of Directors (the “Board”) of Tredegar Corporation (the “Company”) increased the size of the Board from seven to eight and elected David Parks as director of the Company, in each case, effective immediately. Mr. Parks will be named to one or more committees of the Board at the next scheduled Board meeting.

The Board affirmatively determined that Mr. Parks qualifies as an independent director under the Company’s director independence standards and the applicable rules of the New York Stock Exchange. There are no arrangements or understandings between Mr. Parks and any other persons pursuant to which he was selected as a director. Additionally, there are no transactions involving the Company and Mr. Parks that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.

Mr. Parks will be compensated for his service on the Board pursuant to the Company’s existing compensation program for non-employee directors, which is described under “Compensation of Directors” in the Company’s proxy statement for the 2025 Annual Meeting of Shareholders (filed with the Securities and Exchange Commission on March 26, 2025), as adjusted by the Board from time to time.

Additionally, on January 26, 2026, Kenneth R. Newsome, a director of the Company since 2014, notified the Board that he will retire from the Board upon the expiration of his term at the Company’s 2026 Annual Meeting of Shareholders (the “2026 Annual Meeting”). Therefore, Mr. Newsome will not stand for re-election at the 2026 Annual Meeting.

 

Item 7.01.

Regulation FD Disclosure.

On February 9, 2026, in connection with the director transitions disclosed in Item 5.02, 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 Statement and Exhibits.

 

  (d)

Exhibits.

 

99.1    Press release issued on February 9, 2026.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


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: February 9, 2026     By:  

/s/ Kevin C. Donnelly

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

Exhibit 99.1

 

LOGO

 

Tredegar Corporation    Contact:
Corporate Communications    Neill Bellamy
1100 Boulders Parkway    Phone: 804-330-1211
Richmond, Virginia 23225    E-mail: neill.bellamy@tredegar.com
Website: www.tredegar.com   

FOR IMMEDIATE RELEASE

TREDEGAR APPOINTS DAVID PARKS TO BOARD OF DIRECTORS

RICHMOND, VA, February 9, 2026 – Tredegar Corporation (NYSE:TG) today announced that it has appointed David Parks as an independent director to its Board of Directors.

“David’s combination of extensive engineering experience, global commercial leadership, and strategic insight makes him an outstanding addition to the Board,” said Greg Pratt, Chairman of the Board. Mr. Pratt added, “His steady, inclusive leadership style and broad experience across advanced materials, consumer products and healthcare will help strengthen Tredegar’s long-term value for shareholders.”

About David Parks

David Parks brings more than 35 years of global operating, commercial, and strategic leadership experience across healthcare, consumer packaged goods, and advanced materials/nonwovens. His career includes engineering, manufacturing, supply chain, marketing, sales, and general management roles at Kimberly-Clark, Avintiv, Berry Global, and Magnera. He served as EVP Global Operations & Engineering for Berry Global prior to his most recent role as President of the Americas of Magnera. Mr. Parks holds a Bachelor of Science in Mechanical Engineering, magna cum laude, from the Georgia Institute of Technology.

About Tredegar

Tredegar Corporation is an industrial manufacturer with two primary businesses: custom aluminum extrusions for the North American building & construction, automotive and specialty end-use markets and surface protection films for high-technology applications in the global electronics industry. With approximately 1,700 employees, the Company operates manufacturing facilities in North America and Asia.

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FAQ

What board change did Tredegar Corporation (TG) announce?

Tredegar Corporation expanded its Board of Directors from seven to eight members and appointed David Parks as an independent director. The change was effective February 3, 2026, and reflects the company’s effort to add experienced leadership to its boardroom.

Who is David Parks, the new independent director at Tredegar (TG)?

David Parks is an executive with over 35 years of global operating, commercial, and strategic leadership experience. He has held roles at Kimberly-Clark, Avintiv, Berry Global, and Magnera, and holds a mechanical engineering degree, magna cum laude, from the Georgia Institute of Technology.

Is David Parks considered independent under NYSE rules at Tredegar (TG)?

Tredegar’s Board affirmatively determined that David Parks qualifies as an independent director under the company’s director independence standards and applicable New York Stock Exchange rules. This means he meets the exchange’s criteria for independence from management and significant business relationships.

Which Tredegar (TG) director plans to retire from the board?

Kenneth R. Newsome, a director since 2014, notified the Board that he will retire when his term ends at the 2026 Annual Meeting of Shareholders. He will not stand for re-election at that meeting, contributing to an orderly board transition.

How will David Parks be compensated as a Tredegar (TG) director?

David Parks will be compensated under Tredegar’s existing compensation program for non-employee directors. That program is described in the company’s proxy statement for the 2025 Annual Meeting of Shareholders and may be adjusted by the Board from time to time.

What are Tredegar Corporation’s (TG) main businesses?

Tredegar Corporation is an industrial manufacturer focused on custom aluminum extrusions for North American building, construction, automotive and specialty markets, and surface protection films for high-technology electronics applications. It operates manufacturing facilities in North America and Asia with approximately 1,700 employees.

Filing Exhibits & Attachments

4 documents