8-K
SILGAN HOLDINGS INC (SLGN)
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
Date of Report (Date of earliest event reported): February 23, 2022
SILGAN HOLDINGS INC.
(Exact name of Registrant as specified in its charter)
| Delaware | 000-22117 | 06-1269834 | |
|---|---|---|---|
| (State or other jurisdiction | (Commission | (I.R.S. Employer | |
| of incorporation) | file number) | Identification No.) | |
| 4 Landmark Square | |||
| Stamford, | Connecticut | 06901 | |
| (Address of principal executive offices) | (Zip Code) |
(203) 975-7110
(Registrant's telephone number, including area code)
N/A
(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, par value $0.01 per share | SLGN | Nasdaq Global Select Market |
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
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. ☐
Section 5—Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 23, 2022, Silgan Holdings Inc., or the Company, announced that Anthony J. Allott has been appointed Non-Executive Chairman of the Board of Directors of the Company, effective April 1, 2022, having served as Executive Chairman until that time. Mr. Allott will also continue as an employee of the Company providing certain advisory services for the Company. For his continued services as an employee of the Company, Mr. Allott will receive an annual salary of $110,000.
A copy of the Company’s press release announcing the appointment of Anthony J. Allott as Non-Executive Chairman of the Board is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Section 9—Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
|---|---|---|
| 99.1 | Press Release datedFebruary 23, 2022 announcing the appointment of Anthony J. Allott asNon-Executive Chairmanof the Board. | |
| 104 | Cover Page Interactive File (the cover page tags are 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.
| SILGAN HOLDINGS INC. | |
|---|---|
| By: | /s/ Frank W. Hogan, III |
| Frank W. Hogan, III | |
| Senior Vice President, General | |
| Counsel and Secretary |
Date: February 25, 2022
3
Document
| Exhibit 99.1 | |
|---|---|
| News | |
| For Immediate Release | |
| 4 Landmark Square | |
| Suite 400 | |
| Stamford, CT 06901 | |
| Telephone: (203) 975-7110 | |
| Fax: (203) 975-7902 | |
| Contact: | |
| Robert B. Lewis | |
| (203) 406-3160 |
SILGAN ANNOUNCES APPOINTMENT OF ANTHONY J. ALLOTT
AS NON-EXECUTIVE CHAIRMAN OF THE BOARD
STAMFORD, CT, February 23, 2022 -- Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that, as part of the continuation of its long-term succession planning, Anthony J. Allott has been appointed Non-Executive Chairman of the Board of Directors of the Company, effective April 1, 2022, having served as Executive Chairman until that time.
“This is the next planned logical step of our long-term succession plan which we have been successfully implementing over the last several years. With his experience leading Silgan for twenty years and his almost thirty years of experience in packaging, we are delighted that Tony will continue to lead our Board of Directors, and we look forward to his continued leadership and guidance,” said Adam Greenlee, President and CEO.
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Silgan is a leading supplier of sustainable rigid packaging solutions for consumer goods products with annual net sales of approximately $5.7 billion in 2021. Silgan operates 113 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading worldwide supplier of dispensing and specialty closures for food, beverage, health care, garden, home,
SILGAN HOLDINGS
February 23, 2022
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personal care, fragrance and beauty products. The Company is also a leading supplier of metal containers in North America and Europe for food and general line products. In addition, the Company is a leading supplier of custom containers for shelf-stable food and personal care products in North America.
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