On November 3, 2025, the Company announced that Kimberly Y. Chainey will serve as Senior Vice President and Chief Legal Officer effective December 1, 2025.

1. 01

   On November 3, 2025, the Company announced that Kimberly Y. Chainey will serve as Senior Vice President and Chief Legal Officer effective December 1, 2025.

2. 02

   The Company said Chainey oversaw global legal affairs at AptarGroup, Inc. from July 2020 to November 2025 as Executive Vice President, Chief Legal Officer and Corporate Secretary, and brings over 20 years of experience.

3. 03

   The Company said the offer letter with Chainey provides for an annual base salary of $600,000, eligibility to participate in the Company's annual incentive plan with a target bonus of 75% of base salary, and a one-time sign-on cash award of $400,000, payable on the first normal payroll date following the Effective Date.

4. 04

   The Company said it will provide a one-time sign-on equity award with a target value of $3.5 million to be granted in March 2026 and an annual equity award with a target value of $1.0 million, with a portion of the one-time sign-on awards intended as a make-whole payment for compensation from her previous position that Ms. Chainey may forfeit as a result of her joining the Company.

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Original filing

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