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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 |
Name of each exchange |
||
| 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 |
| 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 |
||||||
Exhibit 99.1
| Tredegar Corporation |
Contact: |
|
| Corporate Communications |
Neill Bellamy |
|
| 1100 Boulders Parkway |
Phone: 804/330-1211 |
|
| Richmond, Virginia 23225 |
Fax: 804/330-1777 |
|
| E-mail: invest@tredegar.com |
E-mail: neill.bellamy@tredegar.com |
|
| Website: www.tredegar.com |
||
FOR IMMEDIATE RELEASE
Tredegar Announces Retirement of John M. Steitz;
Arijit (Bapi) DasGupta Elected as President and Chief Executive Officer
and to the Board of Directors; Frasier W. Brickhouse, II Elected as
Vice President and Chief Financial Officer
RICHMOND, VA, November 20, 2025 — Tredegar Corporation (NYSE:TG) today announced the retirement of John M. Steitz as its President and Chief Executive Officer and as a member of its Board of Directors (Board), effective December 31, 2025. The Board has elected Arijit (Bapi) DasGupta as Tredegar’s President and Chief Executive Officer and as a member of its Board, effective January 1, 2026.
Mr. Steitz has served as a director of Tredegar since 2018 and as its President and Chief Executive Officer since 2019. Dr. DasGupta joined Tredegar in 2007 and has led its PE Films business unit, serving as its President, since 2015. Dr. DasGupta previously held various leadership roles for Tredegar’s PE Films business. Prior to joining Tredegar, he held leadership positions at Johns Manville, Solutia and Monsanto.
As previously announced, D. Andrew Edwards will retire as Tredegar’s Executive Vice President and Chief Financial Officer, effective December 31, 2025. The Board has elected Frasier W. Brickhouse II as Tredegar’s Vice President and Chief Financial Officer, effective January 1, 2026. Mr. Brickhouse joined Tredegar 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 Tredegar. Prior to joining Tredegar, Mr. Brickhouse spent five years in various positions of increasing responsibility with Coopers & Lybrand (predecessor to PricewaterhouseCoopers LLP).
Gregory A. Pratt, Chairman of the Board, commented, “Both John and Drew have been invaluable members of our management team. They will certainly be missed, and we wish them the very best in retirement. We are fortunate to have Bapi and Frasier as John’s and Drew’s highly qualified successors. Bapi and Frasier possess a deep understanding of Tredegar and its businesses, including related opportunities and challenges, and have served ably in their prior roles with Tredegar for several years. We look forward to their capable leadership.”
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 1,600 employees, the Company operates manufacturing facilities in North America and Asia.
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