Sealed Air (SEE) announced that Dustin Semach has been appointed to serve as the president and CEO, effective immediately. Semach will also serve as a member of the board of directors and its executive committee.

The board and Patrick Kivits have mutually agreed to transition Sealed Air's leadership. Kivits has stepped down as CEO and as a member of the board, effective immediately. Semach most recently served as the company's president and CFO.

Veronika Johnson, currently the chief accounting officer, has been appointed the interim CFO. The company has begun a search, internally and externally, for a new CFO with an executive search firm.