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Sealed Air Appoints Zubaid Ahmad to Board of Directors

Sealed Air Corporation (NYSE: SEE) today announced the appointment of Zubaid Ahmad to its board of directors. The appointment expands the board to 10 directors.

Ahmad, 59, has more than 35 years of global experience in corporate and investment banking having served corporate, asset management as well as government clients. He is the Founder and Managing Partner at Caravanserai Partners LLC, a merchant banking firm focused on M&A and sovereign advisory, strategic capital raising, and private equity transactions. He also serves as a Senior Advisor to CPP Investments and Muzinich & Co.

Prior to establishing Caravanserai Partners, Ahmad served as Vice Chairman, Institutional Clients Group and Co-Head of Global Asset Managers group at Citigroup. He has also held senior roles at J.P. Morgan and Credit Suisse, among other firms. He has worked across all regions of the globe, both in developed and emerging economies, including broader Asia, Latin America, and Africa.

Ahmad holds an MBA, with distinction, from Harvard Business School and a BSBA, magna cum laude, from Georgetown University.

“Zubaid’s impressive background in global financial and investment markets will be a great addition to our board of directors,” said Ted Doheny, president and CEO of Sealed Air. “We are excited to welcome him to the board as we continue to execute our Reinvent SEE transformation, drive world-class performance, and create long-term value for our shareholders.”

About Sealed Air

Sealed Air is in business to protect, to solve critical packaging challenges, and to leave our world better than we found it. Our portfolio of leading packaging solutions includes CRYOVAC® brand food packaging, SEALED AIR® brand protective packaging, AUTOBAG® brand automated systems, and BUBBLE WRAP® brand packaging, which collectively enable a safer, more efficient food supply chain and protect valuable goods shipped around the world. Sealed Air generated $4.8 billion in sales in 2019 and has approximately 16,500 employees who serve customers in 124 countries. To learn more, visit sealedair.com.

Website Information

We routinely post important information for investors on our website, sealedair.com, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

Contacts:

Media
Christina Griffin
Christina.griffin@sealedair.com
704.430.5742

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