Sealed Air appoints Russell Grissett as global food president

Core Insights - Sealed Air has appointed Russell Grissett as global food president, bringing extensive experience from Toppan Packaging Americas and Sonoco [1][2] - The company is set to be acquired by Clayton, Dubilier & Rice (CD&R) in an all-cash transaction valued at $10.3 billion, expected to close in mid-2026 [2][3] - Sealed Air will remain headquartered in Charlotte, North Carolina, and will be delisted from the New York Stock Exchange post-acquisition [3] Company Developments - Grissett's leadership style and customer focus are highlighted as essential for accelerating growth in Sealed Air's food business [2] - The company recently launched the AUTOBAG 850HB hybrid bagging machine, which can process both standard poly mailers and recyclable paper bags [3] - The hybrid capability of the new system allows for flexible packaging options without sacrificing speed, benefiting fulfillment teams [3]