Accepted (ET)
9:02 AM
Sep 15, 2026
Filed
Sep 15, 2026
Documents
13
Size
190.4 KB
Summary
Tredegar Corp Appoints New CFO Cindy Yao
What Happened
Tredegar Corporation announced that its Board elected Cindy Yao to serve as Vice President, Chief Financial Officer and Treasurer, effective September 21, 2026. The election was disclosed in an 8-K filed September 15, 2026 and announced via press release the same day.
Key Details
- Position & effective date: Vice President, Chief Financial Officer and Treasurer, effective September 21, 2026.
- Background: Ms. Yao, 59, has been CFO of Holon Health since May 2026; previously CFO of HF Foods Group (May 2024–Oct 2025) and CFO & EVP of Markel Food Group (Nov 2013–Dec 2023).
- Pay & incentives: $450,000 annual base salary; 2026 STIP target = 60% of base (maximum 120%), pro-rated for start date; long-term incentive target = 80% of base (50% restricted stock, 50% cash), 2026 award pro-rated.
- Severance: If terminated without cause during first year, Ms. Yao receives month-for-month severance and COBRA coverage during year one; after one year the severance becomes 1x base salary plus 12 months COBRA, and a prorated STIP/performance units if earned.
Why It Matters
A new CFO can affect Tredegar’s financial leadership and investor communications. The filing provides concrete compensation and severance terms investors can use to assess management costs and incentives. The appointment is effective immediately (Sept. 21, 2026), so any near-term financial reporting or guidance will be overseen by Ms. Yao.