Brian Dong's questions to Sealed Air Corp (SEE) leadership • Q2 2025
Question
Brian Dong from RBC Capital Markets requested a breakdown of the 'CTO to grow' cost savings program's different buckets and a confirmation of the $90 million savings target for the year.
Answer
President, CEO & Director Dustin Semach confirmed the $90 million target is on track. He detailed the three main buckets for the savings: go-to-market reorganization, supply chain network optimization (which includes five plant closures to date), and G&A optimization, such as leveraging the new Manila facility. The savings are split roughly 65% from CTO and 35% from productivity.