Key Highlights

• Mativ Holdings (NYSE: MATV) expands its board to seven members with the appointment of Bruce Hausmann, effective July 1, 2026.

• Hausmann, currently a finance leader at a NASDAQ-listed flooring company, brings extensive experience in financial leadership across multiple industries.

• Hausmann qualifies as an independent director and audit committee financial expert under NYSE standards.

Mativ Holdings has strengthened its governance with the addition of a seasoned finance executive to its board. The move reflects the company’s focus on enhancing financial oversight amid evolving market demands.

Board Expansion Announced

Mativ Holdings (NYSE: MATV) increased its board size from six to seven members, appointing Bruce Hausmann as a Class I director. His term will extend through the company’s 2029 annual stockholder meeting, aligning with long-term strategic goals.

Hausmann’s Background

Hausmann, 56, currently holds a senior financial leadership position at a NASDAQ-listed company specializing in sustainable flooring solutions. Since 2017, he has been responsible for overseeing financial operations, including key areas such as accounting and investor relations.

Leadership Experience

With over 25 years of experience in corporate finance, Hausmann has previously held executive roles at major companies in the services and entertainment sectors. His career includes expertise in financial strategy, operational improvements, and leadership in both public and private equity environments.

Governance and Independence

The board confirmed Hausmann as an independent director under NYSE listing standards. He also meets the criteria for an audit committee financial expert, as defined by SEC regulations, and will serve on the audit committee.

Compensation Adjustments

Non-employee directors at Mativ Holdings will receive an annual stock-based retainer of $150,000. The adjustment follows a market review conducted by the board’s compensation committee in June 2026.

Indemnification Agreement

Hausmann will enter a standard indemnification agreement with Mativ Holdings, consistent with the company’s existing policies. The agreement mirrors those previously filed with the SEC.

Next Steps

The appointment, effective July 1, 2026, was disclosed in a filing. No related-party transactions or family connections with current directors or executives were reported.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.