Ranpak Holdings Corp. (PACK) company profile
Close on Nov 12, 2026Market cap $296.82MP/E –Yield –
About Ranpak
Converted Paper & Paperboard Prods (No Contaners/Boxes), SIC 2670
Ranpak Holdings Corp. provides paper-based protective packaging systems and automated end-of-line packaging solutions for supply chains. The company operates through two geographic reporting segments: North America and Europe/Asia. Its product offerings include paper packaging systems for void-fill, cushioning, and wrapping, alongside automated box-sizing, dunnage insertion, and machine vision systems. Ranpak also supplies proprietary paper consumables designed exclusively for its converter equipment. The business serves diverse commercial clients, including e-commerce retailers, industrial manufacturing enterprises, machinery producers, and companies across warehousing, pharmaceuticals, and food sectors.
The company serves multinational clients across more than 50 countries through direct sales and a network of over 250 distributors. Its operational footprint includes facilities in Ohio, Missouri, Nevada, and Connecticut, as well as sites in the Netherlands, the Czech Republic, and Malaysia. Ranpak maintains an installed base exceeding 145,000 packaging systems supporting more than 30,000 end-users worldwide, employing over 800 full-time workers. The provided text does not state a corporate headquarters.
Summary of the business section of Ranpak's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Ranpak Holdings Corp.
- Founded
- 1972
- Headquarters
- Concord Township, OH
- Address
- 7990 Auburn Road 44077
- Phone
- (440) 354-4445
- Website
- ranpak.com
- Employees
- 800, Dec 31, 2025
- Industry
- Converted Paper & Paperboard Prods (No Contaners/Boxes)
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Cleveland, Ohio
Stock & identifiers
- Ticker
- PACK
- Former tickers
- OMAD until Aug 13, 2019
- Exchange
- NYSE
- IPO date
- Jan 19, 2018
- Shares outstanding
- 86M, Oct 22, 2026
- Public float
- $301.10M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1712463
- CUSIP
- 75321W103
- ISIN
- US75321W1036
- FIGI
- BBG00JRXX6Y9
- Share class FIGI
- BBG00JRXX6Z8
- LEI
- 5493000Z9EZR9DCYOO86
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Omar Asali | CEO & Executive Chairman, Director | 4,748,652 |
| Paul Aram | Chief Operating Officer (COO) | 29,800 |
| William Drew | Chief Financial Officer & EVP | 544,018 |
| Eric Laurensse | Managing Director, Europe | 206,049 |
| Antonio Grassotti | Managing Director, APAC | 188,856 |
| Mark A. Siebert | MD, North America | 109,804 |
| Alicia M. Tranen | Director | 772,422 |
| Salil Seshadri | Director | 793,873 |
| Michael Anthony Jones | Director | 297,233 |
| Thomas F. Corley | Director | 122,387 |
| Pamela K. El | Director | 145,104 |
| Robert C. King | Director | 188,288 |
| Victoria L. Dolan | Director | 45,506 |
| Michael S. Gliedman | Director | 160,327 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.94M | -$1.40M | $693.85K | $40 | $88 |
| FY2024 | $2.15M | $515.29K | $911.72K | $51 | $103 |
| FY2023 | $2.61M | $732.85K | $1.06M | $43 | $92 |
| FY2022 | $1.27M | -$34.98M | $890.72K | $43 | $87 |
| FY2021 | $23.35M | $41.67M | $4.82M | $280 | $109 |
| FY2020 | $1.49M | $2.33M | $1.33M | $138 | $130 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Omar Asali Chief Executive Officer and Chairman | $676.92K | – | $1.15M | $105.00K | – | $1.94M | -10% |
| Paul Aram Senior Vice President and Chief Operating Officer | $83.54K | – | $55.50K | $5.01K | $11.01K | $155.06K | – |
| Bill Drew Executive Vice President and Chief Financial Officer | $391.46K | – | $384.66K | $24.00K | $14.94K | $815.06K | -8% |
| Antonio Grassotti Former Managing Director, APAC | $269.75K | – | $131.42K | $15.87K | $635.93K | $1.05M | +10% |
| Eric Laurensse Former Managing Director, Europe | $267.97K | $26.96K | $395.66K | $18.27K | $43.44K | $752.30K | -20% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
SPAC offering
- Type
- SPAC (blank check) IPO of units
- Final prospectus filed
- Jan 19, 2018
- Offer price
- $10.00
- Securities offered
- 30,000,000
- Gross proceeds
- $300.00M
- Exchange
- NYSE
- First trading day
- Feb 26, 2018
- First-day close
- $9.63-3.7%
- Lock-up ends (est.)
- Aug 25, 2018
“Each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-half of one redeemable warrant.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had over 800 full time employees worldwide, approximately 300 of whom were located in the United States.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 15, 2023 | Late filing | Notification of late filing |
| Jun 3, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Sep 22, 2020 | Delisting | Notice of delisting from exchange (Form 25) |
| Aug 6, 2020 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 17, 2020 | Late filing | Notification of late filing |
| Jun 6, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 6, 2019 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 3, 2019 | Delisting | Notice of delisting from exchange (Form 25) |
| May 29, 2019 | Name change | Name changed from One Madison Corp to Ranpak Holdings Corp. |
| May 3, 2019 | Merger vote | Definitive merger proxy statement |
| Mar 1, 2019 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jan 19, 2018 | IPO | Initial public offering priced (424B4 prospectus) |
| Jan 17, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |
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