Mativ Taps Financial Architect Bruce Hausmann for Strategic Board Seat

ALPHARETTA, GA – July 01, 2026 – Mativ Holdings, Inc. (NYSE: MATV) has announced a significant addition to its leadership, appointing seasoned finance executive Bruce Hausmann to its Board of Directors, effective today. The move, which includes a seat on the company's crucial Audit Committee, is being interpreted by market observers as a decisive step to fortify its financial strategy and governance as it navigates a complex global landscape.

Hausmann, the current Vice President and Chief Financial Officer of global flooring manufacturer Interface, Inc. (NASDAQ: TILE), brings over 25 years of high-level corporate and operational finance experience to the specialty materials firm. His appointment comes as Mativ contends with mixed financial signals—a first-quarter earnings beat clouded by a revenue shortfall and a 36% year-to-date decline in its stock price. Adding a director with a strong record in financial transformation and M&A appears to be a direct response to these pressures.

A Proven Architect of Financial Transformation

Mativ's leadership has been vocal about the strategic value Hausmann represents. "Bruce brings deep financial expertise and a proven track record of guiding global manufacturers through complex transactions and operational transformation," said Shruti Singhal, Mativ's President and CEO. This sentiment was echoed by Dr. Kimberly E. Ritrievi, Chair of Mativ's Board, who highlighted his "financial acumen, capital markets fluency, and M&A experience."

An examination of Hausmann’s tenure at Interface reveals the substance behind these endorsements. Since joining as CFO in 2017, he has been a key figure in steering the company toward significant operational and financial milestones. Under his financial stewardship, Interface successfully expanded its gross profit margin to 38.5% by the end of 2025, a long-term goal achieved ahead of schedule through a combination of strategic pricing, product mix optimization, and manufacturing efficiencies. Furthermore, in fiscal 2025, Interface repaid approximately $128 million in debt while also increasing its quarterly dividend, signaling strong confidence in its cash flow generation.

His experience extends beyond margin enhancement. Prior to Interface, Hausmann spent seven years at The Walt Disney Company, where as a Vice President and Segment Controller, he was instrumental in executing seven acquisitions. This deep experience in M&A is particularly noteworthy. While Mativ has not announced specific acquisition plans, appointing a board member with a demonstrated ability to lead such transactions suggests the company is at least preparing the strategic groundwork for future inorganic growth.

Bolstering Governance and Financial Oversight

The decision to place Hausmann on the Audit Committee is as strategic as his board appointment itself. Mativ's Board has officially designated him as an "audit committee financial expert," a formal recognition of his qualifications to oversee the company's financial reporting processes, internal controls, and compliance frameworks. In an era of heightened investor scrutiny, the presence of a sitting public-company CFO on an audit committee sends a powerful message about a commitment to financial integrity and robust risk management.

With Hausmann's appointment, Mativ's board expands from six to seven members, providing a broader base of expertise. This move strengthens the oversight capabilities of the board, particularly in the financial domain. For a global manufacturer like Mativ, which operates on three continents and sells into over 80 countries, navigating complex tax laws, supply chain finance, and currency fluctuations is paramount. Hausmann's direct experience managing these functions at Interface provides Mativ with an invaluable internal resource at the highest level of governance.

Cross-Industry Expertise as a Strategic Catalyst

Hausmann’s transition from the world of commercial flooring to specialty materials is also significant. The cross-pollination of executive talent between different manufacturing sectors is a growing trend, as companies seek fresh perspectives to drive innovation and break from industry orthodoxy. His experience at Interface—a company widely recognized for its leadership in sustainability and circular economy principles—could prove to be a powerful influence at Mativ.

The specialty materials sector faces increasing pressure to innovate around sustainable solutions and demonstrate robust ESG (Environmental, Social, and Governance) credentials. An executive versed in the financial and operational mechanics of a sustainability-forward company can help integrate these principles more deeply into Mativ’s core strategy, turning compliance requirements into competitive advantages.

In his own statement, Hausmann expressed his enthusiasm for the company's direction. "Mativ has built a compelling portfolio of specialty materials businesses and a clear strategy for growth," he said. "I look forward to collaborating with the management team and my fellow directors to help execute Mativ's strategic vision and build upon its success." This alignment between his expertise and the company's stated ambitions suggests a proactive and collaborative future as the board works to unlock the full potential of its diversified portfolio.