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  "docSlug": "c665ec3b53b5",
  "documentTitle": "Amcor plc (pro forma Amcor-Berry Global combination) (AMCR)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-03-10 00:00:00",
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  "pageNumber": 19,
  "pageCount": 95,
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  "density": "overcrowded",
  "nDataPoints": 4,
  "notes": "Uses a red underline and red box to highlight the contradiction between the biography and the official revocation document.",
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      "kind": "callout",
      "text": "Amcor’s Chief Accounting Officer Came From Bemis. His Biography Consistently Stated That He Is A CPA",
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      "kind": "callout",
      "text": "Background Check Reveals CPA Is “Revoked”",
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    {
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      "kind": "callout",
      "text": "In light of its material weaknesses of financial control and accounting, and unusual revisions to revenues, capex and interest interest income, we have serious concerns about the Company’s Chief Accounting Officer (CAO).",
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      "text": "Jerry S. Krempa biography snippet",
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      "text": "Jerry Krempa signature on 10-K",
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      "text": "Minnesota Board of Accountancy revocation order",
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      "text": "In light of its material weaknesses of financial control and accounting, and unusual revisions to revenues, capex and interest income, we have serious concerns about the Company’s Chief Accounting Officer (CAO). Mr. Krempa, as the former Bemis CAO, recently listed on his biography his CPA designation. Yet, after a background check, we observe that it was “REVOKED” by the state of Minnesota in 2017. He signed Amcor’s recent 10-K Annual Report.",
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      "text": "Mr. Krempa is a Certified Public Accountant (CPA) — Bemis website biography.",
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      "text": "Minnesota Board of Accountancy license status table",
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      "kind": "title",
      "text": "Amcor Chief Accounting Officer Is Not A CPA, Contrary To Public Representation",
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      "evidence": "Directly exposes a factual contradiction between corporate biography and state regulatory records.",
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      "evidence": "The deck presents extensive evidence of financial and operational issues, worsening the situation.",
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      "evidence": "The deck presents tangible new evidence of Amcor's cash liquidity challenges.",
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      "structure": "The Symptom (Visible) -> The System (Hidden) -> The Root Cause",
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