8-KLeadership ChangesRegulation FDExhibits & Filings

Amrize Ltd 8-K Report, Executive Changes (Mar 31, 2026)

Filed March 31, 2026For Securities:AMRZ

Summary

Amrize Ltd (AMRZ) has announced a significant leadership change in its finance department via an 8-K filing on March 31, 2026. Baris Oran has been appointed as the new Chief Financial Officer, effective April 1, 2026. Mr. Oran brings extensive experience, most recently serving as CFO for GXO Logistics, Inc., and previously holding the same role at XPO Logistics, Inc. and the Sabanci Group. This appointment suggests a strategic move to leverage his financial expertise for the company's future growth and operational efficiency. Concurrently, Ian Johnston is stepping down as CFO to transition into a senior advisor role, focusing on facilitating a smooth handover. Importantly, the filing states that Mr. Johnston's departure from the CFO role is not due to any disagreements concerning financial controls, reporting, or operations, which is a positive indicator for continuity and stability. Investors should note the terms of Mr. Oran's employment agreement, including his substantial base salary, bonus potential, and equity incentives, reflecting the company's investment in experienced financial leadership.

Key Highlights

  • 1Baris Oran appointed new Chief Financial Officer (CFO) effective April 1, 2026.
  • 2Ian Johnston steps down as CFO, moving to a senior advisor role to ensure a smooth transition.
  • 3Mr. Oran's departure from CFO role is not linked to any disagreements regarding financial matters.
  • 4Mr. Oran has significant prior CFO experience with GXO Logistics, Inc., XPO Logistics, Inc., and Sabanci Group.
  • 5Mr. Oran's employment agreement includes an annual base salary of $750,000, target bonus of 100% (up to 200%), and equity grants.
  • 6Mr. Oran's agreement includes a car allowance of $29,000 annually and standard benefits.
  • 7No termination or change of control payments for Mr. Oran, other than accelerated equity vesting.

Frequently Asked Questions

Baris Oran has been appointed as the new Chief Financial Officer (CFO) of Amrize Ltd, effective April 1, 2026.

Ian Johnston will remain with Amrize Ltd as a senior advisor to support a smooth transition and will be on a garden leave period until March 31, 2027, during which he will serve as a full-time employee.

No, the filing explicitly states that Ian Johnston's change in position is not related to any disagreement concerning the Company's financial controls, financial reporting, operations, policies, or practices.

Baris Oran will receive an annual base salary of $750,000, be eligible for an annual bonus with a target of 100% of salary (up to 200% maximum), and receive long-term equity grants with a minimum target value of 325% of his base salary. He will also receive a $29,000 annual car allowance and participate in standard company benefit plans.