Summary
Amrize Ltd (AMRZ) has announced a significant leadership change in its finance department through an 8-K filing on August 24, 2026. Samuel J. Poletti has been appointed as the new Chief Financial Officer (CFO), succeeding Baris Oran, who is stepping down for personal reasons. Mr. Poletti brings extensive experience in strategy and mergers & acquisitions, having most recently served as Amrize's Chief Strategy and M&A Officer since its spin-off from Holcim Ltd in June 2025, and prior to that, holding various M&A and strategy roles at Holcim. This transition involves a new employment agreement for Mr. Poletti, including a base salary of $725,000, a target annual bonus of 100% of base salary (with a maximum of 200%), and significant relocation and housing allowances reflecting his move to the U.S. for an international assignment. He will also receive performance stock units valued at $860,000. Importantly, neither Mr. Poletti nor Mr. Oran are eligible for termination or change of control payments under their respective agreements. Mr. Oran's departure is amicable and not due to any disagreements.
Key Highlights
- 1Samuel J. Poletti appointed as the new Chief Financial Officer (CFO) effective August 24, 2026.
- 2Baris Oran steps down as CFO for personal reasons; his departure is amicable and not related to any financial disagreements.
- 3Mr. Poletti has a strong background in strategy and M&A, previously serving as Amrize's Chief Strategy and M&A Officer.
- 4Mr. Poletti's new employment agreement includes an annual base salary of $725,000 and a target annual bonus of 100% of base salary.
- 5Significant relocation benefits for Mr. Poletti include a $100,000 annual housing allowance and a $29,000 annual car allowance.
- 6Mr. Poletti will receive performance stock units valued at $860,000 as part of his new role.
- 7Neither Mr. Poletti nor Mr. Oran are eligible for termination or change of control payments.