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ATI INC 8-K Report, Executive Changes (Jun 6, 2023)

Reports
Leadership Changes·Exhibits & Filings
Filing Date
Filed June 6, 2023
Period End
June 6, 2023
Security
ATI
In the record · 2016–202610-K1110-Q328-K145

ATI filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 145 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Feb ’18Feb ’18
  2. Material agreement8-K · Jun ’20Jun ’20
  3. Leadership change8-K · Jul ’22Jul ’22
  4. Material agreement8-K · Jun ’26Jun ’26

01—Abstract

Summary

Summary of the 8-K filed June 6, 2023. Cited figures are marked; the original filing is the authoritative source.

ATI Inc. (ATI) announced a significant leadership change, appointing Kimberly A.

Fields to the newly combined role of President and Chief Operating Officer, effective July 1, 2023. This promotion signifies a strategic move within the executive team, with Ms. Fields taking on expanded responsibilities. The company also disclosed an increase in her base annual salary to $750,000a as part of this transition, reflecting the elevated role and expectations.

Robert S. Wetherbee will remain as Chief Executive Officer and Chair of the Board, indicating a continued focus on established leadership for the company's overall direction.

02—Key points

Key Highlights

  1. Kimberly A. Fields promoted to President and Chief Operating Officer, effective July 1, 2023.
  2. Ms. Fields' base annual salary increased to $750,000 in conjunction with her promotion.
  3. Robert S. Wetherbee continues in his roles as Chief Executive Officer and Chair of the Board.
  4. The announcement was made via a press release filed as part of an 8-K filing.
  5. This appointment suggests a deepening of operational leadership within the executive team.
  6. No other executive departures or board changes were noted in this filing.

03—Questions

Frequently Asked Questions

  1. What is the primary change reported in this 8-K filing?

    The primary change reported is the promotion of Kimberly A. Fields to President and Chief Operating Officer, effective July 1, 2023.

  2. How does this promotion affect Ms. Fields' compensation?

    Ms. Fields' base annual salary will increase to $750,000 as a result of her promotion.

  3. What is Robert S. Wetherbee's role moving forward?

    Robert S. Wetherbee will continue to serve as the Company's Chief Executive Officer and as Chair of its Board of Directors.

  4. Does this filing indicate any other executive changes?

    No, this specific filing only details the promotion of Kimberly A. Fields and the continuation of Robert S. Wetherbee's roles. No other departures or appointments of officers or directors are mentioned.

04—Continue

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