01—Abstract
Summary
Summary of the 8-K filed December 8, 2025. Cited figures are marked; the original filing is the authoritative source.
ATI Inc. (ATI) has announced a significant leadership transition within its finance department.
Effective January 1, 2026, J. Robert Foster will assume the role of Senior Vice President, Finance and Chief Financial Officer, succeeding Donald P. Newman.
Mr. Foster brings extensive experience within ATI, having most recently served as Vice President, ATI Financial and Operating Strategies, and prior to that, as President of the Specialty Alloys & Components business unit. This internal promotion suggests continuity and a deep understanding of the company's operations and financial strategies. Mr. Newman will transition from his CFO role to serve as a Strategic Advisor to the CEO through his planned retirement on March 1, 2026, ensuring a smooth handover of responsibilities.
Separately, ATI also announced the resignation of Tina K. Busch as Chief Human Resources Officer, effective December 5, 2025.
Ms. Busch will provide consulting services through January 2027 to aid in the transition, with a consulting agreement in place that includes customary non-compete and non-solicitation clauses. The company will initiate a search for her successor.
02—Key points
Key Highlights
- J. Robert Foster appointed Senior Vice President, Finance and Chief Financial Officer, effective January 1, 2026.
- Donald P. Newman transitions from CFO to Strategic Advisor to the CEO, with retirement planned for March 1, 2026.
- Mr. Foster has a deep internal history at ATI, including leadership roles in finance and business units.
- Mr. Foster's compensation package includes a base salary of $625,000, with target annual and long-term incentive opportunities aligned with company programs.
- Tina K. Busch resigned as Chief Human Resources Officer on December 5, 2025.
- Ms. Busch will provide consulting services through January 2027, subject to a consulting agreement with non-compete and non-solicitation provisions.
- ATI will commence a search for a new Chief Human Resources Officer.
03—Questions
Frequently Asked Questions
Why is Donald P. Newman stepping down as CFO?
Donald P. Newman is transitioning from his role as CFO as part of a planned retirement, which is scheduled for March 1, 2026. He will serve as a Strategic Advisor to the CEO during this transition period.
What is J. Robert Foster's background and why is he a suitable candidate for CFO?
J. Robert Foster has a strong internal track record at ATI, having held positions such as Vice President, ATI Financial and Operating Strategies, and President of the Specialty Alloys & Components business unit. His prior experience includes various leadership roles in finance within ATI since 2012, demonstrating extensive knowledge of the company's operations and financial structure.
What are the key components of J. Robert Foster's compensation package?
Mr. Foster's compensation includes a base salary of $625,000. He is also eligible for an Annual Incentive Plan with a target award of 80% of his base salary for 2026. Additionally, he will receive a Long-Term Incentive Plan grant with a 2026 fair market value of 200% of his base salary, comprising 70% performance-vested and 30% time-vested restricted stock units.
What are the terms of Tina K. Busch's consulting agreement?
Tina K. Busch will provide consulting services to ATI through January 2027. Her agreement includes customary provisions such as restrictions on competing with ATI or soliciting its employees or customers through January 2028, in exchange for consulting fees and other benefits.
04—Continue