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General Dynamics 8-K Report, Executive Changes (Dec 16, 2024)

Reports
Leadership Changes
Filing Date
Filed December 16, 2024
Period End
December 12, 2024
Security
GD
In the record · 2016–202610-K1110-Q338-K98

GD filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 98 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Apr ’18Apr ’18
  2. Leadership change8-K · Feb ’21Feb ’21
  3. Leadership change8-K · Oct ’26Oct ’26

01—Abstract

Summary

Summary of the 8-K filed December 16, 2024. Cited figures are marked; the original filing is the authoritative source.

General Dynamics Corporation (GD) has filed an 8-K report primarily detailing an amendment to a consulting agreement with former Executive Vice President, Mark C.

Roualet. The amendment extends Mr. Roualet's advisory consulting services from December 31, 2024, to June 30, 2025. This extension ensures continuity of expertise in the Combat Systems division, a key segment for the company, during a period of transition.

Importantly, the financial terms of the consulting arrangement remain unchanged, with Mr. Roualet continuing to receive a monthly payment of $36,500a. Investors should note that this filing does not indicate any significant financial events, executive departures beyond the ongoing consultancy, or changes in strategic direction, but rather a continuation of an existing arrangement to leverage Mr. Roualet's experience.

02—Key points

Key Highlights

  1. Amendment extends Mark C. Roualet's consulting agreement until June 30, 2025.
  2. Mr. Roualet previously served as Executive Vice President, Combat Systems.
  3. The monthly consulting fee of $36,500 remains unchanged.
  4. The agreement continuation aims to leverage Mr. Roualet's advisory expertise.
  5. No other changes were made to the terms of the original consulting agreement.
  6. This filing pertains to Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers).

03—Questions

Frequently Asked Questions

  1. Why is General Dynamics extending Mark C. Roualet's consulting agreement?

    The extension allows General Dynamics to continue benefiting from Mr. Roualet's advisory consulting services, particularly leveraging his expertise from his previous role as Executive Vice President of Combat Systems. This suggests a need for continued guidance in that strategic area.

  2. Are there any changes to Mr. Roualet's compensation?

    No, the amendment explicitly states that there are no other changes to the terms and conditions of the original consulting agreement, including the monthly payment amount of $36,500.

  3. Does this filing indicate any other executive changes or financial news?

    This specific 8-K filing focuses solely on the amendment to Mr. Roualet's consulting agreement. It does not report on other executive departures, appointments, or significant financial developments for General Dynamics.

  4. What was Mark C. Roualet's role before becoming a consultant?

    Mark C. Roualet previously held the position of Executive Vice President, Combat Systems at General Dynamics.

04—Continue

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