Howmet Aerospace Inc.
Howmet Aerospace Inc. Announces Amendment to CEO's Employment Agreement
Summary
Howmet Aerospace Inc. amended the employment agreement of its Executive Chairman and CEO, John C. Plant, on June 23, 2025. The amendment includes a special retention award of restricted stock units valued at $45,000,000, with vesting conditions tied to continued service, death, disability, or specific termination scenarios. Mr. Plant will also continue to receive his annual base salary, participate in the annual incentive plan, and be eligible for equity awards. The amendment does not change the other terms of Mr. Plant's employment.
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About Howmet Aerospace Inc.
Howmet Aerospace Inc. is a leading global provider of advanced engineered solutions for the aerospace industry. With a focus on high-performance multi-material products, the company plays a critical role in enhancing the efficiency, reliability, and safety of both commercial and military aircraft. Howmet Aerospace specializes in manufacturing precision parts such as jet engine components, fasteners, and titanium structural parts, serving major aerospace manufacturers and defense companies worldwide. The firm's technological expertise and innovation in materials science allow it to contribute significantly to advancements in aircraft design and performance. Headquartered in Pittsburgh, Pennsylvania, Howmet Aerospace operates through various plants and facilities around the world, evidencing its significant footprint and influence in the aerospace sector. Its products are integral to modern aircraft, underscoring its vital role in driving forward aerospace engineering and manufacturing capabilities.
Official SEC Documents
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