Form 8-K · Current Report · Filed 2025-06-27
Howmet Aerospace Inc. Announces Amendment to CEO's Employment Agreement
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.
- Filer
- Howmet Aerospace Inc. HWM · NYSE
- Filed
- Accession
- 0001104659-25-063683
- CIK
- 0000004281
- Signal
- Low impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$176.85
Next session
+5.2%
Since filing
+59.6%
Latest close
$282.26
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from HWM reporting the same item, with the next session's move:
Exhibits (1)
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.
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