AZZ enters employment agreement with Metal Coatings President Bryan Stovall, including $1.5M equity award

AZZ INC

Employment agreement effective July 15, 2024 for Bryan Stovall, President and COO of Metal Coatings segment.
Stovall receives $425,000 cash retention bonus and $1.5M special one-time RSU award vesting 50% on May 31, 2025 and 50% on May 31, 2026.
FY2025 base salary set at $472,427; annual STI target 80% of base; annual LTI target 100% of base.
Agreement includes two-year initial term with automatic one-year renewals, severance provisions per Executive Severance Plan, and 12-month non-compete/solicitation covenants.

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