---
schema_version: "secwatch.filing_event.v1"
accession: "0000764065-22-000101"
form_type: "8-K"
ticker: "CLF"
cik: "0000764065"
company_name: "CLEVELAND-CLIFFS INC."
filed_at: "2022-05-06T23:59:59+00:00"
generated_at: "2026-06-25T23:10:25.754493+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cleveland-Cliffs EVP Maurice Harapiak departs; severance $3.78M lump sum

## Summary
- Maurice D. Harapiak terminated without cause as EVP, HR & Chief Admin Officer; separation agreement signed May 5, 2022.
- Receives $3,780,000 lump sum cash severance plus up to 36 months of health insurance premiums.
- Prorated 2022 annual incentive based on full-year results; $45k cash for financial planning.
- Accelerated vesting of 50,628 RSUs (2020 grant); continued vesting of 50,628 target shares; prorated 2021/2022 awards.
- Two-year non-solicitation, non-disclosure, non-disparagement covenants.

## SEC filing metadata
- accession: 0000764065-22-000101
- form_type: 8-K
- ticker: CLF
- cik: 0000764065
- company_name: CLEVELAND-CLIFFS INC.
- filed_at: 2022-05-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764065/000076406522000101/0000764065-22-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764065/000076406522000101/clf-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000764065-22-000101
- JSON: https://secwatch.observer/filing/0000764065-22-000101.json
- Plain text: https://secwatch.observer/filing/0000764065-22-000101.txt

## Key facts
- Executive change
  Maurice D. Harapiak departed as Executive Vice President, Human Resources & Chief Administration Officer at CLEVELAND-CLIFFS INC..
  - Action: departed
  - Role: Executive Vice President, Human Resources & Chief Administration Officer
  source text: Maurice D. Harapiak has departed from his position as Executive Vice President, Human Resources & Chief Administration Officer of Cleveland-Cliffs Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/764065/000076406522000101/0000764065-22-000101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.