Spirit AeroSystems SVP and CPO Alan Young departs on July 18, 2024

Spirit AeroSystems Holdings, Inc.

Alan W. Young ceased as SVP and Chief Procurement Officer effective July 18, 2024.
Separation agreement provides lump sum $475,000 (salary plus COBRA), $396,450 for forfeited LTIP awards, $50,000 transition services, and up to $10,000 legal fees.
Mr. Young remains subject to one-year non-compete, non-solicitation, and confidentiality covenants.
No replacement has been announced.

item 5.02

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Departed

Alan W. Young

Senior Vice President and Chief Procurement Officer

Spirit AeroSystems Holdings, Inc.

Effective: 2024-07-18
Filed: July 22, 2024, 7:59 PM ET

Effective as of July 18, 2024 (the “Separation Date”), Alan W. Young ceased to serve as the Senior Vice President and Chief Procurement Officer of Spirit AeroSystems Holdings, Inc.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Alan W. Young resigned as Senior Vice President and Chief Procurement Officer at Spirit AeroSystems Holdings, Inc..

Action: resigned
Role: Senior Vice President and Chief Procurement Officer

Exact text from the filing

Effective as of July 18, 2024 (the “Separation Date”), Alan W. Young ceased to serve as the Senior Vice President and Chief Procurement Officer of Spirit AeroSystems Holdings, Inc.

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Source: SEC EDGAR

accession 0001104659-24-081505

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