leadership
confidence high
sentiment neutral
materiality 0.60
Babcock & Wilcox CFO Salamone to step down Dec 31, 2024; Frymyer named new CFO
Babcock & Wilcox Enterprises, Inc.
- Louis Salamone steps down as EVP/CFO effective Dec 31, 2024; enters consulting agreement with $29,166 monthly fee and $525,000 signing bonus.
- Cameron Frymyer appointed EVP/CFO effective Jan 1, 2025; base salary increased to $500,000.
- Jimmy Morgan named EVP/Chief Commercial Officer and Chris Riker named EVP/COO, both effective Jan 1, 2025; Riker salary increased to $500,000.
- Director Henry Bartoli consulting agreement extended through Dec 31, 2025; $12,500 monthly fee and $75,000 RSU grant.