secwatch.observer — SEC 8-K summary
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Issuer:     Babcock & Wilcox Enterprises, Inc. (BW)
CIK:        0001630805
Form:       8-K
Filed at:   2024-12-02T23:59:59+00:00
Accession:  0001104659-24-124602
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Babcock & Wilcox CFO Salamone to step down Dec 31, 2024; Frymyer named new CFO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630805/000110465924124602/0001104659-24-124602-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630805/000110465924124602/tm2429848d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-124602

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer