secwatch.observer — SEC 8-K summary
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Issuer:     BWX Technologies, Inc. (BWXT)
CIK:        0001486957
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001104659-25-047051
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BWXT CFO LeMasters transitions to special advisor; Fitzgerald appointed interim CFO
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- Robb LeMasters stepped down as CFO effective May 12, 2025; will serve as Special Advisor to CEO through March 2, 2026 under transition agreement.
- Transition agreement provides salary of $494,795 through separation date and cash retention bonus of $105,205; no 2025 or 2026 incentive plan participation.
- Michael T. Fitzgerald appointed Interim SVP and CFO; previously VP, Finance and CAO since 2021; background at MorganFranklin and Deloitte.
- Fitzgerald receives 27% base salary increase, annual non-equity incentive target of 55% of base, and 100% increase in long-term equity target for 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486957/000110465925047051/0001104659-25-047051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486957/000110465925047051/tm2514756d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-047051

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