Northrop Grumman sets 2025 NEO comp metrics; cuts severance to 12 months; director Robinson to leave board

NORTHROP GRUMMAN CORP /DE/

ICP 2025 goals: cash flow from ops before discretionary pension (35%), segment operating income growth (35%), adjusted operating margin rate (20%), non-financial metrics (10%).
RPSR 2025-2027 metrics: cumulative free cash flow, ROIC, relative TSR (each 1/3); RSR vest Feb 18, 2028; no material changes from 2024.
Severance plan amended: severance period reduced from 18 to 12 months for most officers (except CEO); bonus discretion on individual performance factor.
Director Graham Robinson notified board he will not seek re-election at 2025 Annual Meeting; will remain until meeting date.

item 5.02

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Departed

Graham Robinson

Director

NOC · NORTHROP GRUMMAN CORP /DE/

Filed: February 19, 2025, 6:59 PM ET

On February 17, 2025, Graham Robinson notified the Board of his decision not to seek re-election at the 2025 Annual Meeting of Shareholders.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Graham Robinson departed as Director at NORTHROP GRUMMAN CORP /DE/.

Action: not seeking re-election
Role: Director

Exact text from the filing

On February 17, 2025, Graham Robinson notified the Board of his decision not to seek re-election at the 2025 Annual Meeting of Shareholders.

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Source: SEC EDGAR

accession 0001133421-25-000008

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