Tronox CEO John Romano gets $1.1M base, 130% target bonus, $5.5M LTIP as sole CEO

Tronox Holdings plc

John Romano becomes sole CEO April 1, 2024; base salary $1,100,000/year.
Target bonus at 130% of base; maximum annual bonus up to 200% of target.
2024 LTIP grant of $5,500,000 under Management Equity Incentive Plan.
Severance: 2x (base+target) without Cause; 3x with equity acceleration after Change in Control.
Prior Co-CEO employment agreement terminated; new agreement filed as Exhibit 10.1.

item 5.02 item 9.01

Executive movements

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Role change

John Romano

Sole CEO

TROX · Tronox Holdings plc

Filed: March 1, 2024, 6:59 PM ET

This Amendment No. 1 to the Form 8-K is being filed to include disclosure regarding Mr. Romano’s compensation as the Company’s sole CEO

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.75

John Romano changed role as Sole CEO at Tronox Holdings plc.

Action: promoted
Role: Sole CEO

Exact text from the filing

This Amendment No. 1 to the Form 8-K is being filed to include disclosure regarding Mr. Romano’s compensation as the Company’s sole CEO

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Tronox Holdings plc filing history →

Source: SEC EDGAR

accession 0001140361-24-010791

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