secwatch.observer — SEC 8-K summary
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Issuer:     Tronox Holdings plc (TROX)
CIK:        0001530804
Form:       8-K/A
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001140361-24-010791
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530804/000114036124010791/0001140361-24-010791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530804/000114036124010791/ef20022715_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-010791

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