ATI SVP Kevin Kramer to retire Jan 2024; will serve as Senior Advisor from Jan 2023

ATI INC

Kevin B. Kramer, SVP, Chief Commercial and Marketing Officer, will retire effective Jan 31, 2024.
From Jan 1, 2023, he will serve as Senior Advisor to CEO, reporting to Robert S. Wetherbee, and leave Executive Council.
He continues base salary of $510,000, APP target at 80% of salary, and COBRA continuation until age 65.
Additional cash payment of 8% of 2023 APP payout (net of taxes) due within 30 days after retirement.
Restrictive covenants include non-compete and non-solicit through Jan 31, 2026.

item 5.02 item 9.01

Executive movements

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Departed

Kevin B. Kramer

Senior Vice President, Chief Commercial and Marketing Officer

ATI · ATI INC

Effective: 2024-01-31
Filed: October 14, 2022, 7:59 PM ET

On September 22, 2022, ATI Inc. (the “Company”) announced that Kevin B. Kramer, the Company’s Senior Vice President, Chief Commercial and Marketing Officer, will retire from the Company effective as of January 31, 2024.

Role change

Kevin B. Kramer

Senior Advisor to the Board Chair, President and Chief Executive Officer

ATI · ATI INC

Effective: 2023-01-01
Filed: October 14, 2022, 7:59 PM ET

From January 1, 2023 through the effective time of his retirement, Mr. Kramer will serve as Senior Advisor to the Company’s Board Chair, President and Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Kevin B. Kramer departed as Senior Vice President, Chief Commercial and Marketing Officer at ATI INC.

Action: retire
Role: Senior Vice President, Chief Commercial and Marketing Officer

Exact text from the filing

On September 22, 2022, ATI Inc. (the “Company”) announced that Kevin B. Kramer, the Company’s Senior Vice President, Chief Commercial and Marketing Officer, will retire from the Company effective as of January 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Kevin B. Kramer was appointed as Senior Advisor to the Board Chair, President and Chief Executive Officer at ATI INC.

Action: appointed
Role: Senior Advisor to the Board Chair, President and Chief Executive Officer

Exact text from the filing

From January 1, 2023 through the effective time of his retirement, Mr. Kramer will serve as Senior Advisor to the Company’s Board Chair, President and Chief Executive Officer.

View on SEC.gov

ATI INC filing history →

Source: SEC EDGAR

accession 0001193125-22-262984

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