Executive VP Tracy L. Porter to retire Dec 31, 2022; enters consulting agreement through April 2023

COMMERCIAL METALS Co

Tracy L. Porter, EVP, will retire effective Dec 31, 2022; consulting agreement from Jan 1 to Apr 30, 2023 as independent contractor.
Consulting fee: $15,000/month; retains prior performance awards and RSUs under 2013 Long-Term Equity Incentive Plan.
Porter not eligible for health/welfare benefits after retirement except COBRA.
Consulting includes customary non-competition, non-solicitation, confidentiality, and release of claims.
Employment agreement and executive continuity agreement terminate Dec 31, 2022; survival of certain provisions.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Tracy L. Porter

Executive Vice President

CMC · COMMERCIAL METALS Co

Effective: 2022-12-31
Filed: October 17, 2022, 7:59 PM ET

On October 17, 2022, Commercial Metals Company (the “ Company ”) announced that Tracy L. Porter, the Company’s Executive Vice President, will retire from the Company effective December 31, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Tracy L. Porter departed as Executive Vice President at COMMERCIAL METALS Co.

Action: retire
Role: Executive Vice President

Exact text from the filing

On October 17, 2022, Commercial Metals Company (the “ Company ”) announced that Tracy L. Porter, the Company’s Executive Vice President, will retire from the Company effective December 31, 2022.

View on SEC.gov

COMMERCIAL METALS Co filing history →

Source: SEC EDGAR

accession 0001193125-22-263298

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.