---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-040737"
form_type: "8-K"
ticker: "CMC"
cik: "0000022444"
company_name: "COMMERCIAL METALS Co"
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:48:38.695209+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CMC appoints Peter Matt as President effective April 1, 2023 under succession plan

## Summary
- Peter Matt, former Constellium CFO, named President; Barbara Smith remains Chairman and CEO.
- Employment agreement includes $800,000 base salary, $200,000 sign-on bonus, and $3.4M LTI award (50% RSUs, 50% PSUs).
- Matt eligible for annual cash bonus up to 100% of base salary and target equity grant up to 300% of base salary.
- EECA provides double-trigger severance (2x salary only) upon change in control and termination.
- Matt to resign from Constellium effective March 31, 2023; will cease board committee membership before assuming role.

## SEC filing metadata
- accession: 0001193125-23-040737
- form_type: 8-K
- ticker: CMC
- cik: 0000022444
- company_name: COMMERCIAL METALS Co
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22444/000119312523040737/0001193125-23-040737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22444/000119312523040737/d419399d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-040737
- JSON: https://secwatch.observer/filing/0001193125-23-040737.json
- Plain text: https://secwatch.observer/filing/0001193125-23-040737.txt

## Key facts
- Executive change
  Peter R. Matt was appointed as President at COMMERCIAL METALS Co.
  - Action: appointed
  - Role: President
  source text: the Company’s board of directors (the “ Board ”) appointed Peter R. Matt as President of the Company, effective April 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/22444/000119312523040737/0001193125-23-040737-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.