ATI elects Kimberly Fields as CEO effective July 1, 2024; Wetherbee to become Executive Chairman

ATI INC

Kimberly A. Fields appointed President and CEO, effective July 1, 2024; also elected to Board immediately.
Fields receives base salary $900K, 125% target annual performance award, $750K one-time equity grant vesting over 3 years.
Robert S. Wetherbee, current CEO and Board Chair, becomes Executive Chairman effective July 1, 2024; salary $750K, 100% target.
Press release reiterates ATI on track to $5B revenue and $1B EBITDA by 2027.
Succession described as planned; Fields has been COO since 2022 and President since July 2023.

item 5.02 item 9.01

Executive movements

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

Appointed

Kimberly A. Fields

Class III Director

ATI · ATI INC

Effective: 2024-02-22
Filed: February 23, 2024, 6:59 PM ET

Ms. Fields was appointed as a member of the Board, as a Class III Director, effective February 22, 2024.

Role change

Robert S. Wetherbee

Executive Chairman

ATI · ATI INC

Effective: 2024-07-01
Successor: Kimberly A. Fields
Filed: February 23, 2024, 6:59 PM ET

Robert S. Wetherbee, the Company’s current Board Chair and Chief Executive Officer, has been appointed Executive Chairman, effective July 1, 2024.

Appointed

Kimberly A. Fields

President and Chief Executive Officer

ATI · ATI INC

Effective: 2024-07-01
Filed: February 23, 2024, 6:59 PM ET

appointed Kimberly A. Fields, currently the Company’s President and Chief Operating Officer, to serve as President and Chief Executive Officer of the Company, effective as of July 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kimberly A. Fields was appointed as Class III Director at ATI INC.

Action: appointed
Role: Class III Director

Exact text from the filing

Ms. Fields was appointed as a member of the Board, as a Class III Director, effective February 22, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert S. Wetherbee was appointed as Executive Chairman at ATI INC.

Action: appointed
Role: Executive Chairman

Exact text from the filing

Robert S. Wetherbee, the Company’s current Board Chair and Chief Executive Officer, has been appointed Executive Chairman, effective July 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kimberly A. Fields was appointed as President and Chief Executive Officer at ATI INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

appointed Kimberly A. Fields, currently the Company’s President and Chief Operating Officer, to serve as President and Chief Executive Officer of the Company, effective as of July 1, 2024.

View on SEC.gov

ATI INC filing history →

Source: SEC EDGAR

accession 0001193125-24-043707

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