other material
confidence high
sentiment neutral
materiality 0.30
Chemours adopts new executive severance policy with 2.0x multiplier for CEO
Chemours Co
- CEO severance: 2.0x sum of base salary, target annual incentive, and annualized health care subsidy; other execs 1.0x.
- Payable on involuntary termination without Cause or resignation for Good Reason; requires signed release of claims.
- Existing change-in-control agreements and equity award terms remain in effect; policy does not supersede them.
- Policy effective October 28, 2025; administered by Board or Compensation Committee; amendment requires 12-month notice.