Ampco-Pittsburgh CFO McAuley to resign Dec 31; Anderson named successor effective Jan 1, 2026

AMPCO PITTSBURGH CORP

Michael G. McAuley resigns as SVP, CFO, Treasurer effective Dec 31, 2025; will serve as Strategic Advisor to CEO through June 30, 2026 with annual base salary of $495,000.
David G. Anderson appointed VP, CFO, Treasurer effective Jan 1, 2026; retains role as President of Air & Liquid Systems.
Anderson's compensation: base salary raised to $430,000; short-term incentive target 65% of base; long-term equity incentive target 85% of base.
McAuley will not participate in 2026 STI/LTI programs; receives up to 18 months COBRA premium reimbursement.

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