Kaiser Aluminum names Fred Stephan CEO, effective Nov 1, 2026; Harvey becomes Executive Chairman

KAISER ALUMINUM CORP

Fred Stephan, former Amcor COO, appointed CEO and President effective Nov 1, 2026; joins board as Class III director.
Keith Harvey steps down as CEO, becomes Executive Chairman and special advisor through Oct 31, 2027.
Stephan's compensation: $1.15M base salary, $1.44M STI target, $4.43M LTI target, plus RSU grants totaling $5.767M.
Harvey receives $0.9M base compensation during transition, $0.9M 2027 STI target, and $2.2M LTI grant in RSUs.
Severance plan amended: CEO gets 2.5x multiple on CIC termination, 2.0x on non-CIC.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Fred Stephan

Class III Director

KALU · KAISER ALUMINUM CORP

Effective: 2026-11-01
Filed: August 17, 2026, 4:16 PM ET

Mr. Stephan will become a Class III director.

Appointed

Fred Stephan

Chief Executive Officer and President

KALU · KAISER ALUMINUM CORP

Effective: 2026-11-01
Filed: August 17, 2026, 4:16 PM ET

Fred Stephan will become the Chief Executive Officer and President of the Company, to succeed Keith A. Harvey, effective as of November 1, 2026

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Fred Stephan was appointed as Class III Director at KAISER ALUMINUM CORP.

Action: appointed
Role: Class III Director

Exact text from the filing

Mr. Stephan will become a Class III director.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Fred Stephan was appointed as Chief Executive Officer and President at KAISER ALUMINUM CORP.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

Fred Stephan will become the Chief Executive Officer and President of the Company, to succeed Keith A. Harvey, effective as of November 1, 2026

View on SEC.gov

KAISER ALUMINUM CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-354093

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