leadership
confidence high
sentiment neutral
materiality 0.60
Karman appoints Chris Boynton as CFO effective Sept 14; Mike Willis to depart by year-end
Karman Holdings Inc.
- Chris Boynton named EVP & CFO, start date Sept 14, 2026; Mike Willis steps down as CFO same date, departs by year-end.
- Boynton receives $750,000 base salary, $500,000 sign-on bonus, target cash incentive 100% of base (stretch 150%).
- Initial 2026 LTIP grant: 37,860 shares (70% PSUs, 30% RSUs); annual equity target 300% of base salary from 2027.
- Boynton joins from Battelle (EVP & CFO since 2023); previously 20+ years at RTX, most recently CFO of Raytheon Missiles & Defense.
- Transition follows Karman's Feb 2025 IPO; Willis led finance through IPO and first 18 months as public company.