leadership
confidence high
sentiment neutral
materiality 0.65
Metallus CEO Mike Williams to retire Dec 31; Kris Westbrooks named successor Jan 1
Metallus Inc.
- Michael Williams retires as CEO and board member effective Dec 31, 2026; stays as special advisor through June 30, 2027.
- Kristopher Westbrooks, current President/COO, appointed President/CEO and board member effective Jan 1, 2027.
- Westbrooks receives $800k base salary (up $153k), target annual award at 100% of base, LTIP grant $2.4M (up $1.15M).
- Westbrooks' severance multiple in change of control reduced from 3x to 2.5x; Kevin Raketich named EVP Strategy & Corp Dev.