USA Rare Earth appoints William Robert Steele Jr. as CFO effective March 24, 2025

USA Rare Earth, Inc.

Steele will serve as principal financial and accounting officer; base salary of $400,000.
Target annual cash bonus of 60% of base salary; initial equity award of at least $2M.
Christopher Boling ceases as principal financial officer but remains Controller.
Steele previously Global CFO of Mujin Corp. and a Managing Director at Bank of America Securities.
Employment agreement provides six months severance on without-cause termination before Dec 31, 2026.

item 5.02 item 9.01

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Appointed

William Robert Steele Jr.

Chief Financial Officer

USAR · USA Rare Earth, Inc.

Effective: 2025-03-24
Filed: March 17, 2025, 7:59 PM ET

Mr. Steele will be employed as the Chief Financial Officer of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

William Robert Steele Jr. was appointed as Chief Financial Officer at USA Rare Earth, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Mr. Steele will be employed as the Chief Financial Officer of the Company.

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USA Rare Earth, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-024359

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