---
schema_version: "secwatch.filing_event.v1"
accession: "0001219601-22-000003"
form_type: "8-K"
ticker: "CCK"
cik: "0001219601"
company_name: "CROWN HOLDINGS, INC."
filed_at: "2022-01-11T23:59:59+00:00"
generated_at: "2026-06-27T18:51:49.804506+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Crown Holdings promotes Kevin C. Clothier to CFO; enters employment agreement

## Summary
- Effective Jan 1, 2022, Clothier becomes SVP & CFO with an annual base salary of $535,000.
- Initial term of one year, auto-renewing annually unless 30-day non-renewal notice given.
- On termination without cause pre-change of control: lump sum equal to base salary plus pro-rata bonus.
- On termination without cause or for good reason within 12 months post-change of control: 3x base salary plus average bonus, with accelerated vesting of equity.

## SEC filing metadata
- accession: 0001219601-22-000003
- form_type: 8-K
- ticker: CCK
- cik: 0001219601
- company_name: CROWN HOLDINGS, INC.
- filed_at: 2022-01-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1219601/000121960122000003/0001219601-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1219601/000121960122000003/cck-20220107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001219601-22-000003
- JSON: https://secwatch.observer/filing/0001219601-22-000003.json
- Plain text: https://secwatch.observer/filing/0001219601-22-000003.txt

## Key facts
- Executive change
  Kevin C. Clothier was appointed as Chief Financial Officer at CROWN HOLDINGS, INC..
  - Action: promoted
  - Role: Chief Financial Officer
  source text: On January 7, 2022, Crown Holdings, Inc. (the "Company") entered into an employment agreement with its Senior Vice President and Chief Financial Officer Kevin C. Clothier (the "Employment Agreement") in connection with Mr. Clothier's promotion to Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1219601/000121960122000003/0001219601-22-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.