---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-011777"
form_type: "8-K/A"
ticker: "WOR"
cik: "0000108516"
company_name: "WORTHINGTON ENTERPRISES, INC."
filed_at: "2022-03-25T23:59:59+00:00"
generated_at: "2026-06-26T17:02:28.404008+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Worthington Industries names Steven Witt Corporate Controller; details compensation

## Summary
- Steven Witt appointed Corporate Controller and CAO effective April 12, 2022; replaces Richard Welch who will retire.
- Base salary set at $260,000; short-term cash incentive bonus target $130,000 for period ending May 31, 2022.
- Restricted stock award of 2,000 common shares vesting on third anniversary (April 12, 2025).
- Long-term performance share award up to 1,600 shares and cash award up to $150,000 for FY2019-2022 period.
- Welch, Corporate Controller for 22 years, transitions to advisory role then retires after fiscal year.

## SEC filing metadata
- accession: 0001564590-22-011777
- form_type: 8-K/A
- ticker: WOR
- cik: 0000108516
- company_name: WORTHINGTON ENTERPRISES, INC.
- filed_at: 2022-03-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108516/000156459022011777/0001564590-22-011777-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108516/000156459022011777/wor-8ka_20220301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-011777
- JSON: https://secwatch.observer/filing/0001564590-22-011777.json
- Plain text: https://secwatch.observer/filing/0001564590-22-011777.txt

## Key facts
- Executive change
  Richard G. Welch departed as Corporate Controller at WORTHINGTON ENTERPRISES, INC..
  - Action: retire
  - Role: Corporate Controller
  source text: Richard G. Welch, who currently serves as the Registrant’s Corporate Controller, and who has served in such capacity for 22 years, will transition to an advisory role beginning on April 12, 2022, and then ultimately retire after the completion of the Registrant’s current fiscal year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/108516/000156459022011777/0001564590-22-011777-index.htm
- Executive change
  Steven R. Witt was appointed as Corporate Controller and Chief Accounting Officer at WORTHINGTON ENTERPRISES, INC..
  - Action: appointed
  - Role: Corporate Controller and Chief Accounting Officer
  source text: On April 12, 2022, Steven R. Witt, age 52, currently the Senior Director of Accounting and Finance for the legacy pressure cylinders businesses of the Registrant, will become Corporate Controller and the chief accounting officer of the Registrant.
  evidence_url: https://www.sec.gov/Archives/edgar/data/108516/000156459022011777/0001564590-22-011777-index.htm

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