---
schema_version: "secwatch.filing_event.v1"
accession: "0001670541-23-000148"
form_type: "8-K"
ticker: "ADNT"
cik: "0001670541"
company_name: "Adient plc"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:44:19.507520+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Adient CEO Del Grosso to retire Dec 31; CFO Dorlack to succeed as CEO; Oswald named CFO

## Summary
- Doug Del Grosso retires as President and CEO and from the board effective Dec 31, 2023.
- Jerome Dorlack, current EVP and CFO, becomes President, CEO and board member effective Jan 1, 2024; base salary $950,000; bonus target 155%.
- Mark Oswald promoted to EVP and CFO effective Jan 1, 2024; base salary $600,000; bonus target 100%.
- Dorlack receives FY2024 LTIP target of $7.25M prorated and a Replacement RSU Award equal to 30% of salary vesting in one year.
- Oswald will enter a Key Executive Severance and Change of Control Agreement and standard indemnification agreements.

## SEC filing metadata
- accession: 0001670541-23-000148
- form_type: 8-K
- ticker: ADNT
- cik: 0001670541
- company_name: Adient plc
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1670541/000167054123000148/0001670541-23-000148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1670541/000167054123000148/adnt-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001670541-23-000148
- JSON: https://secwatch.observer/filing/0001670541-23-000148.json
- Plain text: https://secwatch.observer/filing/0001670541-23-000148.txt

## Key facts
- Executive change
  Mark A. Oswald was appointed as Executive Vice President and Chief Financial Officer at Adient plc.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: Mark A. Oswald will become Executive Vice President and Chief Financial Officer, also effective January 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670541/000167054123000148/0001670541-23-000148-index.htm
- Executive change
  Jerome J. Dorlack was appointed as President and Chief Executive Officer at Adient plc.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Jerome J. Dorlack, who has been serving as Adient’s Executive Vice President and Chief Financial Officer since 2022, will become President and Chief Executive Officer and be appointed as a director of Adient, effective as of January 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670541/000167054123000148/0001670541-23-000148-index.htm
- Executive change
  Douglas G. Del Grosso departed as President and Chief Executive Officer at Adient plc.
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: Adient announced that Douglas G. Del Grosso will retire as its President and Chief Executive Officer and as a director of Adient, effective as of December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670541/000167054123000148/0001670541-23-000148-index.htm

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