secwatch.observer — SEC 8-K summary
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Issuer:     AdvanSix Inc. (ASIX)
CIK:        0001673985
Form:       8-K
Filed at:   2024-09-12T23:59:59+00:00
Accession:  0001673985-24-000128
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AdvanSix names Sidd Manjeshwar as CFO, succeeding retiring Mike Preston effective Oct 1
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- Michael Preston retires as CFO effective Oct 1, 2024; stays in advisory role through year-end.
- Sidd Manjeshwar appointed SVP & CFO effective Oct 1; previously VP, Corporate Treasurer & IR at Air Products.
- Manjeshwar base salary $525k, STI target 70% of base, initial LTI award value $800k for 2025 cycle.
- Sign-on inducement: $25k cash (subject to 2-year clawback) and $800k RSU grant vesting in 3 years.
- Manjeshwar also held CFO at FirstLight Power and finance roles at Dynegy, Deutsche Bank, Barclays.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673985/000167398524000128/0001673985-24-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673985/000167398524000128/asix-20240912.htm
  HTML page:      https://secwatch.observer/filing/0001673985-24-000128

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer