Michael B. Miller
On March 7, 2024, ATI Inc. (the “Company”) announced that it has appointed Michael B. Miller to serve as Vice President, Corporate Controller and Chief Accounting Officer.
Highest-materiality recent filing
ATI beats Q2 guidance, raises full-year 2026 outlook; EPS up 56% YoY
Q2 sales $1.26B (+11% YoY); net income $151M (+50%); GAAP EPS $1.09 vs $0.70.
ATI closes $450M offering of 5.875% Senior Notes due 2033
Issued $450M aggregate principal of unsecured 5.875% Senior Notes due June 15, 2033.
ATI prices $450M 5.875% Senior Notes due 2033; will redeem 2027 notes
Priced $450M aggregate principal of 5.875% Senior Notes due June 15, 2033.
ATI proposes seven-year senior notes offering to redeem 2027 notes
Intends to offer seven-year senior notes in an underwritten public offering.
ATI Inc. announces annual meeting voting results; all proposals approved
Elected directors Fields (111.3M for), Lund (112.1M for), Morehouse (103.7M for) to three-year terms.
ATI Q1 adjusted EPS $1.00 beats; raises full-year 2026 guidance
Q1 sales $1.15B +1% YoY; net income $118M (+22%); GAAP EPS $0.85 (+27%).
ATI Inc. authorizes additional $500M share repurchase, total program up to $620M
Board authorized additional $500M repurchase on February 18, 2026.
ATI reports FY2025 sales $4.6B, highest since 2012; guides FY2026 Adj EBITDA $975M-$1,025M
Q4 2025 net income $97M ($0.69 EPS); adjusted EPS $0.93; adjusted EBITDA $232M (19.7% of sales).
ATI names J. Robert Foster as CFO effective Jan 1, 2026; Don Newman retires March 1
Foster, age 45, previously President of Specialty Alloys & Components, succeeds Newman as CFO.
ATI CEO Kimberly A. Fields to become Board Chair in May 2026; Wetherbee to retire
Kimberly A. Fields, President and CEO, appointed Board Chair effective May 14, 2026.
ATI Q3 sales $1.13B (+7% YoY); adjusted EPS $0.85; raises FY2025 guidance
Q3 sales $1.13B (+7% YoY); net income $110M (+33%); GAAP EPS $0.78 vs $0.57.
ATI subsidiary enters $125M accounts receivable securitization facility; $80M drawn
Three-year, $125M facility through bankruptcy-remote SPE; receivables sold to fund working capital.
ATI CFO Don Newman to retire March 2026; board adds two aerospace directors
CFO Don Newman will retire effective March 1, 2026; consulting role through January 2027 at $10K/month.
ATI Q2 2025: adj. EPS $0.74 (+23% YoY); A&D sales $762M (+11%); raises FY midpoints
Sales $1.14B (+4% YoY); net income $101M, EPS $0.70 vs $0.58.
ATI Inc. enters $600M revolver and $200M term loan credit agreement maturing 2030
New $200M term loan and $600M revolving credit facility maturing June 13, 2030.
ATI amends bylaws for SEC Rule 14a-19; annual meeting results show director elections approved
Board adopted Fifth Amended and Restated Bylaws effective May 15, 2025 to update advance notice requirements for Rule 14a-19.
ATI Q1 sales $1.14B (+10% YoY), adj. EPS $0.72 vs $0.48, raises FY adj. EBITDA guide to $800M-$840M
Q1 revenue of $1.14B, up 10% YoY; aerospace & defense sales of $754M (66% of sales) up 23%.
ATI Q4 sales up 10% to $1.17B, adj. EPS $0.79; FY2025 EBITDA guidance $800M-$840M
Q4 2024 sales $1.17B (+10% YoY); net income $137M ($0.94 GAAP EPS); adjusted EPS $0.79.
ATI Q3 sales $1.05B, adj EPS $0.60; cuts FY2024 guidance on aerospace uncertainty
Q3 net income $82.7M ($0.57 diluted EPS); adjusted EPS $0.60; sales +2% YoY to $1.05B.
ATI Q2 sales $1.10B (+5% QoQ); A&D 62% of sales; adj. EBITDA $182.6M; reaffirms FY and 2027 outlook
Q2 2024 sales $1.10B (+5% QoQ); net income $81.9M ($0.58 EPS); adj. EPS $0.60.
ATI Inc. shareholders elect four directors, approve say-on-pay, ratify EY as auditor
Four directors elected: Herbert J. Carlisle, David P. Hess, Marianne Kah, Ruby Sharma; all received >101M for votes.
ATI Q1 2024 beats adjusted EPS at $0.48; aero/def sales up 7% YoY to $616M
Q1 sales $1.04B, net income $66.1M ($0.46 EPS); adjusted EPS $0.48, adjusted EBITDA $151M (14.5% of sales).
ATI names Vaishali Bhatia General Counsel and CCO effective March 20; Elliot Davis to retire Oct 1
Vaishali Bhatia appointed SVP, General Counsel and Chief Compliance Officer, effective March 20, 2024.
ATI appoints Michael B. Miller as VP, Corporate Controller and CAO
Miller, 48, appointed effective March 7, 2024, as VP, Corporate Controller & CAO.
ATI elects Kimberly Fields as CEO effective July 1, 2024; Wetherbee to become Executive Chairman
Kimberly A. Fields appointed President and CEO, effective July 1, 2024; also elected to Board immediately.
ATI reports Q4 sales $1.06B (+5% YoY), adjusted EPS $0.64, guides to $5B revenue by 2027
Q4 2023 sales $1.06B (+5% YoY); net income $145.7M ($0.99 EPS); adjusted EPS $0.64.
ATI changes pension accounting; FY 2023 adj. EPS guidance raised to $2.49-$2.59
Voluntary accounting change: actuarial gains/losses on pension plans recognized immediately in annual earnings.
ATI SVP & Chief Legal Officer Elliot Davis to retire Oct 2024; transition through Oct
Elliot S. Davis, SVP and Chief Legal and Compliance Officer, will retire effective October 1, 2024.
ATI projects 2027 revenue above $5B, EBITDA $1B; authorizes $150M buyback
2025 revenue target $4.5-4.6B, adjusted EBITDA $0.8-0.9B; 2027 revenue target $5.2-5.4B, adjusted EBITDA $1.0-1.2B.
ATI Q3 net income $75.7M ($0.52 EPS); adjusted EPS $0.55; A&D sales 61% of revenue.
Revenue $1.03B, net income $75.7M ($0.52 EPS); adjusted EPS $0.55, adjusted EBITDA $148.1M (14.4% of sales).
ATI transfers ~85% of pension obligations to Athene; fully funds remaining
Transfers ~85% of U.S. qualified defined benefit pension obligations to Athene for approx. 8,200 plan participants.
ATI closes $425M offering of 7.250% Senior Notes due 2030
$425M principal, 7.250% coupon, matures August 15, 2030.
ATI announces $400M senior notes offering for pension de-risking
ATI intends to issue $400M aggregate principal of senior notes in an underwritten public offering.
ATI upsizes senior notes offering to $425M at 7.25% due 2030; proceeds for pension de-risking
Upsized from $400M to $425M aggregate principal of 7.25% Senior Notes due August 15, 2030.
ATI Q2 sales $1.05B, adj EPS $0.59; A&D mix reaches 58% of revenue
Q2 sales $1.05B (+9% YoY); net income $76M ($0.52 EPS) vs loss of $38M in Q2 2022.
ATI appoints Kimberly Fields as President and COO effective July 1, 2023
Kimberly Fields promoted from EVP/COO to President and COO, effective July 1, 2023.
ATI shareholders elect three directors and approve say-on-pay at annual meeting
Directors Harvey (109.2M FOR), Diggs (99.3M FOR), Morehouse (110.4M FOR) elected to three-year terms.
ATI Q1 2023 sales up 25% YoY to $1.04B; net income $70.1M; board authorizes $75M buyback
Sales $1.04B, up 25% YoY; net income $70.1M ($0.48 EPS) vs $30.9M ($0.23 EPS) YoY.
ATI appoints Ruby Sharma to Board of Directors as Class I director
Ruby Sharma appointed to ATI Board as Class I director effective March 1, 2023.
ATI Q4 sales $1.01B up 32% YoY; adjusted EPS $0.53 vs $0.25 prior year
Q4 2022 sales $1.01B (+32% YoY); net income $76.9M ($0.53 EPS) vs. $(29.8M) loss in Q4 2021.
ATI Q3 sales $1.03B +42% YoY; adj. EPS $0.53; HPMC EBITDA margin 18.8%
Net income $61.1M (EPS $0.42) includes $19.9M litigation settlement; adjusted net income $77.4M (adj. EPS $0.53).
ATI SVP Kevin Kramer to retire Jan 2024; will serve as Senior Advisor from Jan 2023
Kevin B. Kramer, SVP, Chief Commercial and Marketing Officer, will retire effective Jan 31, 2024.
ATI SVP, Chief Commercial & Marketing Officer Kevin Kramer to retire Jan 31, 2024
Kevin B. Kramer to retire as SVP, Chief Commercial and Marketing Officer effective Jan 31, 2024.
ATI amends credit agreement, extends maturity to Sept 2027 with $200M term loan and $600M revolver
Added $200M term loan and $600M revolving credit facility with $200M LC sub-facility and $50M swing line.
ATI Q2 2022 sales $959.5M (+15% QoQ); adj EPS $0.54 vs $(0.12) prior year
Net loss $38.0M ($0.31/sh) includes $115.9M non-cash loss on sale of Sheffield, UK.
ATI Inc. VP, Controller & CAO Karl D. Schwartz to retire effective March 15, 2023
Karl D. Schwartz, Vice President, Controller and CAO, notified ATI of his retirement.
ATI Inc. changes name from Allegheny Technologies, moves HQ to Dallas
Company changed name to ATI Inc. effective June 22, 2022 via Certificate of Amendment.
ATI annual meeting: say-on-pay passes with ~45% opposed; director Corvi 17% against
Director Leroy Ball Jr. elected with 106.1M for (97.9%); Robert Wetherbee 106.0M for (97.8%); Carolyn Corvi 87.0M for (82.9%).
ATI Q1 2022: Adj EPS $0.40, sales $834M (+20% YoY); repurchased $90M stock
Sales $834.1M (+20% YoY, +9% QoQ); net income $30.9M ($0.23 diluted EPS).
ATI terminates joint venture with Russian VSMPO, winding up by year-end 2022
Uniti, LLC JV with Russian-based VSMPO-AVISMA terminated; expected wind-up by year-end 2022.
On March 7, 2024, ATI Inc. (the “Company”) announced that it has appointed Michael B. Miller to serve as Vice President, Corporate Controller and Chief Accounting Officer.
Ms. Fields was appointed as a member of the Board, as a Class III Director, effective February 22, 2024.
Robert S. Wetherbee, the Company’s current Board Chair and Chief Executive Officer, has been appointed Executive Chairman, effective July 1, 2024.
appointed Kimberly A. Fields, currently the Company’s President and Chief Operating Officer, to serve as President and Chief Executive Officer of the Company, effective as of July 1, 2024.
On January 4, 2024, Elliot S. Davis, Senior Vice President and Chief Legal and Compliance Officer of ATI Inc. (the “Company”) advised the Company of his intention to retire from the Company effective as of October 1, 2024.
Kimberly A. Fields, currently the Company’s Executive Vice President and Chief Operating Officer, has been appointed to serve as President and Chief Operating Officer, effective July 1, 2023.
On March 1, 2023, Ruby Sharma was appointed to the Board of Directors (the “Board”) of ATI Inc. (“ATI”) as a Class I director.
On September 22, 2022, ATI Inc. (the “Company”) announced that Kevin B. Kramer, the Company’s Senior Vice President, Chief Commercial and Marketing Officer, will retire from the Company effective as of January 31, 2024.
From January 1, 2023 through the effective time of his retirement, Mr. Kramer will serve as Senior Advisor to the Company’s Board Chair, President and Chief Executive Officer.
On September 22, 2022, ATI Inc. (the “Company”) announced that Kevin B. Kramer, the Company’s Senior Vice President, Chief Commercial and Marketing Officer, will retire from the Company effective as of January 31, 2024.
On July 5, 2022, Karl D. Schwartz, Vice President, Controller and Chief Accounting Officer of ATI Inc. (the “Company”) advised the Company of his intention to retire from the Company effective as of March 15, 2023.
Kimberly A. Fields, currently Executive Vice President for both of the Company’s business segments, has been appointed to serve as the Company’s Executive Vice President and Chief Operating Officer, effective as of January 1, 2022.
Max materiality 0.85 · Median 0.62 · Most common event earnings