tiprankstipranks
ATI Announces Leadership Change and New Executive Compensation
Company Announcements

ATI Announces Leadership Change and New Executive Compensation

ATI (ATI) has released an update.

ATI Inc. has announced a significant shift in leadership, with Kimberly A. Fields stepping up as the new President and CEO starting July 1, 2024. Fields, who has been with ATI since 2019 and has an extensive background in industrial and energy sectors, will also join the Board as a Class III Director. She’s set to earn a base salary of $900,000 with lucrative performance incentives and equity awards. The outgoing CEO, Robert S. Wetherbee, will transition to the role of Executive Chairman, drawing a base salary of $750,000. This strategic move aims to steer ATI towards future growth and success.

For further insights into ATI stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles