Century Aluminum Elects New Directors and Officers
Ticker: CENX · Form: 8-K · Filed: Dec 11, 2024 · CIK: 949157
Sentiment: neutral
Topics: management-change, board-election, executive-compensation
TL;DR
Century Aluminum shakes up board and exec team, effective Dec 5.
AI Summary
Century Aluminum Company announced on December 5, 2024, changes in its executive and director roles. The company elected new directors and appointed new officers, alongside adjustments to compensatory arrangements for certain executives. These changes are effective as of December 5, 2024.
Why It Matters
Changes in leadership and executive compensation can signal shifts in company strategy or financial priorities, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and executive composition can introduce uncertainty regarding future strategy and operational direction.
Key Players & Entities
- Century Aluminum Company (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- December 5, 2024 (date) — Date of earliest event reported
- One South Wacker Drive, Suite 1000, Chicago, Illinois 60606 (address) — Principal Executive Offices
FAQ
What specific roles were affected by the director and officer changes?
The filing indicates changes in 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers' but does not specify the exact roles within this summary.
When were these changes officially reported?
The report was filed as of December 11, 2024, with the earliest event reported on December 5, 2024.
Are there any details on the new compensatory arrangements?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item information, but the specific details of these arrangements are not provided in the summary.
What is Century Aluminum Company's primary business?
Century Aluminum Company's Standard Industrial Classification is 'PRIMARY PRODUCTION OF ALUMINUM [3334]'.
Where is Century Aluminum Company headquartered?
Century Aluminum Company's principal executive offices are located at One South Wacker Drive, Suite 1000, Chicago, Illinois 60606.
Filing Stats: 626 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2024-12-11 16:05:57
Key Financial Figures
- $0.01 — ge on which registered: Common Stock, $0.01 par value per share CENX Nasdaq Stock
Filing Documents
- tm2430766d1_8k.htm (8-K) — 25KB
- tm2430766d1_8kimg001.jpg (GRAPHIC) — 12KB
- 0001104659-24-127614.txt ( ) — 226KB
- cenx-20241205.xsd (EX-101.SCH) — 3KB
- cenx-20241205_lab.xml (EX-101.LAB) — 33KB
- cenx-20241205_pre.xml (EX-101.PRE) — 22KB
- tm2430766d1_8k_htm.xml (XML) — 4KB
02. Departure of Directors or Certain Officers; Election
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 9, 2024, Rob Hoffman was promoted to the role of Senior Vice President, Chief Information Officer and Chief Accounting Officer of Century Aluminum Company (the "Company"). Mr. Hoffman, age 55, joined the Company in October 2004 and served as the Company's Director of Financial Planning and Analysis from May 2015 through May 2017. Mr. Hoffman was promoted to the role of Chief Information Officer in June 2017 and was promoted again to Vice President, Chief Accounting Officer and Chief Information Officer in 2021. Mr. Hoffman holds a Bachelor of Science degree in Accounting from Golden Gate University, a Master of Business in Finance from Saint Mary's College of California and is a Certified Public Accountant. In connection with his promotion, Century's Board of Directors appointed Mr. Hoffman as the Company's principal accounting officer. Mr. Hoffman assumes the duties of principal accounting officer following the departure of the Company's former principal accounting officer, Ms. Theresa Brainerd, effective December 5, 2024. There is no arrangement or understanding between Mr. Hoffman and any other person relating to the designation of Mr. Hoffman as the principal accounting officer of the Company. With respect to the disclosure required by Item 401(d) of Regulation S-K, there are no family relationships between Mr. Hoffman and any of the Company's directors or executive officers. With respect to Item 404(a) of Regulation S-K, there are no relationships or related transactions between Mr. Hoffman and the Company that would be required to be reported.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CENTURY ALUMINUM COMPANY Date: December 11, 2024 By: /s/ JOHN V. DEZEE Name: John V. DeZee Title: Executive Vice President, General Counsel and Secretary