Eagle Materials Appoints New CFO
Ticker: EXP · Form: 8-K · Filed: May 22, 2024 · CIK: 918646
| Field | Detail |
|---|---|
| Company | Eagle Materials INC (EXP) |
| Form Type | 8-K |
| Filed Date | May 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, compensation
TL;DR
Eagle Materials names Michael Stewart as new CFO, starting immediately.
AI Summary
Eagle Materials Inc. announced on May 16, 2024, the appointment of Michael R. Stewart as Chief Financial Officer, effective immediately. Stewart previously served as the company's Senior Vice President, Finance and Strategy. He will receive an annual base salary of $450,000 and is eligible for incentive compensation.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: low — The filing details a routine executive appointment and compensation, which typically carries low risk.
Key Numbers
- $450,000 — CFO Base Salary (Annual compensation for Michael R. Stewart)
Key Players & Entities
- Eagle Materials Inc. (company) — Registrant
- Michael R. Stewart (person) — Appointed Chief Financial Officer
- $450,000 (dollar_amount) — Annual base salary for new CFO
FAQ
What is Michael R. Stewart's new role at Eagle Materials Inc.?
Michael R. Stewart has been appointed as the Chief Financial Officer of Eagle Materials Inc.
When was Michael R. Stewart's appointment effective?
The appointment of Michael R. Stewart as CFO was effective immediately as of May 16, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Michael R. Stewart as CFO is $450,000.
What was Michael R. Stewart's previous role at Eagle Materials Inc.?
Prior to his appointment as CFO, Michael R. Stewart served as the Senior Vice President, Finance and Strategy for Eagle Materials Inc.
Is the new CFO eligible for incentive compensation?
Yes, Michael R. Stewart is eligible for incentive compensation in his new role as CFO.
Filing Stats: 704 words · 3 min read · ~2 pages · Grade level 12 · Accepted 2024-05-22 16:30:57
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value EXP New York Stock Exchan
Filing Documents
- d821443d8k.htm (8-K) — 26KB
- d821443dex101.htm (EX-10.1) — 18KB
- d821443dex102.htm (EX-10.2) — 9KB
- 0001193125-24-144992.txt ( ) — 182KB
- exp-20240516.xsd (EX-101.SCH) — 3KB
- exp-20240516_lab.xml (EX-101.LAB) — 18KB
- exp-20240516_pre.xml (EX-101.PRE) — 11KB
- d821443d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit Number Description 10.1 Eagle Materials Inc. Salaried Incentive Compensation Program for Fiscal Year 2025 10.2 Eagle Materials Inc. Special Situation Program for Fiscal Year 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. EAGLE MATERIALS INC. By: /s/ Matt Newby Matt Newby Executive Vice President, General Counsel and Secretary Date: May 22, 2024