Eagle Materials Appoints New CFO

Ticker: EXP · Form: 8-K · Filed: 2024-05-22T00:00:00.000Z

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

Key Players & Entities

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.

From the Filing

0001193125-24-144992.txt : 20240522 0001193125-24-144992.hdr.sgml : 20240522 20240522163057 ACCESSION NUMBER: 0001193125-24-144992 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240516 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240522 DATE AS OF CHANGE: 20240522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EAGLE MATERIALS INC CENTRAL INDEX KEY: 0000918646 STANDARD INDUSTRIAL CLASSIFICATION: CEMENT, HYDRAULIC [3241] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 752520779 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12984 FILM NUMBER: 24973766 BUSINESS ADDRESS: STREET 1: 5960 BERKSHIRE LANE STREET 2: SUITE 900 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: 214-432-2000 MAIL ADDRESS: STREET 1: 5960 BERKSHIRE LANE STREET 2: SUITE 900 CITY: DALLAS STATE: TX ZIP: 75225 FORMER COMPANY: FORMER CONFORMED NAME: CENTEX CONSTRUCTION PRODUCTS INC DATE OF NAME CHANGE: 19940204 8-K 1 d821443d8k.htm 8-K 8-K EAGLE MATERIALS INC false 0000918646 0000918646 2024-05-16 2024-05-16     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 16, 2024     Eagle Materials Inc. (Exact name of Registrant as Specified in Its Charter)       Delaware   1-12984   75-2520779 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.) 5960 Berkshire Ln. , Suite 900 Dallas , Texas     75225 (Address of Principal Executive Offices)     (Zip Code) Registrant’s Telephone Number, Including Area Code: (214) 432-2000 Not Applicable (Former Name or Former Address, if Changed Since Last Report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 par value   EXP   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Information responsive to Item 5.02(e): On May 16, 2024, the Compensation Committee approved the Eagle Materials Inc. Salaried Incentive Compensation Program for Fiscal Year 2025 (“Eagle Plan”), a copy of which is attached to this Report as

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