Cleveland-Cliffs Elects New Directors, Updates Executive Pay
Ticker: CLF · Form: 8-K · Filed: Nov 12, 2025 · CIK: 764065
Sentiment: neutral
Topics: board-composition, executive-compensation, governance
TL;DR
Cliffs just swapped out board members and updated exec pay – watch for governance changes.
AI Summary
Cleveland-Cliffs Inc. announced on November 11, 2025, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Ms. Laura J. Peterson and Mr. Paul J. Ward, to its Board, effective immediately. Additionally, the company entered into new employment agreements with its named executive officers, including President and CEO Donald F. Quintois, which will govern their compensation and benefits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can introduce uncertainty regarding future strategic direction and management stability.
Key Players & Entities
- Cleveland-Cliffs Inc. (company) — Registrant
- Laura J. Peterson (person) — Newly Elected Director
- Paul J. Ward (person) — Newly Elected Director
- Donald F. Quintois (person) — President and CEO
- November 11, 2025 (date) — Date of Report
FAQ
Who were the new directors elected to Cleveland-Cliffs' Board?
Ms. Laura J. Peterson and Mr. Paul J. Ward were elected as new directors.
When were the new directors elected?
The new directors were elected effective November 11, 2025.
What other significant event was reported on November 11, 2025?
Cleveland-Cliffs Inc. also entered into new employment agreements with its named executive officers.
Who is the President and CEO of Cleveland-Cliffs?
Donald F. Quintois is the President and CEO of Cleveland-Cliffs Inc.
What is the principal executive office address for Cleveland-Cliffs?
The principal executive offices are located at 200 Public Square, Suite 3300, Cleveland, Ohio 44114-2315.
Filing Stats: 700 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2025-11-12 07:09:52
Key Financial Figures
- $0.125 — h registered: Common Shares, par value $0.125 per share CLF New York Stock Exchange
Filing Documents
- clf-20251111.htm (8-K) — 28KB
- 0000764065-25-000162.txt ( ) — 145KB
- clf-20251111.xsd (EX-101.SCH) — 2KB
- clf-20251111_lab.xml (EX-101.LAB) — 22KB
- clf-20251111_pre.xml (EX-101.PRE) — 13KB
- clf-20251111_htm.xml (XML) — 3KB
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. CLEVELAND-CLIFFS INC. Date: November 12, 2025 By: /s/ James D. Graham Name: James D. Graham Title: Executive Vice President, Chief Legal and Administrative Officer & Secretary 3