A. O. Smith Corporation Non-Employee Directors’ Compensation Summary Effective April 8, 2025
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Summary
A. O. Smith Corporation has set new compensation terms for its non-employee directors, effective April 8, 2025. Each director will receive an annual cash retainer of $103,500, paid quarterly, and an annual award of common stock valued at $150,000. Additional annual cash retainers are provided for the Lead Director ($30,000), Audit Committee Chairperson ($25,000), and Chairpersons of the Nominating and Governance and Personal and Compensation Committees ($20,000 each), all paid quarterly. Committee member retainers have been discontinued.
EX-10.1 2 aos-20250331xex101.htm EX-10.1 Document
Exhibit 10.1
SUMMARY OF DIRECTORS’ COMPENSATION
Effective April 8, 2025, compensation paid to non-employee directors of A. O. Smith Corporation is as follows: Directors will receive an annual cash retainer of $103,500, paid quarterly. Each director receives Common Stock with the market value of $150,000 on the date of the award. The Lead Director receives an additional annual retainer of $30,000, paid quarterly. The Chairperson of the Audit Committee receives an additional annual retainer of $25,000, paid quarterly. The Chairperson of the Nominating and Governance Committee and the Personal and Compensation Committee receives an additional annual retainer of $20,000, paid quarterly. The committee member retainers have been eliminated.
