Summary of Annual Base Salaries Approved for Named Executive Officers of Worthington Industries, Inc
Exhibit 10.67
ANNUAL BASE SALARIES APPROVED FOR NAMED EXECUTIVE OFFICERS
OF
WORTHINGTON INDUSTRIES, INC.
In June 2020, the Compensation Committee of the Board of Directors of Worthington Industries, Inc. (the “Registrant”) approved base salary increases for the following executive officers of the Registrant who will be named executive officers of the Registrant for purposes of the disclosure to be included in the Registrant’s Proxy Statement for the 2020 Annual Meeting of Shareholders to be held on September 23, 2020, which will become effective in September 2020.
| Name and Principal Position |
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| Base Salary | |
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| John P. McConnell Chairman and Chief Executive Officer of the Registrant will step down as CEO and become Executive Chairman effective September 1, 2020 |
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| $ | 400,000 |
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| Joseph B. Hayek |
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| Vice President and Chief Financial Officer of the Registrant |
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| $ | 405,000 |
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| B. Andrew Rose President of the Registrant will also become CEO effective September 1, 2020 |
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| $ | 650,000 |
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| Geoffrey G. Gilmore Executive Vice President and Chief Operating Officer of the Registrant |
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| $ | 612,000 |
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| Virgil L. Winland Senior Vice President-Manufacturing of the Registrant |
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| $ | 450,000 |
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