Worthington Industries, Inc. Executive Officers Annual Base Salary Approval (2022)
Worthington Industries, Inc.'s Compensation Committee approved new annual base salaries for its named executive officers, effective September 2022. The officers include the President and CEO, Vice President and CFO, Executive Vice President and COO, Executive Chairman, and Senior Vice President and CHRO. This approval sets the compensation amounts for these key executives for disclosure in the company's 2022 Proxy Statement and applies to the fiscal year beginning in September 2022.
Exhibit 10.69
ANNUAL BASE SALARIES APPROVED FOR NAMED EXECUTIVE OFFICERS
OF
WORTHINGTON INDUSTRIES, INC.
In June 2022, 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 2022 Annual Meeting of Shareholders to be held on September 28, 2022, which will become effective in September 2022.
Name and Principal Position |
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B. Andrew Rose President and CEO |
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| $ | 750,000 |
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Joseph B. Hayek |
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Vice President and Chief Financial Officer |
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| $ | 500,000 |
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Geoffrey G. Gilmore Executive Vice President and Chief Operating Officer |
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| $ | 660,000 |
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John P. McConnell Executive Chairman; a Director |
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| $ | 428,480 |
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Catherine M. Lyttle Senior Vice President and Chief Human Resources Officer |
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| $ | 378,000 |
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