UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM i 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
ARCONIC CORPORATION
(Exact name of registrant as specified in its charter)
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i Delaware
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i 84-2745636
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(State or other Jurisdiction
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(Commission File Number)
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(IRS Employer
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of Incorporation)
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Identification No.)
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i 201 Isabella Street, i Suite 400
i Pittsburgh, i Pennsylvania
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i 15212-5872
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(Address of Principal Executive Offices)
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(Zip Code)
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(Registrant’s telephone number, including area code)
(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:
i ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
i ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
i ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
i ☐ 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:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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i Common Stock, par value $0.01 per share
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i ARNC
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i New York Stock Exchange
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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) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
Emerging growth company i ☐
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. ☐
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
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On October 10, 2022, the Board of
Directors (the “Board”) of Arconic Corporation (the “Company”) appointed Ellis A. Jones as a member of the Board, effective as of October 10, 2022, with a term expiring at the Company’s 2023 annual meeting of shareholders. The Board has determined that Mr. Jones qualifies as an independent director under the listing standards of the New York Stock Exchange. Mr. Jones was also appointed to the Governance and Nominating Committee of the Board, effective October10, 2022. In connection with Mr. Jones’ appointment,
the size of the Board was increased to 11 members.
Ellis
A. Jones, 56, has
served as Vice President and Chief Sustainability Officer of The Goodyear Tire & Rubber Company, a global manufacturer of tires, since October 2021, and currently chairs the Sustainability Council and the EHS Council at Goodyear. He previously
served as Vice President of Environmental, Health, Safety and Sustainability and Business Continuity from December 2019 – September 2021, and Senior Director of Global Environmental, Health, Safety and Sustainability and Business Continuity from
2017 – December 2019. Mr. Jones’ career at Goodyear spans more than 33 years, and since 2003, he has held various leadership positions, including Manufacturing Director, Race Tire Division and Finance Director, Manufacturing, Purchasing and Supply
Chain, North American Tire Division. Mr. Jones also previously served as the finance director of office property and casualty insurance at Nationwide Mutual Insurance Company. He began his career in various finance roles with Goodyear. Mr. Jones brings to the Board broad cross-functional experience in the global manufacturing sector. His deep knowledge of environmental sustainability,
health and safety matters enables him to provide valuable contributions to the Board’s consideration of environmental, social and governance matters and strategic initiatives.
Mr. Jones will be compensated for his service as a non-employee director consistent with the compensation provided to
other non-employee directors under the Amended and Restated Non-Employee Director Compensation Policy (the “
Policy”). Accordingly, in connection with his
appointment, Mr. Jones will receive a prorated annual equity award for the period of service from
October 10, 2022 through the day of
the Company’s 2023 annual meeting of shareholders, and a prorated annual cash retainer for the period of service
from
October 10, 2022 through
December 31, 2022, in each case subject to his continued service on the Board.
Mr. Jones does not have any family relationships with any current director or executive officer of
the Company, and
there are no transactions or proposed transactions to which
the Company is a party, or intends to be a party, in which Mr. Jones has, or will have, a material interest subject to disclosure under Item 404(a) of Regulation S-K. There are no
arrangements or understandings with any other person pursuant to which Mr. Jones was appointed as a director.
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Item 9.01
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Financial
Statements and Exhibits.
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(d) Exhibits
SIGNATURE
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.
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ARCONIC CORPORATION
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By:
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Name:
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Title:
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Executive Vice President, Chief Legal Officer and Secretary |
