$AMTM (Amentum Holdings) — 8-K: Amentum Executive Chair Demetriou Gets Open-Ended Contract, $625,000 Salary

Amentum Holdings amended Executive Chair Steven J. Demetriou's employment agreement, extending it beyond its prior September 27, 2026 end date until terminated by either party. Effective September 28, 2026, his base salary is $625,000, with a bonus/short-term incentive target equal to 100% of base salary and a long-term incentive target value at grant of $1,250,000. The amendment removes severance obligations, leaving him entitled only to a pro-rata bonus and full accelerated vesting of outstanding LTI awards.

Amentum Holdings amended Executive Chair Steven J. Demetriou's employment agreement, extending it beyond its prior September 27, 2026 end date until terminated by either party. Effective September 28,