Short answer
AZZ INC (AZZ) filed an 8-K current report with the SEC on March 5, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Todd Bella promoted to President – Metal Coatings, effective March 1, 2026; base salary $350,000 for FY2027.
AZZ INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Todd Bella promoted to President – Metal Coatings, effective March 1, 2026; base salary $350,000 for FY2027
- STI cash bonus target 60% of base = $210,000; LTI equity target $245,000 (70% of base), split 50% PSUs / 50% RSUs
- Total target compensation package ~$805,000 for FY2027 (base + STI + LTI)
- Non-compete and non-solicit covenants apply during employment and 12 months post-termination
- Predecessor Bryan Stovall (COO – Metal Coatings) retiring June 8, 2026; overlap period ensures transition continuity
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