Compass Minerals International, Inc. (CMP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Compass Minerals International, Inc. (CMP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In connection with his appointment as Interim Chief Financial Officer, effective November 2, 2016, Mr. Craft’s annual base salary will be $351,426. In addition, Mr. Craft’s targeted cash bonus under the Company’s management annual incentive program will be calculated at 50% of his base salary beginning November 2, 2016, with any bonus payments dependent on the Company’s pre-established performance goals and personal performance objectives. This base salary and targeted cash bonus will be effective until a permanent Chief Financial Officer is selected.

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