Spirit AeroSystems Holdings,Inc. (NYSE:SPR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(e) On October23, 2018, the Compensation Committee (the Committee”) of the Board of Directors of Spirit AeroSystems Holdings,Inc. (the “Company”) modified the compensation arrangement for Samantha Marnick, the Company’s Executive Vice President, Chief Administrative Officer and Strategy. Effective October26, 2018, Ms.Marnick’s annual base salary will increase from $520,000 to $550,000. Beginning in 2019, Ms.Marnick will be entitled to receive an annual award under the Long Term Incentive portion of the Company’s Omnibus Incentive Plan with a value equal to 215% of her annual base salary (increased from 200%). The modification to Ms.Marnick’s compensation arrangement was made as a result of her role change on October1, 2018 (Ms.Marnick’s role change involved the assumption of the following responsibilities: mergers and acquisitions, global customer support and services, and business/regional jets).