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 Officers

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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 Officers

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 Officers
Item 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).


About Spirit AeroSystems Holdings,Inc. (NYSE:SPR)

Spirit AeroSystems Holdings, Inc. is a non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero-structures. The Company is a supplier of aero-structures to The Boeing Company (Boeing) and Airbus S.A.S (Airbus). The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems. It is engaged in production, including the majority of the airframe content for the Boeing B737. It is also a content supplier of wing systems for the Airbus A320 family. It is a supplier for the Airbus A380 and Airbus A350 XWB (Xtra Wide-Body). Its products include Fuselage Systems, Propulsion Systems and Wing Systems. The Company offers spares and replacement parts for B737 Classic, B737NG, B747, B757, B767, B777, Rolls-Royce BR725, A320, A330, A340 and A380. Its Maintenance, Repair and Overhaul at repair stations provide complete on-site repair and overhaul to support MRO services for B747, B767, B777, B787 and Rolls-Royce BR725.