UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
As previously disclosed, on April 6, 2020, the Board of Directors (the “Board”) of Spirt AeroSystems Holdings, Inc. (the “Company”) approved salary reductions of 20% for the Company's executive officers in response to the impacts from the B737 MAX grounding and COVID-19 pandemic. On December 1, 2020, the Compensation Committee of the Board approved terminating the reductions and restoring the executive officers' full salaries effective January 4, 2021.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SPIRIT AEROSYSTEMS HOLDINGS, INC. | |||
Date: December 4, 2020 | By: | /s/ Stacy Cozad | |
Name: | Stacy Cozad | ||
Title: | Senior Vice President, General Counsel, Chief Compliance Officer and Secretary |