Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 6, 2020, Koppers Holdings Inc. (the "Company") announced the election
of James A. Sullivan as Executive Vice President and Chief Operating Officer of
the Company and Koppers Inc. ("KI" and, together with the Company, "Koppers"),
effective January 1, 2020.
Mr. Sullivan, age 56, served as Senior Vice President, Railroad Products and
Services and Global Carbon Materials and Chemicals for KI from May 2018 through
December 2019. Previously, he served as Senior Vice President, Global Carbon
Materials and Chemicals for KI from April 2014 to May 2018 and Vice President of
Business Development from June 2013 to April 2014.
In connection with his election as Executive Vice President and Chief Operating
Officer, Mr. Sullivan will receive an annual base salary of $500,000. Mr.
Sullivan will also be entitled to receive an annual cash incentive with a target
value of 75 percent of his annual base salary and an annual long-term incentive
award with a target value of 200 percent of his annual base salary.
Item 8.01 Other Events.
On January 6, 2020, the Company issued a press release announcing Mr. Sullivan's
election as Executive Vice President and Chief Operating Officer of Koppers,
effective January 1, 2020. A copy of this press release is attached hereto as
Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release dated January 6, 2020
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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