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General Dynamics logoGeneral Dynamics GD

The company announced on Tuesday, January 5, 2024 that Kimberly A. Kuryea, currently Senior Vice President, Human Resources and Administration, will transition to Senior Vice President and Chief Financial Officer, effective February 15, 2024.

8-K/ADeparture or Appointment of Directors or Certain Officers (amended)Amended filingFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company announced on Tuesday, January 5, 2024 that Kimberly A. Kuryea, currently Senior Vice President, Human Resources and Administration, will transition to Senior Vice President and Chief Financial Officer, effective February 15, 2024.

  2. General Dynamics said on February 8, 2024 that it had determined the compensation arrangement for Ms. Kuryea's new position, and that her base salary in the role will be $950,000.

  3. The company said Ms. Kuryea's target annual incentive opportunity will be 115% of her base salary.

  4. The company said Ms. Kuryea's long-term incentive, which consists of equity compensation, will be set under the approach described on page 54 of its proxy statement for the 2023 annual meeting of shareholders, filed with the Securities and Exchange Commission on March 24, 2023.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Kimberly A. Kuryea to Chief Financial Officer

The company announced on Tuesday, January 5, 2024 that Kimberly A. Kuryea, currently Senior Vice President, Human Resources and Administration, will transition to Senior Vice President and Chief Financial Officer, effective February 15, 2024.

Source · Based on the filing body and exhibits

Base Salary in New Role

General Dynamics said on February 8, 2024 that it had determined the compensation arrangement for Ms. Kuryea's new position, and that her base salary in the role will be $950,000.

Source · Based on the filing body and exhibits

Target Annual Incentive Opportunity

The company said Ms. Kuryea's target annual incentive opportunity will be 115% of her base salary.

Source · Based on the filing body and exhibits

Long-Term Incentive Approach

The company said Ms. Kuryea's long-term incentive, which consists of equity compensation, will be set under the approach described on page 54 of its proxy statement for the 2023 annual meeting of shareholders, filed with the Securities and Exchange Commission on March 24, 2023.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.