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AI English summary of an SEC filing — figures as filed

Huntington Ingalls Industries logoHuntington Ingalls Industries HII

The company said its Board of Directors on November 5, 2024 elected Kara R. Wilkinson as Executive Vice President and President, Newport News Shipbuilding. The appointment takes effect on January 1, 2025, the same day Jennifer R. Boykin retires from the role.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its Board of Directors on November 5, 2024 elected Kara R. Wilkinson as Executive Vice President and President, Newport News Shipbuilding. The appointment takes effect on January 1, 2025, the same day Jennifer R. Boykin retires from the role.

  2. The company said its Compensation Committee approved raising Wilkinson's annual base salary from $545,000 to $625,000. The increase takes effect on January 1, 2025, and her other compensation terms will remain substantially the same.

  3. The company said its Board of Directors on November 5, 2024 elected Brian D. Blanchette to succeed Wilkinson as Executive Vice President and President, Ingalls Shipbuilding. The effective date is January 1, 2025, and Blanchette currently serves as Vice President, Quality and Engineering, Ingalls Shipbuilding.

  4. The company said in a press release that Jennifer Boykin will retire at year-end after 37 years with the company. HII CEO and President Chris Kastner said he asked Boykin to stay on in an advisory capacity through March to support Wilkinson's transition.

Summary

AI-written

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

Newport News Shipbuilding President Named

The company said its Board of Directors on November 5, 2024 elected Kara R. Wilkinson as Executive Vice President and President, Newport News Shipbuilding. The appointment takes effect on January 1, 2025, the same day Jennifer R. Boykin retires from the role.

Source · Based on the filing body and exhibits

Wilkinson Base Salary Increase

The company said its Compensation Committee approved raising Wilkinson's annual base salary from $545,000 to $625,000. The increase takes effect on January 1, 2025, and her other compensation terms will remain substantially the same.

Source · Based on the filing body and exhibits

Ingalls Shipbuilding Successor Named

The company said its Board of Directors on November 5, 2024 elected Brian D. Blanchette to succeed Wilkinson as Executive Vice President and President, Ingalls Shipbuilding. The effective date is January 1, 2025, and Blanchette currently serves as Vice President, Quality and Engineering, Ingalls Shipbuilding.

Source · Based on the filing body and exhibits

Boykin Retirement and Advisory Role

The company said in a press release that Jennifer Boykin will retire at year-end after 37 years with the company. HII CEO and President Chris Kastner said he asked Boykin to stay on in an advisory capacity through March to support Wilkinson's transition.

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.