AI English summary of an SEC filing — figures as filed
Huntington Ingalls Industries HIIHuntington Ingalls Industries said on July 29, 2025 its Board of Directors elected Nick L. Stanage to the Board effective the same day. The Board appointed him to the Audit Committee and the Governance and Policy Committee.
Key points
AI summaryHuntington Ingalls Industries said on July 29, 2025 its Board of Directors elected Nick L. Stanage to the Board effective the same day. The Board appointed him to the Audit Committee and the Governance and Policy Committee.
The company said Stanage will receive an annual cash retainer of $120,000 and additional retainers of $25,000 and $20,000 for his service on the Audit and Governance and Policy Committees, respectively. He will also receive an annual equity grant of $165,000 in deferred stock units to be paid at the conclusion of his board service, with his retainer fees and equity grant prorated for 2025.
The company said on July 29, 2025 the Board approved an increase in the size of the Board from 12 members to 13 members.
The company said Stanage joined Hexcel as President in November 2009, was named Chief Operating Officer in May 2012, assumed the role of Chief Executive Officer in August 2013, retired as President and Chief Executive Officer in May 2024 and assumed the role of Executive Chairman through November 2024. The press release said he also serves on the board of directors for TriMas Corporation in addition to the Hexcel board of directors.
Summary
AI-writtenAnalysis 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.
Nick L. Stanage Elected to Board; Committee Appointments
Huntington Ingalls Industries said on July 29, 2025 its Board of Directors elected Nick L. Stanage to the Board effective the same day. The Board appointed him to the Audit Committee and the Governance and Policy Committee.
Source · Based on the filing body and exhibits
Director Compensation: Annual Cash Retainer and Equity Grant
The company said Stanage will receive an annual cash retainer of $120,000 and additional retainers of $25,000 and $20,000 for his service on the Audit and Governance and Policy Committees, respectively. He will also receive an annual equity grant of $165,000 in deferred stock units to be paid at the conclusion of his board service, with his retainer fees and equity grant prorated for 2025.
Source · Based on the filing body and exhibits
Board Size Increased from 12 to 13 Members
The company said on July 29, 2025 the Board approved an increase in the size of the Board from 12 members to 13 members.
Source · Based on the filing body and exhibits
Stanage's Hexcel Career and Current Board Service
The company said Stanage joined Hexcel as President in November 2009, was named Chief Operating Officer in May 2012, assumed the role of Chief Executive Officer in August 2013, retired as President and Chief Executive Officer in May 2024 and assumed the role of Executive Chairman through November 2024. The press release said he also serves on the board of directors for TriMas Corporation in addition to the Hexcel board of directors.
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.
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