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West Pharmaceutical Services logoWest Pharmaceutical Services WST

The company said it elected Janet Haugen to its Board of Directors as a new member on December 9, 2024, which increased the Board to 12 directors. The company said Ms. Haugen is expected to participate on the Audit Committee from the date of her appointment.

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

Key points

AI summary
  1. The company said it elected Janet Haugen to its Board of Directors as a new member on December 9, 2024, which increased the Board to 12 directors. The company said Ms. Haugen is expected to participate on the Audit Committee from the date of her appointment.

  2. The company said Ms. Haugen, 66, worked at Unisys Corporation for 20 years, serving as Chief Financial Officer for more than 16 years. It said she was a partner at Ernst & Young before joining Unisys.

  3. The company said Ms. Haugen will receive the customary annual compensation for its non-employee directors, consisting of an annual retainer of $100,000 and an annual grant of restricted stock units valued at $220,000. It said each element will be prorated for her period of service.

  4. The company said Ms. Haugen currently serves on the boards of Bentley Systems, Juniper Networks and CentralSquare Technologies. It also said there are no arrangements or understandings between her and any other person regarding her election, and no transactions between the company and her.

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.

Janet Haugen Elected to Board, Bringing Size to 12 Directors

The company said it elected Janet Haugen to its Board of Directors as a new member on December 9, 2024, which increased the Board to 12 directors. The company said Ms. Haugen is expected to participate on the Audit Committee from the date of her appointment.

Source · Based on the filing body and exhibits

Haugen's Career as Unisys Chief Financial Officer

The company said Ms. Haugen, 66, worked at Unisys Corporation for 20 years, serving as Chief Financial Officer for more than 16 years. It said she was a partner at Ernst & Young before joining Unisys.

Source · Based on the filing body and exhibits

Non-Employee Director Pay Prorated for Service Period

The company said Ms. Haugen will receive the customary annual compensation for its non-employee directors, consisting of an annual retainer of $100,000 and an annual grant of restricted stock units valued at $220,000. It said each element will be prorated for her period of service.

Source · Based on the filing body and exhibits

Current Outside Boards and No Election-Related Arrangements

The company said Ms. Haugen currently serves on the boards of Bentley Systems, Juniper Networks and CentralSquare Technologies. It also said there are no arrangements or understandings between her and any other person regarding her election, and no transactions between the company and her.

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.