Amentum amends Executive Chair Steven Demetriou's employment agreement, removes severance
Amentum Holdings' board approved an amended and restated employment agreement for Executive Chair Steven J. Demetriou, effective September 28, 2026. The filing sets a $625,000 base salary, a bonus at 100% of base salary, and a $1,250,000 long-term incentive target, and removes severance obligations except a pro-rata bonus and full accelerated vesting of outstanding LTI awards.
Key points
- Base salary set at $625,000, effective September 28, 2026
- Short-term bonus target is 100% of base salary
- Long-term incentive target value at grant is $1,250,000
- Severance removed, except pro-rata bonus and full accelerated LTI vesting
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 02, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.