Dauch adds two independent directors and names Markus Bannert VP, Metal Forming
On February 5, 2026, Dauch's board appointed Fiona MacAulay and Simon Mackenzie Smith as independent directors, with committee seats effective April 29, 2026. The same day, Dauch named Markus Bannert Vice President, Metal Forming, with a base salary of €800,000 and a performance equity award with a target of 90,909 shares. The filing describes these as board and executive appointments and contains no financial results.
Key points
- MacAulay joins as a Class I director serving until the 2027 annual meeting and is appointed to the Compensation and Nominating/Corporate Governance committees, effective April 29, 2026.
- Smith joins as a Class II director serving until the 2028 annual meeting and is appointed to the Audit and Technology committees, effective April 29, 2026.
- Bannert's base salary is €800,000, with a target annual bonus of 75% and a target long-term incentive of 150% of base salary.
- Bannert's inducement award has a target of 90,909 shares, with up to 272,727 shares earnable; 50% vests at the end of the performance period ending March 31, 2029, and the rest one year later.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 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 February 10, 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.