AI brief of an SEC Form 8-K · Huntington Ingalls Industries (HII)
HII Elects Former CEO Mike Petters to Board of Directors
HII's board elected former CEO C. Michael Petters as a director effective October 19, 2026, and increased the board from eleven to twelve members. Petters will serve on the Cybersecurity and Finance Committees, and his compensation is a board retainer and deferred stock units, which the filing lists as routine director pay.
Key points
- Petters was elected to the board effective October 19, 2026, and appointed to the Cybersecurity and Finance Committees.
- He previously served as HII president and CEO from March 2011 to March 2022 and as Executive Vice Chairman until his retirement in January 2023.
- Annual cash retainer of $130,000, plus $20,000 for each committee role, and an annual equity grant of $195,000 in deferred stock units, prorated for 2026.
- Board size increased from eleven to twelve members.
The filing
CompanyHuntington Ingalls Industries (HII)
Form8-K, current report
Filed with the SECOct 20, 2026, 5:12 PM ET
Accession number0001501585-26-000050
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:18 PM ET, from the text of the filing and its press-release exhibits only.
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.