Ampco-Pittsburgh Ups CFO Salary and Incentives in 2026 Compensation Plan

Reuters

2025/12/12

Ampco-Pittsburgh Ups CFO Salary and Incentives in 2026 Compensation Plan

Ampco-Pittsburgh Corporation has announced updated compensation terms for two key executives effective January 1, 2026. David G. Anderson, currently President of Air & Liquid Systems Corporation, will assume the roles of Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary of Ampco-Pittsburgh Corporation, while continuing as President of Air & Liquid Systems. Anderson's annual base salary will increase to $430,000, with a short-term incentive target set at 65% of base salary and a long-term equity incentive target at 85% of base salary. Outgoing CFO Michael G. McAuley will transition to the role of Strategic Advisor to the Chief Executive Officer through June 30, 2026, with an annualized base salary of $495,000, consistent with his 2025 salary. McAuley will not participate in the company's short- or long-term incentive programs for 2026. The company will also reimburse him for health insurance premiums under COBRA for up to 18 months following his retirement as Strategic Advisor.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ampco-Pittsburgh Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-315955), on December 11, 2025, and is solely responsible for the information contained therein.

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David G. Anderson, currently President of Air &amp; Liquid Systems Corporation, will assume the roles of Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary of Ampco-Pittsburgh Corporation, while continuing as President of Air &amp; Liquid Systems. Anderson's annual base salary will increase to $430,000, with a short-term incentive target set at 65% of base salary and a long-term equity incentive target at 85% of base salary. Outgoing CFO Michael G. McAuley will transition to the role of Strategic Advisor to the Chief Executive Officer through June 30, 2026, with an annualized base salary of $495,000, consistent with his 2025 salary. McAuley will not participate in the company's short- or long-term incentive programs for 2026. The company will also reimburse him for health insurance premiums under COBRA for up to 18 months following his retirement as Strategic Advisor.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ampco-Pittsburgh Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-315955), on December 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4006","symbol_name":"钢铁","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251211:nNDL75pMbN:1","article_id":"2590549204","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590549204","pubTimestamp":1765487608,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Ampco-Pittsburgh Corporation has announced updated compensation terms for two key executives effective January 1, 2026. David G. Anderson, currently President of Air & Liquid Systems Corporation, will assume the roles of Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary of Ampco-Pittsburgh Corporation, while continuing as President of Air & Liquid Systems. Anderson's annual base salary will increase to $430,000, with a short-term incentive target set at 65% of base salary and a long-term equity incentive target at 85% of base salary. Outgoing CFO Michael G. McAuley will transition to the role of Strategic Advisor to the Chief Executive Officer through June 30, 2026, with an annualized base salary of $495,000, consistent with his 2025 salary. McAuley will not participate in the company's short- or long-term incentive programs for 2026. 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Anderson's annual base salary will increase to $430,000, with a short-term incentive target set at 65% of base salary and a long-term equity incentive target at 85% of base salary. Outgoing CFO Michael G. McAuley will transition to the role of Strategic Advisor to the Chief Executive Officer through June 30, 2026, with an annualized base salary of $495,000, consistent with his 2025 salary. McAuley will not participate in the company's short- or long-term incentive programs for 2026. The company will also reimburse him for health insurance premiums under COBRA for up to 18 months following his retirement as Strategic Advisor.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ampco-Pittsburgh Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-315955), on December 11, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}