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.
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